76,500 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Acquired by Lynwood Price Capital Management LP

Lynwood Price Capital Management LP purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 76,500 shares of the e-commerce giant's stock, valued at approximately $16,783,000. Amazon.com accounts for about 11.6% of Lynwood Price Capital Management LP's holdings, making the stock its largest position.

Several other large investors also recently modified their holdings of AMZN. Norges Bank acquired a new position in Amazon.com during the 4th quarter worth $27,266,582,000. Vanguard Group Inc. lifted its position in shares of Amazon.com by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after purchasing an additional 17,635,391 shares during the last quarter. Proficio Capital Partners LLC grew its stake in Amazon.com by 17,054.5% in the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant's stock worth $2,652,116,000 after purchasing an additional 12,018,120 shares in the last quarter. State Street Corp increased its holdings in Amazon.com by 3.3% in the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock valued at $66,926,008,000 after buying an additional 11,370,309 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Amazon.com by 3.4% during the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant's stock valued at $37,116,341,000 after buying an additional 6,545,944 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com

In other news, SVP David Zapolsky sold 5,848 shares of Amazon.com stock in a transaction on 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 transaction, the senior vice president now owns 69,162 shares in the company, valued at approximately $15,265,436.64. The trade was a 7.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the firm's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the sale, the chief executive officer now owns 497,067 shares of the company's stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 107,298 shares of company stock valued at $23,818,478 over the last ninety days. Corporate insiders own 9.70% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AMZN. UBS Group reiterated a "buy" rating on shares of Amazon.com in a report on Tuesday. Loop Capital boosted their target price on shares of Amazon.com from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Wednesday, February 12th. Phillip Securities downgraded shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, February 10th. Truist Financial decreased their price target on shares of Amazon.com from $265.00 to $230.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Finally, Westpark Capital reiterated a "buy" rating and set a $280.00 price objective on shares of Amazon.com in a research note on Friday. Four investment analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $244.09.

Amazon.com Price Performance

Shares of AMZN traded down $1.34 during trading hours on Tuesday, hitting $185.01. 28,305,174 shares of the company were exchanged, compared to its average volume of 41,616,201. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The company has a market capitalization of $1.96 trillion, a PE ratio of 33.46, a PEG ratio of 1.50 and a beta of 1.30. The firm has a fifty day simple moving average of $189.92 and a 200-day simple moving average of $208.04. Amazon.com, Inc. has a one year low of $151.61 and a one year 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 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The firm had revenue of $155.67 billion for the quarter, compared to analysts' expectations of $154.96 billion. During the same quarter last year, the business posted $0.98 EPS. Amazon.com's revenue was up 8.6% on a year-over-year basis. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current 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.