Tpg Gp A LLC Trims Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

TPG GP A LLC decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 353,399 shares of the e-commerce giant's stock after selling 27,623 shares during the quarter. Amazon.com makes up 1.3% of TPG GP A LLC's investment portfolio, making the stock its 16th largest position. TPG GP A LLC's holdings in Amazon.com were worth $77,532,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AMZN. Momentous Wealth Management Inc. purchased a new stake in shares of Amazon.com in the 4th quarter valued at about $749,000. Segall Bryant & Hamill LLC raised its holdings in shares of Amazon.com by 14.3% in the 4th quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock valued at $69,572,000 after acquiring an additional 39,696 shares in the last quarter. Evergreen Capital Management LLC raised its holdings in shares of Amazon.com by 0.5% during the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock valued at $53,213,000 after buying an additional 1,198 shares in the last quarter. Bearing Point Capital LLC purchased a new position in shares of Amazon.com during the 4th quarter valued at about $12,014,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Amazon.com by 173.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock valued at $759,434,000 after buying an additional 2,196,353 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

Amazon.com stock traded down $0.29 during midday trading on Tuesday, reaching $206.36. 19,566,184 shares of the stock traded hands, compared to its average volume of 41,884,723. The stock's fifty day moving average is $190.68 and its 200-day moving average is $208.63. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The stock has a market cap of $2.19 trillion, a P/E ratio of 37.32, a PEG ratio of 1.50 and a beta of 1.30. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.

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, beating 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 business had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. During the same period in the prior year, the business posted $0.98 earnings per share. The company's quarterly revenue was up 8.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

AMZN has been the topic of a number of research reports. Maxim Group raised their price objective on Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a report on Friday, February 7th. Jefferies Financial Group reduced their price target on Amazon.com from $250.00 to $240.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Bank of America raised their price target on Amazon.com from $230.00 to $248.00 and gave the stock a "buy" rating in a research report on Monday. Westpark Capital restated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, May 2nd. Finally, Evercore ISI cut their price objective on Amazon.com from $270.00 to $260.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $244.57.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction on 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 transaction, the chief executive officer now directly owns 2,148,694 shares in the company, valued at $432,532,102.20. This trade represents a 0.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Keith Brian Alexander sold 1,000 shares of the firm's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $210.68, for a total value of $210,680.00. Following the transaction, the director now owns 5,465 shares in the company, valued at $1,151,366.20. The trade was a 15.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 99,537 shares of company stock worth $20,018,625. 9.70% of the stock is currently 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.