Raiffeisen Bank International AG Buys Shares of 338,778 Amazon.com, Inc. (NASDAQ:AMZN)

Raiffeisen Bank International AG acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 338,778 shares of the e-commerce giant's stock, valued at approximately $74,725,000. Amazon.com accounts for about 1.1% of Raiffeisen Bank International AG's holdings, making the stock its 18th largest position.

A number of other large investors also recently bought and sold shares of AMZN. Norges Bank purchased a new stake in shares of Amazon.com during the fourth quarter worth $27,266,582,000. Capital World Investors boosted its holdings in Amazon.com by 36.8% in the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock valued at $14,416,078,000 after purchasing an additional 17,681,004 shares during the period. Vanguard Group Inc. boosted its holdings in 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 valued at $180,637,081,000 after purchasing an additional 17,635,391 shares during the period. Proficio Capital Partners LLC grew its stake in Amazon.com by 17,054.5% during the 4th quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant's stock worth $2,652,116,000 after purchasing an additional 12,018,120 shares in the last quarter. Finally, Capital International Investors increased its holdings in Amazon.com by 26.5% during the 4th quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock worth $12,564,961,000 after purchasing an additional 12,000,745 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the transaction, the chief executive officer now directly owns 509,474 shares of the company's stock, valued at approximately $95,776,017.26. This trade represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total transaction of $4,000,233.60. Following the completion of the sale, the chief executive officer now owns 2,148,694 shares of the company's stock, valued at $432,532,102.20. This trade represents a 0.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold 99,537 shares of company stock valued at $20,018,625 in the last quarter. 9.70% of the stock is currently owned by insiders.

Amazon.com Stock Performance

Shares of Amazon.com stock traded down $1.77 during trading on Friday, hitting $203.93. 51,641,602 shares of the stock were exchanged, compared to its average volume of 42,089,558. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average price of $190.60 and a 200-day moving average price of $208.70. The stock has a market capitalization of $2.16 trillion, a price-to-earnings ratio of 36.88, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52.

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Amazon.com from $287.00 to $206.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Tigress Financial lifted their price objective on shares of Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. JPMorgan Chase & Co. boosted their target price on shares of Amazon.com from $220.00 to $225.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. Telsey Advisory Group reissued an "outperform" rating and issued a $235.00 target price on shares of Amazon.com in a report on Friday, May 2nd. Finally, Wedbush reaffirmed an "outperform" rating and set a $235.00 price target (up from $225.00) on shares of Amazon.com in a report on Friday, May 2nd. Four research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. According to MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and an average 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.