SJS Investment Consulting Inc. Raises Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

SJS Investment Consulting Inc. increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 15.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,748 shares of the e-commerce giant's stock after purchasing an additional 1,566 shares during the period. Amazon.com accounts for 0.4% of SJS Investment Consulting Inc.'s holdings, making the stock its 25th biggest holding. SJS Investment Consulting Inc.'s holdings in Amazon.com were worth $2,235,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMZN. Tallon Kerry Patrick bought a new position in shares of Amazon.com during the fourth quarter valued at approximately $800,000. Capital & Planning LLC boosted its stake in shares of Amazon.com by 72.1% during the fourth quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant's stock valued at $856,000 after purchasing an additional 1,635 shares in the last quarter. LaFleur & Godfrey LLC boosted its stake in shares of Amazon.com by 1.8% during the fourth quarter. LaFleur & Godfrey LLC now owns 49,407 shares of the e-commerce giant's stock valued at $10,839,000 after purchasing an additional 860 shares in the last quarter. Brighton Jones LLC boosted its stake in shares of Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after purchasing an additional 397,007 shares in the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new stake in Amazon.com in the fourth quarter valued at approximately $301,650,000. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $200.79, for a total value of $541,129.05. Following the completion of the transaction, the vice president now owns 119,780 shares of the company's stock, valued at approximately $24,050,626.20. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP David Zapolsky sold 7,100 shares of Amazon.com stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $201.23, for a total transaction of $1,428,733.00. Following the completion of the transaction, the senior vice president now directly owns 60,600 shares of the company's stock, valued at $12,194,538. The trade was a 10.49% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 102,037 shares of company stock valued at $20,531,075. Corporate insiders own 10.80% of the company's stock.

Amazon.com Trading Up 2.1%

Shares of Amazon.com stock opened at $212.77 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.84. The firm has a fifty day moving average price of $199.60 and a 200 day moving average price of $209.07. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The stock has a market cap of $2.26 trillion, a PE ratio of 34.65, a price-to-earnings-growth ratio of 1.57 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The company had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. During the same quarter in the previous year, the company earned $0.98 earnings per share. The firm's revenue for the quarter was up 8.6% on a year-over-year basis. Equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their target price 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. Raymond James Financial restated an "outperform" rating and issued a $195.00 target price (down from $275.00) on shares of Amazon.com in a research note on Monday, April 21st. The Goldman Sachs Group lowered their target price on shares of Amazon.com from $255.00 to $220.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. BNP Paribas upgraded shares of Amazon.com to a "hold" rating in a research note on Wednesday, April 30th. Finally, Evercore ISI lowered their target price on shares of Amazon.com from $270.00 to $260.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd. Four analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $245.64.

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.

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