Triavera Capital LLC Acquires Shares of 69,765 Amazon.com, Inc. (NASDAQ:AMZN)

Triavera Capital LLC bought a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 69,765 shares of the e-commerce giant's stock, valued at approximately $15,306,000. Amazon.com makes up about 8.3% of Triavera Capital LLC's portfolio, making the stock its largest holding.

Other large investors also recently added to or reduced their stakes in the company. Prudent Man Investment Management Inc. bought a new stake in Amazon.com in the fourth quarter worth approximately $27,000. Accordant Advisory Group Inc lifted its stake in shares of Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Amazon.com in the fourth quarter worth $35,000. Perritt Capital Management Inc lifted its stake in shares of Amazon.com by 72.7% in 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 last quarter. Finally, Compass Planning Associates Inc acquired a new stake in shares of Amazon.com in the fourth quarter worth $51,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

Shares of AMZN traded down $1.77 during trading hours on Friday, hitting $203.93. The stock had a trading volume of 51,641,602 shares, compared to its average volume of 42,021,406. The company's fifty day moving average is $190.57 and its two-hundred day moving average is $208.63. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The stock has a market capitalization of $2.16 trillion, a price-to-earnings ratio of 36.88, a P/E/G ratio of 1.50 and a beta of 1.30.

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AMZN shares. Scotiabank reduced their price objective on shares of Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating for the company in a research note on Monday, April 21st. 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 note on Friday, May 2nd. Needham & Company LLC restated a "buy" rating and issued a $220.00 price objective on shares of Amazon.com in a research note on Friday, May 2nd. JPMorgan Chase & Co. boosted their price objective 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. Finally, Canaccord Genuity Group restated a "buy" rating on shares of Amazon.com in a research note on Thursday, February 13th. Four research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $244.09.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 20,923 shares of the firm's stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,211,799.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $190.67, for a total transaction of $476,675.00. Following the completion of the sale, the chief executive officer now owns 506,974 shares of the company's stock, valued at $96,664,732.58. The trade was a 0.49% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 99,537 shares of company stock worth $20,018,625. 9.70% of the stock is currently owned by corporate 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.