Helios Capital Management PTE. Ltd. Invests $5.35 Million in Amazon.com, Inc. (NASDAQ:AMZN)

Helios Capital Management PTE. Ltd. purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,200 shares of the e-commerce giant's stock, valued at approximately $5,348,000. Amazon.com accounts for approximately 4.2% of Helios Capital Management PTE. Ltd.'s portfolio, making the stock its 9th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Cherrydale Wealth Management LLC increased its holdings in shares of Amazon.com by 14.7% during the 4th quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant's stock worth $799,000 after purchasing an additional 675 shares during the period. Tompkins Financial Corp increased its stake in Amazon.com by 3.3% during the fourth quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant's stock valued at $10,875,000 after acquiring an additional 2,273 shares during the period. Nicholas Company Inc. raised its holdings in Amazon.com by 3.9% in the 3rd quarter. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant's stock valued at $89,628,000 after acquiring an additional 26,465 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of Amazon.com by 5.4% in the 4th quarter. Nordea Investment Management AB now owns 5,397,520 shares of the e-commerce giant's stock worth $825,065,000 after acquiring an additional 277,631 shares during the period. Finally, Foresight Capital Management Advisors Inc. acquired a new stake in shares of Amazon.com during the 4th quarter worth approximately $1,891,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the business's stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now owns 131,600 shares in the company, valued at approximately $24,214,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction on Monday, April 1st. The shares were sold at an average price of $180.73, for a total value of $632,555.00. Following the completion of the sale, the chief executive officer now owns 512,858 shares in the company, valued at $92,688,826.34. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the business's stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $184.00, for a total transaction of $92,000.00. Following the transaction, the chief executive officer now owns 131,600 shares in the company, valued at $24,214,400. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,214,010 shares of company stock worth $5,505,889,146. Corporate insiders own 10.80% of the company's stock.

Amazon.com Stock Down 3.3 %

Shares of AMZN traded down $5.96 on Tuesday, hitting $175.00. The company's stock had a trading volume of 90,560,359 shares, compared to its average volume of 43,545,918. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $1.82 trillion, a price-to-earnings ratio of 62.30, a P/E/G ratio of 1.55 and a beta of 1.17. The firm's fifty day moving average price is $178.22 and its 200-day moving average price is $159.32. Amazon.com, Inc. has a fifty-two week low of $101.15 and a fifty-two week high of $189.77.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.19. The company had revenue of $169.96 billion during the quarter, compared to analysts' expectations of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.21 earnings per share. On average, equities research analysts expect that Amazon.com, Inc. will post 4.11 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on AMZN shares. Susquehanna raised their target price on Amazon.com from $185.00 to $220.00 and gave the stock a "positive" rating in a research report on Friday, February 2nd. DA Davidson reiterated a "buy" rating and set a $235.00 target price on shares of Amazon.com in a research report on Thursday, April 18th. Sanford C. Bernstein upped their target price on shares of Amazon.com from $175.00 to $200.00 and gave the company an "outperform" rating in a research note on Friday, February 2nd. Truist Financial lifted their price objective on Amazon.com from $195.00 to $216.00 and gave the company a "buy" rating in a report on Wednesday, April 17th. Finally, Stifel Nicolaus increased their target price on Amazon.com from $200.00 to $224.00 and gave the stock a "buy" rating in a report on Tuesday, April 16th. One equities research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $205.13.

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.