9,654 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Bought by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,654 shares of the e-commerce giant's stock, valued at approximately $1,467,000.

A number of other hedge funds also recently added to or reduced their stakes in AMZN. PayPay Securities Corp raised its holdings in shares of Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant's stock worth $34,000 after acquiring an additional 94 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. raised its stake 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 valued at $42,000 after purchasing an additional 86 shares during the last quarter. Strid Group LLC purchased a new position in Amazon.com in the 4th quarter valued at about $43,000. Harbor Investment Advisory LLC boosted its stake in shares of Amazon.com by 0.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant's stock worth $46,000 after purchasing an additional 1,988 shares during the last quarter. Finally, Authentikos Wealth Advisory LLC purchased a new stake in shares of Amazon.com during the third quarter worth about $49,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

NASDAQ:AMZN traded up $1.07 during mid-day trading on Friday, reaching $184.70. 33,149,168 shares of the stock were exchanged, compared to its average volume of 43,640,305. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The business has a fifty day moving average price of $181.16 and a 200 day moving average price of $164.13. Amazon.com, Inc. has a 1-year low of $113.78 and a 1-year high of $191.70. The firm has a market capitalization of $1.92 trillion, a PE ratio of 51.69, a PEG ratio of 1.34 and a beta of 1.15.

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

Analyst Upgrades and Downgrades

AMZN has been the topic of several analyst reports. Citigroup raised their price objective on Amazon.com from $235.00 to $245.00 and gave the stock a "buy" rating in a report on Wednesday, May 1st. BMO Capital Markets increased their price target on shares of Amazon.com from $215.00 to $220.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 1st. Bank of America boosted their price objective 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. Wolfe Research increased their target price on Amazon.com from $195.00 to $205.00 and gave the stock an "outperform" rating in a research report on Friday, February 2nd. Finally, JMP Securities reissued a "market outperform" rating and set a $225.00 price target on shares of Amazon.com in a research report on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $211.62.

Insider Buying and Selling at Amazon.com

In related news, Director Jonathan Rubinstein sold 5,264 shares of Amazon.com stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $190.00, for a total value of $1,000,160.00. Following the transaction, the director now directly owns 104,400 shares in the company, valued at approximately $19,836,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction of $90,000.00. Following the transaction, the chief executive officer now directly owns 132,600 shares in the company, valued at approximately $23,868,000. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jonathan Rubinstein sold 5,264 shares of the stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $190.00, for a total value of $1,000,160.00. Following the completion of the sale, the director now owns 104,400 shares of the company's stock, valued at approximately $19,836,000. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,132,396 shares of company stock valued at $356,770,280. Corporate insiders own 10.80% of the company's stock.

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.