Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Metavasi Capital LP

Metavasi Capital LP decreased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 40.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,906 shares of the e-commerce giant's stock after selling 22,000 shares during the quarter. Amazon.com accounts for approximately 2.6% of Metavasi Capital LP's portfolio, making the stock its 10th largest position. Metavasi Capital LP's holdings in Amazon.com were worth $7,219,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Amazon.com by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after acquiring an additional 17,635,391 shares in the last quarter. FMR LLC grew its stake in shares of Amazon.com by 0.5% in the fourth quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after acquiring an additional 1,725,664 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Amazon.com by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after acquiring an additional 5,015,380 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Amazon.com by 2.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after acquiring an additional 4,087,933 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Amazon.com during the fourth quarter worth $27,266,582,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Buying and Selling

In other news, CEO Matthew S. Garman sold 20,923 shares of the stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,211,799.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total transaction of $469,975.00. Following the completion of the transaction, the chief executive officer now directly owns 509,474 shares of the company's stock, valued at $95,776,017.26. This trade represents a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold 118,749 shares of company stock valued at $24,197,235 over the last quarter. 9.70% of the stock is owned by company insiders.

Amazon.com Stock Performance

Shares of AMZN stock traded down $2.11 on Friday, hitting $200.99. The company's stock had a trading volume of 33,340,050 shares, compared to its average volume of 42,020,996. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The stock's 50 day moving average is $190.05 and its 200-day moving average is $208.80. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The company has a market capitalization of $2.13 trillion, a PE ratio of 36.35, a PEG ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The business had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. During the same quarter in the prior year, the business posted $0.98 earnings per share. Amazon.com's revenue was up 8.6% compared to the same quarter last year. Equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the subject of several research analyst reports. Citizens Jmp decreased their price objective on shares of Amazon.com from $285.00 to $240.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. The Goldman Sachs Group cut their price target on shares of Amazon.com from $255.00 to $220.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Bank of America cut their price target on shares of Amazon.com from $257.00 to $225.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Oppenheimer cut their price target on shares of Amazon.com from $260.00 to $220.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Finally, Loop Capital increased their target price on shares of Amazon.com from $275.00 to $285.00 and gave the company a "buy" rating in a report on Wednesday, February 12th. Four equities research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $244.09.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.