Universal Beteiligungs und Servicegesellschaft mbH Makes New $2.04 Billion Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,289,226 shares of the e-commerce giant's stock, valued at approximately $2,037,963,000. Amazon.com accounts for about 4.0% of Universal Beteiligungs und Servicegesellschaft mbH's portfolio, making the stock its 4th biggest holding. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.09% of Amazon.com at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Tallon Kerry Patrick acquired a new position in shares of Amazon.com in the 4th quarter valued at $800,000. Capital & Planning LLC lifted its stake in Amazon.com by 72.1% in the fourth quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant's stock valued at $856,000 after buying an additional 1,635 shares during the period. LaFleur & Godfrey LLC lifted its stake in Amazon.com by 1.8% in the fourth quarter. LaFleur & Godfrey LLC now owns 49,407 shares of the e-commerce giant's stock valued at $10,839,000 after buying an additional 860 shares during the period. Reliant Investment Management LLC raised its position in shares of Amazon.com by 1.8% in the 4th quarter. Reliant Investment Management LLC now owns 35,424 shares of the e-commerce giant's stock valued at $7,772,000 after acquiring an additional 622 shares during the period. Finally, ARS Investment Partners LLC raised its position in shares of Amazon.com by 1.6% in the 4th quarter. ARS Investment Partners LLC now owns 201,970 shares of the e-commerce giant's stock valued at $44,310,000 after acquiring an additional 3,178 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Amazon.com news, Director Keith Brian Alexander sold 1,000 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $210.68, for a total transaction of $210,680.00. Following the transaction, the director now owns 5,465 shares in the company, valued at $1,151,366.20. This represents a 15.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Matthew S. Garman sold 20,923 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total value of $4,211,799.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,037 shares of company stock valued at $20,531,075. 9.70% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on AMZN shares. Bank of America increased their price target on shares of Amazon.com from $230.00 to $248.00 and gave the company a "buy" rating in a research report on Monday, June 2nd. Piper Sandler reiterated an "overweight" rating and issued a $212.00 target price (down from $215.00) on shares of Amazon.com in a report on Friday, May 2nd. Scotiabank dropped their price objective on Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating on the stock in a research note on Monday, April 21st. Raymond James reaffirmed an "outperform" rating and set a $195.00 price objective (down previously from $275.00) on shares of Amazon.com in a research note on Monday, April 21st. Finally, Wedbush reaffirmed an "outperform" rating and set a $235.00 price target (up previously from $225.00) on shares of Amazon.com 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 data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $244.89.

Amazon.com Stock Up 2.7%

Amazon.com stock opened at $213.57 on Friday. The company's 50-day moving average is $191.84 and its 200-day moving average is $208.71. The firm has a market capitalization of $2.27 trillion, a PE ratio of 38.62, a P/E/G ratio of 1.50 and a beta of 1.33. 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 fifty-two week low of $151.61 and a fifty-two week high of $242.52.

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

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.

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