Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Vienna Asset Management LLC

Vienna Asset Management LLC decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 19.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,911 shares of the e-commerce giant's stock after selling 4,371 shares during the quarter. Amazon.com accounts for approximately 2.7% of Vienna Asset Management LLC's investment portfolio, making the stock its 14th largest holding. Vienna Asset Management LLC's holdings in Amazon.com were worth $3,929,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Prudent Man Investment Management Inc. purchased a new stake in shares of Amazon.com in the fourth quarter valued at approximately $27,000. Accordant Advisory Group Inc increased its position in shares of Amazon.com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after purchasing an additional 100 shares in the last quarter. LSV Asset Management purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $35,000. Perritt Capital Management Inc increased its position in shares of Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after purchasing an additional 80 shares in the last quarter. Finally, Compass Planning Associates Inc acquired a new position in Amazon.com during the fourth quarter worth $51,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 6,843 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $200.77, for a total transaction of $1,373,869.11. Following the transaction, the chief executive officer now owns 519,550 shares in the company, valued at $104,310,053.50. This trade represents a 1.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $202.41, for a total value of $2,746,703.70. Following the transaction, the senior vice president now owns 47,030 shares in the company, valued at $9,519,342.30. This represents a 22.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 99,537 shares of company stock worth $20,018,625 in the last quarter. 9.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Cantor Fitzgerald boosted their price objective on Amazon.com from $230.00 to $240.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. JMP Securities reissued a "market outperform" rating on shares of Amazon.com in a research note on Tuesday, May 6th. Maxim Group upped their price target on Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Raymond James reaffirmed an "outperform" rating and issued a $195.00 price target (down previously from $275.00) on shares of Amazon.com in a research note on Monday, April 21st. Finally, Loop Capital upped their price target on Amazon.com from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Wednesday, February 12th. Four research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company's stock. According to MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and an average price target of $244.57.

Amazon.com Stock Up 0.8%

Shares of NASDAQ AMZN traded up $1.64 during midday trading on Monday, hitting $206.65. 29,034,623 shares of the company's stock were exchanged, compared to its average volume of 41,968,820. 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 twelve month low of $151.61 and a twelve month high of $242.52. The company has a market cap of $2.19 trillion, a PE ratio of 37.37, a P/E/G ratio of 1.50 and a beta of 1.30. The firm's fifty day simple moving average is $190.57 and its 200-day simple moving average is $208.61.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results 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. 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 firm's quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.98 EPS. Research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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.