Mondrian Investment Partners LTD Has $23.29 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Mondrian Investment Partners LTD trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 79.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 106,140 shares of the e-commerce giant's stock after selling 414,900 shares during the period. Mondrian Investment Partners LTD's holdings in Amazon.com were worth $23,286,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AMZN. RPg Family Wealth Advisory LLC increased its holdings in Amazon.com by 2.8% in the 4th quarter. RPg Family Wealth Advisory LLC now owns 62,673 shares of the e-commerce giant's stock valued at $13,750,000 after purchasing an additional 1,736 shares in the last quarter. Balanced Wealth Group LLC raised its holdings in shares of Amazon.com by 1.6% during the 4th quarter. Balanced Wealth Group LLC now owns 2,966 shares of the e-commerce giant's stock valued at $705,000 after buying an additional 48 shares during the period. Madison Investment Advisors LLC purchased a new stake in shares of Amazon.com during the 4th quarter valued at about $162,660,000. JPL Wealth Management LLC acquired a new position in Amazon.com during the 4th quarter worth approximately $5,913,000. Finally, MGO Private Wealth LLC boosted its holdings in Amazon.com by 0.5% in the 4th quarter. MGO Private Wealth LLC now owns 11,667 shares of the e-commerce giant's stock worth $2,560,000 after acquiring an additional 60 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

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

Amazon.com Stock Up 2.1%

Shares of AMZN stock traded up $4.40 during trading hours on Tuesday, hitting $213.04. 21,839,991 shares of the company were exchanged, compared to its average volume of 41,782,684. The company has a market capitalization of $2.26 trillion, a PE ratio of 38.52, a PEG ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The business has a 50 day moving average of $188.50 and a two-hundred day moving average of $208.25. 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 EPS for the quarter, beating 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 return on equity of 24.25% and a net margin of 9.29%. The company's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.98 earnings per share. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent research reports. Citigroup reissued an "outperform" rating on shares of Amazon.com in a research report on Friday, May 2nd. HSBC raised their target price on Amazon.com from $225.00 to $270.00 and gave the company a "buy" rating in a research note on Monday, January 13th. JPMorgan Chase & Co. raised their price objective on Amazon.com from $220.00 to $225.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. Truist Financial cut their target price on Amazon.com from $265.00 to $230.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Finally, Citizens Jmp reduced their target price on Amazon.com from $285.00 to $240.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company's stock. According to MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average target price of $244.09.

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.