Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 156,407 shares of the e-commerce giant's stock after selling 19,395 shares during the period. Amazon.com comprises about 1.6% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD's holdings, making the stock its 15th biggest holding. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD's holdings in Amazon.com were worth $23,745,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in AMZN. State Street Corp raised its position in Amazon.com by 1,869.1% during the second quarter. State Street Corp now owns 326,727,487 shares of the e-commerce giant's stock worth $34,701,726,000 after acquiring an additional 310,134,486 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Amazon.com by 1,838.8% in the second quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant's stock valued at $33,134,481,000 after buying an additional 295,880,050 shares during the last quarter. FMR LLC raised its position in shares of Amazon.com by 1,792.4% in the second quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant's stock valued at $30,381,089,000 after buying an additional 270,931,640 shares during the last quarter. Moneta Group Investment Advisors LLC raised its position in shares of Amazon.com by 120,235.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 116,480,298 shares of the e-commerce giant's stock valued at $9,784,345,000 after buying an additional 116,383,502 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Amazon.com in the fourth quarter valued at about $8,263,591,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on AMZN shares. Evercore ISI increased their target price on shares of Amazon.com from $195.00 to $220.00 and gave the company an "outperform" rating in a research report on Friday, February 2nd. DA Davidson reiterated a "buy" rating and issued a $235.00 target price on shares of Amazon.com in a research report on Thursday. Wedbush reissued an "outperform" rating and issued a $220.00 price objective on shares of Amazon.com in a report on Wednesday, April 10th. Robert W. Baird upped their price objective on shares of Amazon.com from $185.00 to $205.00 and gave the company an "outperform" rating in a report on Friday, February 2nd. Finally, Benchmark upped their price objective on shares of Amazon.com from $175.00 to $200.00 and gave the company a "buy" rating in a report on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $202.80.

Insider Activity at Amazon.com

In related news, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total value of $523,807.00. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at approximately $20,239,226.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Amazon.com news, SVP David Zapolsky sold 10,920 shares of the business's stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $169.21, for a total transaction of $1,847,773.20. Following the sale, the senior vice president now directly owns 59,100 shares in the company, valued at approximately $10,000,311. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 3,100 shares of the business's stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction of $523,807.00. Following the sale, the vice president now owns 119,780 shares in the company, valued at $20,239,226.60. The disclosure for this sale can be found here. Insiders have sold a total of 32,213,510 shares of company stock worth $5,505,798,456 in the last three months. Insiders own 12.30% of the company's stock.

Amazon.com Stock Performance

Shares of Amazon.com stock traded down $4.59 during trading on Friday, reaching $174.63. The company's stock had a trading volume of 56,000,729 shares, compared to its average volume of 33,446,458. The company has a 50-day moving average price of $177.28 and a two-hundred day moving average price of $157.06. The firm has a market cap of $1.82 trillion, a PE ratio of 60.22, a P/E/G ratio of 1.56 and a beta of 1.16. Amazon.com, Inc. has a fifty-two week low of $101.15 and a fifty-two week high of $189.77. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business had revenue of $169.96 billion for the quarter, compared to analysts' expectations of $165.96 billion. During the same period in the previous year, the company posted $0.21 EPS. The company's quarterly revenue was up 13.9% on a year-over-year basis. On average, analysts forecast that Amazon.com, Inc. will post 4.1 EPS for the current year.

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.