Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Vanderbilt University

Vanderbilt University boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,029 shares of the e-commerce giant's stock after purchasing an additional 1,518 shares during the period. Amazon.com comprises approximately 0.9% of Vanderbilt University's investment portfolio, making the stock its 21st biggest holding. Vanderbilt University's holdings in Amazon.com were worth $4,952,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Momentous Wealth Management Inc. purchased a new stake in Amazon.com in the 4th quarter worth approximately $749,000. Segall Bryant & Hamill LLC increased its holdings in Amazon.com by 14.3% in the fourth quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock valued at $69,572,000 after buying an additional 39,696 shares in the last quarter. Bearing Point Capital LLC purchased a new position in Amazon.com in the fourth quarter valued at $12,014,000. Evergreen Capital Management LLC increased its holdings in Amazon.com by 0.5% in the fourth 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. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Amazon.com by 173.6% in the fourth 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. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on AMZN shares. Wall Street Zen cut shares of Amazon.com from a "buy" rating to a "hold" rating in a report on Monday, May 5th. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a report on Tuesday, July 1st. Raymond James Financial reaffirmed an "outperform" rating and issued a $195.00 price objective (down previously from $275.00) on shares of Amazon.com in a report on Monday, April 21st. Bank of America lifted their price objective on shares of Amazon.com from $230.00 to $248.00 and gave the company a "buy" rating in a report on Monday, June 2nd. Finally, Rosenblatt Securities boosted their target price on shares of Amazon.com from $287.00 to $288.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Three analysts have rated the stock with a hold rating, forty-five have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of "Moderate Buy" and an average target price of $249.42.

Amazon.com Stock Up 1.2%

Shares of Amazon.com stock traded up $2.76 during trading hours on Friday, hitting $225.02. The company had a trading volume of 50,481,094 shares, compared to its average volume of 42,135,277. The company's 50-day moving average is $209.90 and its two-hundred day moving average is $208.63. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. 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 company has a market cap of $2.39 trillion, a P/E ratio of 36.65, a price-to-earnings-growth ratio of 1.69 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The business had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. During the same quarter in the prior year, the business posted $0.98 EPS. The company's revenue for the quarter was up 8.6% on a year-over-year basis. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,000,233.60. Following the completion of the transaction, the chief executive officer owned 2,148,694 shares in the company, valued at approximately $432,532,102.20. This represents a 0.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jeffrey P. Bezos sold 3,100,000 shares of the stock in a transaction on Friday, June 27th. The stock was sold at an average price of $221.42, for a total transaction of $686,402,000.00. Following the sale, the insider owned 905,679,901 shares of the company's stock, valued at approximately $200,535,643,679.42. This represents a 0.34% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,886,613 shares of company stock worth $1,531,840,610. 9.70% of the stock is currently owned by company insiders.

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.