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

Vivaldi Capital Management LP lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 19.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,605 shares of the e-commerce giant's stock after purchasing an additional 3,230 shares during the quarter. Vivaldi Capital Management LP's holdings in Amazon.com were worth $4,616,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Cable Hill Partners LLC grew its stake in shares of Amazon.com by 0.5% during the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock worth $2,104,000 after purchasing an additional 44 shares during the period. Quattro Financial Advisors LLC grew its position in Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after buying an additional 45 shares during the period. Northern Capital Management Inc. grew its position in Amazon.com by 0.6% during the fourth quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant's stock valued at $1,613,000 after buying an additional 45 shares during the period. White Wing Wealth Management raised its position in shares of Amazon.com by 2.4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock worth $433,000 after acquiring an additional 47 shares during the period. Finally, MBM Wealth Consultants LLC raised its position in shares of Amazon.com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock worth $1,889,000 after acquiring an additional 48 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $202.41, for a total transaction of $2,746,703.70. Following the sale, the senior vice president now directly owns 47,030 shares in the company, valued at $9,519,342.30. This represents a 22.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total value of $4,000,233.60. Following the transaction, the chief executive officer now directly owns 2,148,694 shares of the company's stock, valued at approximately $432,532,102.20. This represents a 0.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 99,537 shares of company stock worth $20,018,625 over the last three months. Company insiders own 9.70% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on AMZN. Citigroup reiterated an "outperform" rating on shares of Amazon.com in a research report on Friday, May 2nd. Evercore ISI decreased their price objective on shares of Amazon.com from $270.00 to $260.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Piper Sandler reiterated an "overweight" rating and issued a $212.00 price objective (down previously from $215.00) on shares of Amazon.com in a research report on Friday, May 2nd. Wall Street Zen downgraded shares of Amazon.com from a "buy" rating to a "hold" rating in a research report on Monday, May 5th. Finally, Phillip Securities lowered shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, February 10th. 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. Based on data from MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and a consensus price target of $244.57.

Amazon.com Trading Up 0.8%

AMZN traded up $1.64 on Monday, hitting $206.65. The company had a trading volume of 29,034,623 shares, compared to its average volume of 41,968,820. The firm has a market cap of $2.19 trillion, a P/E ratio of 37.37, a PEG ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The company's fifty day moving average price is $190.57 and its 200 day moving average price is $208.61. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. The company had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.98 earnings per share. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.