Mufg Securities Americas Inc. Invests $30.31 Million in Amazon.com, Inc. (NASDAQ:AMZN)

Mufg Securities Americas Inc. purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 138,145 shares of the e-commerce giant's stock, valued at approximately $30,308,000. Amazon.com comprises 3.8% of Mufg Securities Americas Inc.'s portfolio, making the stock its 4th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nearwater Capital Markets Ltd purchased a new position in Amazon.com in the fourth quarter valued at $51,557,000. Newbrook Capital Advisors LP boosted its stake in shares of Amazon.com by 3.3% in the 4th quarter. Newbrook Capital Advisors LP now owns 460,676 shares of the e-commerce giant's stock valued at $101,068,000 after buying an additional 14,516 shares during the period. Night Owl Capital Management LLC grew its position in shares of Amazon.com by 2.5% during the fourth quarter. Night Owl Capital Management LLC now owns 310,268 shares of the e-commerce giant's stock worth $68,070,000 after buying an additional 7,531 shares in the last quarter. Noked Israel Ltd purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $3,291,000. Finally, NorthRock Partners LLC lifted its stake in Amazon.com by 183.7% in the fourth quarter. NorthRock Partners LLC now owns 147,082 shares of the e-commerce giant's stock worth $32,268,000 after acquiring an additional 95,236 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AMZN has been the topic of a number of analyst reports. Morgan Stanley cut their price target on Amazon.com from $280.00 to $245.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Canaccord Genuity Group reissued a "buy" rating on shares of Amazon.com in a report on Thursday, February 13th. Royal Bank of Canada reduced their price objective on shares of Amazon.com from $235.00 to $230.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Barclays cut their price target on shares of Amazon.com from $265.00 to $240.00 and set an "overweight" rating on the stock in a research note on Friday, May 2nd. Finally, Rosenblatt Securities increased their price target on shares of Amazon.com from $287.00 to $288.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Four research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company. Based on data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $244.09.

Amazon.com Trading Up 0.5%

Shares of NASDAQ:AMZN traded up $0.98 during mid-day trading on Thursday, reaching $205.70. 34,630,040 shares of the company's stock were exchanged, compared to its average volume of 41,998,996. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The firm has a market capitalization of $2.18 trillion, a price-to-earnings ratio of 37.20, a PEG ratio of 1.50 and a beta of 1.30. The business's fifty day moving average price is $190.55 and its 200-day moving average price is $208.71.

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

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 20,923 shares of the business's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total value of $4,211,799.90. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 sale, the chief executive officer now directly owns 509,474 shares in the company, valued at approximately $95,776,017.26. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 99,537 shares of company stock valued at $20,018,625 over the last ninety days. 9.70% of the stock is owned by company insiders.

About Amazon.com

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.