Vanderbilt University Buys 1,518 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Vanderbilt University lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,029 shares of the e-commerce giant's stock after buying an additional 1,518 shares during the period. Amazon.com comprises 0.9% of Vanderbilt University's 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 filing with the SEC.

Several other hedge funds have also made changes to their positions in AMZN. Vanguard Group Inc. grew its holdings in Amazon.com by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after acquiring an additional 17,635,391 shares during the period. FMR LLC grew its holdings in shares of Amazon.com by 0.5% in the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock valued at $72,061,766,000 after buying an additional 1,725,664 shares during the period. Geode Capital Management LLC grew its holdings in shares of Amazon.com by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock valued at $44,837,256,000 after buying an additional 5,015,380 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Amazon.com by 2.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock valued at $40,107,544,000 after buying an additional 4,087,933 shares during the period. Finally, Norges Bank acquired a new position in shares of Amazon.com in the 4th quarter valued at $27,266,582,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN traded down $1.33 on Thursday, reaching $221.21. The company's stock had a trading volume of 9,711,329 shares, compared to its average volume of 41,952,743. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.84. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The stock has a market capitalization of $2.35 trillion, a P/E ratio of 35.99, a PEG ratio of 1.65 and a beta of 1.33. The stock's 50 day simple moving average is $208.56 and its two-hundred day simple moving average is $208.68.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share 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 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 earnings per share. The company's revenue for the quarter was up 8.6% on a year-over-year basis. Research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $202.41, for a total value of $2,746,703.70. Following the sale, the senior vice president owned 47,030 shares in the company, valued at approximately $9,519,342.30. The trade was a 22.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey P. Bezos sold 2,046,582 shares of the business's stock in a transaction on Monday, July 7th. The stock was sold at an average price of $223.92, for a total transaction of $458,270,641.44. Following the completion of the sale, the insider owned 902,480,530 shares in the company, valued at $202,083,440,277.60. This represents a 0.23% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,401,408 shares of company stock valued at $1,423,159,137 in the last three months. Corporate insiders own 9.70% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on AMZN shares. JMP Securities boosted their price target on shares of Amazon.com from $250.00 to $285.00 and gave the company a "market outperform" rating in a report on Thursday. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Amazon.com from $287.00 to $206.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Oppenheimer upped their target price on shares of Amazon.com from $215.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, June 20th. Sanford C. Bernstein set a $235.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a research note on Tuesday, July 1st. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and issued a $235.00 target price on shares of Amazon.com in a research note on Thursday. Three investment analysts have rated the stock with a hold rating, forty-six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $247.12.

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.