Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Syon Capital LLC

Syon Capital LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 82.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,708 shares of the e-commerce giant's stock after purchasing an additional 25,145 shares during the period. Amazon.com accounts for about 0.6% of Syon Capital LLC's portfolio, making the stock its 29th largest position. Syon Capital LLC's holdings in Amazon.com were worth $8,464,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Socha Financial Group LLC increased its stake in Amazon.com by 3.3% in the fourth quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant's stock valued at $303,000 after purchasing an additional 63 shares in the last quarter. Lake Hills Wealth Management LLC lifted its position in shares of Amazon.com by 0.8% during the 4th quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant's stock worth $1,213,000 after buying an additional 65 shares in the last quarter. Veery Capital LLC boosted its stake in shares of Amazon.com by 1.1% in the 4th quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant's stock worth $895,000 after buying an additional 66 shares during the last quarter. Bellwether Advisors LLC grew its holdings in shares of Amazon.com by 2.3% in the fourth quarter. Bellwether Advisors LLC now owns 2,936 shares of the e-commerce giant's stock valued at $446,000 after acquiring an additional 66 shares in the last quarter. Finally, StrategIQ Financial Group LLC increased its position in shares of Amazon.com by 0.3% during the fourth quarter. StrategIQ Financial Group LLC now owns 23,259 shares of the e-commerce giant's stock valued at $3,534,000 after acquiring an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the business's stock in a transaction that occurred 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 completion of the sale, the vice president now directly owns 119,780 shares of the company's stock, valued at approximately $20,239,226.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, VP Shelley Reynolds sold 3,100 shares of the business's stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total transaction of $523,807.00. Following the completion of 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonathan Rubinstein sold 5,264 shares of the stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $190.00, for a total transaction of $1,000,160.00. Following the completion of the transaction, the director now directly owns 104,400 shares in the company, valued at approximately $19,836,000. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,181,245 shares of company stock worth $1,380,028,066. Insiders own 10.80% of the company's stock.

Amazon.com Stock Down 1.3 %

Shares of NASDAQ AMZN traded down $2.36 during trading hours on Thursday, hitting $183.63. The company had a trading volume of 38,133,027 shares, compared to its average volume of 43,748,641. The stock has a market capitalization of $1.91 trillion, a P/E ratio of 51.49, a price-to-earnings-growth ratio of 1.35 and a beta of 1.15. The firm's 50 day moving average is $181.02 and its 200-day moving average is $164.00. Amazon.com, Inc. has a 1-year low of $113.78 and a 1-year high of $191.70. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm had revenue of $143.31 billion for the quarter, compared to analysts' expectations of $142.65 billion. During the same quarter last year, the business earned $0.31 EPS. The company's quarterly revenue was up 12.5% compared to the same quarter last year. On average, analysts expect that Amazon.com, Inc. will post 4.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on AMZN. 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. JPMorgan Chase & Co. boosted their price objective on Amazon.com from $225.00 to $240.00 and gave the company an "overweight" rating in a research note on Wednesday, May 1st. Needham & Company LLC reaffirmed a "buy" rating and set a $205.00 target price on shares of Amazon.com in a report on Wednesday. Robert W. Baird increased their price target on shares of Amazon.com from $205.00 to $210.00 and gave the stock an "outperform" rating in a report on Wednesday, May 1st. Finally, Morgan Stanley upped their target price on shares of Amazon.com from $215.00 to $220.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of "Buy" and an average price target of $211.62.

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.