Parametrica Management Ltd Has $3.42 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Parametrica Management Ltd lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 47.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 15,565 shares of the e-commerce giant's stock after buying an additional 5,036 shares during the quarter. Amazon.com makes up 4.5% of Parametrica Management Ltd's portfolio, making the stock its 5th biggest position. Parametrica Management Ltd's holdings in Amazon.com were worth $3,415,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Cable Hill Partners LLC increased its stake in Amazon.com by 0.5% during the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock valued at $2,104,000 after purchasing an additional 44 shares in the last quarter. Quattro Financial Advisors LLC raised its stake in Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after acquiring an additional 45 shares during the period. Northern Capital Management Inc. lifted its stake in shares of Amazon.com by 0.6% during the 4th quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant's stock valued at $1,613,000 after buying an additional 45 shares in the last quarter. White Wing Wealth Management boosted its holdings in shares of Amazon.com by 2.4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock worth $433,000 after acquiring an additional 47 shares during the period. Finally, MBM Wealth Consultants LLC grew its holdings in Amazon.com by 0.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock valued at $1,889,000 after buying an additional 48 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

Shares of NASDAQ AMZN traded down $2.97 during trading on Wednesday, hitting $184.42. The company had a trading volume of 54,401,626 shares, compared to its average volume of 41,672,387. The business's 50-day moving average is $191.39 and its 200 day moving average is $207.74. The company has a market cap of $1.96 trillion, a P/E ratio of 33.35, a PEG ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Westpark Capital began coverage on Amazon.com in a report on Tuesday, April 1st. They issued a "buy" rating and a $280.00 price target on the stock. Rosenblatt Securities raised their target price on shares of Amazon.com from $236.00 to $287.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Morgan Stanley dropped their price target on Amazon.com from $280.00 to $245.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Maxim Group increased their target price on Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Finally, Wedbush reissued an "outperform" rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $246.50.

Insider Activity

In other news, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the sale, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shelley Reynolds sold 8,833 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. This trade represents a 6.87 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 104,798 shares of company stock worth $23,341,803. Insiders own 10.80% of the company's stock.

Amazon.com 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.