3,081 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Bought by Moment Partners LLC

Moment Partners LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,081 shares of the e-commerce giant's stock, valued at approximately $676,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake 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 valued at $180,637,081,000 after purchasing an additional 17,635,391 shares during the last quarter. State Street Corp boosted its position 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. Geode Capital Management LLC boosted its position in Amazon.com by 3.4% in 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 during the last quarter. Bank of New York Mellon Corp increased its holdings in Amazon.com by 0.8% in the 4th quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant's stock worth $14,719,407,000 after buying an additional 545,292 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Amazon.com by 4.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 59,638,207 shares of the e-commerce giant's stock worth $13,084,026,000 after buying an additional 2,330,113 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Oppenheimer reduced their target price on shares of Amazon.com from $260.00 to $220.00 and set an "outperform" rating for the company in a report on Monday. Stifel Nicolaus cut their target price on shares of Amazon.com from $275.00 to $248.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. DA Davidson decreased their price objective on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Wells Fargo & Company reduced their price target on Amazon.com from $207.00 to $203.00 and set an "equal weight" rating for the company in a report on Tuesday, February 25th. Finally, Telsey Advisory Group reduced their target price on Amazon.com from $275.00 to $235.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Two equities research analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the company. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average price target of $246.50.

Insider Activity

In related news, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. The trade was a 6.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.00. Following the completion of the sale, the chief executive officer now owns 509,474 shares of the company's stock, valued at approximately $95,776,017.26. This represents a 0.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock valued at $23,341,803 in the last three months. Corporate insiders own 10.80% of the company's stock.

Amazon.com Trading Up 2.9 %

Shares of NASDAQ AMZN traded up $5.28 during midday trading on Thursday, reaching $189.70. 13,902,199 shares of the stock were exchanged, compared to its average volume of 41,569,011. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $2.01 trillion, a P/E ratio of 34.22, a P/E/G ratio of 1.50 and a beta of 1.39. The stock has a 50 day moving average price of $191.39 and a 200-day moving average price of $207.74. 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 posted its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share 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.