Fmr LLC Has $72.06 Billion Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

FMR LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 328,464,225 shares of the e-commerce giant's stock after acquiring an additional 1,725,664 shares during the period. Amazon.com accounts for about 4.3% of FMR LLC's holdings, making the stock its 5th largest position. FMR LLC owned about 3.12% of Amazon.com worth $72,061,766,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in AMZN. Accordant Advisory Group Inc lifted its position in shares of Amazon.com by 400.0% during the 4th 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 during the last quarter. Prudent Man Investment Management Inc. bought a new position in Amazon.com in the 4th quarter worth approximately $27,000. Perritt Capital Management Inc lifted its holdings 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 buying an additional 80 shares during the last quarter. Quattro Financial Advisors LLC boosted its position in shares of Amazon.com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after acquiring an additional 45 shares during the period. Finally, Compass Planning Associates Inc acquired a new stake in shares of Amazon.com in the fourth quarter worth $51,000. 72.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on AMZN shares. Cantor Fitzgerald upped their target price on shares of Amazon.com from $230.00 to $240.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. 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 report on Monday, April 21st. UBS Group reissued a "buy" rating on shares of Amazon.com in a research report on Tuesday. Morgan Stanley cut their price target on Amazon.com from $280.00 to $245.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Finally, Phillip Securities downgraded Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report 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. According to data from MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average price target of $244.09.

Amazon.com Stock Up 2.0 %

NASDAQ:AMZN traded up $3.70 on Wednesday, hitting $188.71. 43,929,015 shares of the company's stock were exchanged, compared to its average volume of 41,656,015. The company has a market cap of $2.00 trillion, a P/E ratio of 34.12, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The firm has a 50-day moving average price of $189.45 and a 200-day moving average price of $207.88. 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 52 week low of $151.61 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The business's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.98 earnings per share. As a group, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, SVP David Zapolsky sold 5,848 shares of Amazon.com stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.72, for a total transaction of $1,290,770.56. Following the completion of the transaction, the senior vice president now owns 69,162 shares in the company, valued at approximately $15,265,436.64. This trade represents a 7.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the transaction, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.09. This trade represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 107,298 shares of company stock valued at $23,818,478. 9.70% of the stock is owned by corporate insiders.

Amazon.com Company 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.