Amazon.com, Inc. (NASDAQ:AMZN) is Westwood Management Corp IL's 4th Largest Position

Westwood Management Corp IL lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 66.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 161,360 shares of the e-commerce giant's stock after selling 326,700 shares during the period. Amazon.com makes up about 9.1% of Westwood Management Corp IL's holdings, making the stock its 4th biggest position. Westwood Management Corp IL's holdings in Amazon.com were worth $24,517,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. PayPay Securities Corp lifted its stake in shares of Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant's stock valued at $34,000 after acquiring an additional 94 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Amazon.com by 45.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant's stock worth $42,000 after buying an additional 86 shares during the period. Harbor Investment Advisory LLC grew its position in shares of Amazon.com by 0.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant's stock worth $46,000 after buying an additional 1,988 shares during the last quarter. Authentikos Wealth Advisory LLC purchased a new position in shares of Amazon.com during the third quarter valued at approximately $49,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in Amazon.com in the fourth quarter worth $57,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total transaction of $90,690.00. Following the sale, the chief executive officer now owns 130,600 shares in the company, valued at $23,688,228. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Amazon.com news, CEO Douglas J. Herrington sold 20,200 shares of Amazon.com stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total value of $3,433,798.00. Following the completion of the transaction, the chief executive officer now directly owns 514,131 shares of the company's stock, valued at approximately $87,397,128.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Adam Selipsky sold 500 shares of the firm's stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $181.38, for a total value of $90,690.00. Following the completion of the sale, the chief executive officer now owns 130,600 shares of the company's stock, valued at $23,688,228. The disclosure for this sale can be found here. Insiders sold 32,214,010 shares of company stock worth $5,505,889,146 in the last three months. 10.30% of the stock is owned by company insiders.

Amazon.com Price Performance

Shares of AMZN stock traded up $4.00 on Wednesday, hitting $179.00. 93,355,877 shares of the stock traded hands, compared to its average volume of 44,190,461. The firm has a market cap of $1.86 trillion, a price-to-earnings ratio of 63.08, a PEG ratio of 1.57 and a beta of 1.16. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The firm has a 50 day simple moving average of $178.38 and a two-hundred day simple moving average of $159.64. Amazon.com, Inc. has a 52 week low of $101.15 and a 52 week high of $189.77.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.15. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business had revenue of $143.31 billion for the quarter, compared to analysts' expectations of $142.65 billion. During the same period last year, the firm earned $0.31 earnings per share. The business's quarterly revenue was up 12.5% on a year-over-year basis. As a group, equities research analysts predict that Amazon.com, Inc. will post 4.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. JMP Securities restated a "market outperform" rating and issued a $225.00 price objective on shares of Amazon.com in a report on Wednesday. Susquehanna increased 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. UBS Group upped their price target on Amazon.com from $215.00 to $217.00 and gave the stock a "buy" rating in a research note on Wednesday. Bank of America raised their target price on shares of Amazon.com from $185.00 to $204.00 and gave the company a "buy" rating in a research note on Friday, February 2nd. Finally, Stifel Nicolaus upped their price target on Amazon.com from $224.00 to $228.00 and gave the stock a "buy" rating in a research note on Wednesday. One research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Amazon.com presently has a consensus rating of "Buy" and an average price target of $210.18.

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.