Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Qtron Investments LLC

Qtron Investments LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 113,953 shares of the e-commerce giant's stock after selling 2,165 shares during the quarter. Amazon.com makes up 3.5% of Qtron Investments LLC's investment portfolio, making the stock its 4th largest holding. Qtron Investments LLC's holdings in Amazon.com were worth $25,000,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $27,266,582,000. Vanguard Group Inc. grew its stake in shares of Amazon.com by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock valued at $180,637,081,000 after purchasing an additional 17,635,391 shares during the last quarter. Proficio Capital Partners LLC raised its holdings in Amazon.com by 17,054.5% during the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant's stock worth $2,652,116,000 after purchasing an additional 12,018,120 shares in the last quarter. State Street Corp boosted its position in shares of Amazon.com by 3.3% during the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock worth $66,926,008,000 after purchasing an additional 11,370,309 shares in the last quarter. Finally, APG Asset Management N.V. increased its stake in Amazon.com by 1,782.4% in the 4th quarter. APG Asset Management N.V. now owns 7,269,638 shares of the e-commerce giant's stock valued at $1,540,208,000 after purchasing an additional 6,883,447 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Up 0.5 %

AMZN traded up $0.98 during trading on Friday, hitting $193.06. 29,609,499 shares of the company's stock traded hands, compared to its average volume of 41,721,953. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The stock has a market capitalization of $2.05 trillion, a price-to-earnings ratio of 34.91, a PEG ratio of 1.50 and a beta of 1.30. The company's 50 day simple moving average is $188.50 and its two-hundred day simple moving average is $207.95.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The firm had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. During the same period last year, the firm earned $0.98 EPS. The company's revenue was up 8.6% on a year-over-year basis. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on AMZN. UBS Group restated a "buy" rating on shares of Amazon.com in a report on Tuesday. Royal Bank of Canada lowered their target price on shares of Amazon.com from $235.00 to $230.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd. Evercore ISI reduced their price target on Amazon.com from $270.00 to $260.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. StockNews.com downgraded Amazon.com from a "buy" rating to a "hold" rating in a research report on Monday, May 5th. Finally, Jefferies Financial Group decreased their price target on Amazon.com from $250.00 to $240.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and a consensus price target of $244.09.

Insider Activity

In other news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now owns 497,067 shares of the company's stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP David Zapolsky sold 5,848 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $220.72, for a total value of $1,290,770.56. Following the completion of the transaction, the senior vice president now owns 69,162 shares of the company's stock, valued at $15,265,436.64. This trade represents a 7.80 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 107,298 shares of company stock valued at $23,818,478. 9.70% of the stock is currently owned by company insiders.

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.