Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Triumph Capital Management

Triumph Capital Management boosted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 12.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,516 shares of the e-commerce giant's stock after purchasing an additional 1,342 shares during the period. Amazon.com comprises 0.9% of Triumph Capital Management's portfolio, making the stock its 23rd biggest holding. Triumph Capital Management's holdings in Amazon.com were worth $2,746,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Regent Peak Wealth Advisors LLC boosted its holdings in Amazon.com by 0.7% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 45,153 shares of the e-commerce giant's stock worth $9,906,000 after buying an additional 318 shares during the period. Tallon Kerry Patrick bought a new stake in Amazon.com during the fourth quarter valued at about $800,000. Decker Retirement Planning Inc. purchased a new position in shares of Amazon.com in the fourth quarter valued at about $1,503,000. KMG Fiduciary Partners LLC boosted its stake in shares of Amazon.com by 1.0% in the fourth quarter. KMG Fiduciary Partners LLC now owns 175,670 shares of the e-commerce giant's stock worth $38,540,000 after acquiring an additional 1,817 shares during the period. Finally, Capital & Planning LLC boosted its stake in shares of Amazon.com by 72.1% in the fourth quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant's stock worth $856,000 after acquiring an additional 1,635 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $190.67, for a total transaction of $476,675.00. Following the transaction, the chief executive officer now directly owns 506,974 shares in the company, valued at $96,664,732.58. The trade was a 0.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Shelley Reynolds sold 2,695 shares of the business's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total value of $541,129.05. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $24,050,626.20. This trade represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 99,537 shares of company stock valued at $20,018,625 in the last 90 days. Insiders own 9.70% of the company's stock.

Amazon.com Stock Down 0.9%

AMZN traded down $1.77 on Friday, hitting $203.93. The company had a trading volume of 51,641,602 shares, compared to its average volume of 42,021,406. 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. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The stock has a fifty day moving average price of $190.57 and a 200-day moving average price of $208.66. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52.

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, topping analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. 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 firm earned $0.98 EPS. The company's quarterly revenue was up 8.6% compared to the same quarter last year. Analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of research analyst reports. DA Davidson lowered their price target on Amazon.com from $280.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Citigroup reissued an "outperform" rating on shares of Amazon.com in a report on Friday, May 2nd. Needham & Company LLC reissued a "buy" rating and issued a $220.00 price target on shares of Amazon.com in a report on Friday, May 2nd. Maxim Group boosted their price target on Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Finally, Mizuho lowered 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. Four research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $244.09.

Amazon.com 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.