Sava Infond d.o.o. Buys 1,420 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Sava Infond d.o.o. increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 115,380 shares of the e-commerce giant's stock after buying an additional 1,420 shares during the quarter. Amazon.com comprises approximately 4.2% of Sava Infond d.o.o.'s portfolio, making the stock its 4th biggest holding. Sava Infond d.o.o.'s holdings in Amazon.com were worth $21,952,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in AMZN. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com in the fourth quarter valued at about $25,000. Prudent Man Investment Management Inc. acquired a new position in Amazon.com in the fourth quarter valued at approximately $27,000. LSV Asset Management acquired a new position in Amazon.com in the fourth quarter valued at approximately $35,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com during the first quarter worth approximately $40,000. Finally, Perritt Capital Management Inc boosted its position in shares of Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after buying an additional 80 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 733,195 shares of the stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $227.02, for a total transaction of $166,449,928.90. Following the sale, the insider directly owned 894,546,706 shares of the company's stock, valued at $203,079,993,196.12. This represents a 0.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $220.06, for a total transaction of $550,150.00. Following the sale, the chief executive officer directly owned 514,550 shares in the company, valued at $113,231,873. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,335,232 shares of company stock valued at $3,210,622,570. Company insiders own 9.70% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Mizuho dropped their price target on Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Raymond James Financial reaffirmed an "outperform" rating and issued a $195.00 price target (down previously from $275.00) on shares of Amazon.com in a report on Monday, April 21st. JMP Securities upped their price target on Amazon.com from $250.00 to $285.00 and gave the company a "market outperform" rating in a report on Thursday, July 10th. Evercore ISI dropped their price target on Amazon.com from $270.00 to $260.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Finally, Stifel Nicolaus cut their target price on shares of Amazon.com from $248.00 to $245.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Three equities research analysts have rated the stock with a hold rating, forty-five have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $250.35.

Amazon.com Price Performance

NASDAQ:AMZN traded up $2.25 during mid-day trading on Friday, hitting $226.13. The company's stock had a trading volume of 37,691,170 shares, compared to its average volume of 41,991,273. 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 current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $2.40 trillion, a price-to-earnings ratio of 36.83, a P/E/G ratio of 1.67 and a beta of 1.33. The stock has a fifty day moving average of $213.50 and a 200-day moving average of $208.67.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The company's quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.98 earnings per share. As a group, equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.