Sava Infond d.o.o. Buys New Shares in Amazon.com, Inc. (NASDAQ:AMZN)

Sava Infond d.o.o. purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 113,960 shares of the e-commerce giant's stock, valued at approximately $25,002,000. Amazon.com makes up about 4.4% of Sava Infond d.o.o.'s portfolio, making the stock its 6th largest position.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Accordant Advisory Group Inc boosted its holdings in shares of Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after acquiring an additional 100 shares in the last quarter. Compass Planning Associates Inc acquired a new position in Amazon.com in the fourth quarter worth $51,000. Quattro Financial Advisors LLC grew its holdings in shares of Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after purchasing an additional 45 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at $54,000. Finally, Iron Horse Wealth Management LLC raised its holdings in shares of Amazon.com by 64.4% in the fourth quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant's stock valued at $63,000 after buying an additional 112 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AMZN has been the subject of a number of research analyst reports. Rosenblatt Securities boosted their target price on shares of Amazon.com from $236.00 to $287.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Mizuho lowered their target price on Amazon.com from $285.00 to $255.00 and set an "outperform" rating for the company in a research note on Wednesday, April 9th. Barclays upped their price target on Amazon.com from $235.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday, February 7th. Wolfe Research lifted their price target on shares of Amazon.com from $250.00 to $270.00 and gave the stock an "outperform" rating in a research report on Friday, January 3rd. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Two analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company's stock. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of "Moderate Buy" and an average target price of $246.50.

Insider Activity

In other news, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.00. Following the sale, the chief executive officer now directly owns 509,474 shares of the company's stock, valued at $95,776,017.26. This represents a 0.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the transaction, the chief executive officer now directly owns 2,118,886 shares of the company's stock, valued at approximately $467,532,195.90. This trade represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 104,798 shares of company stock valued at $23,341,803. Insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

Amazon.com stock traded up $5.28 during midday trading on Thursday, reaching $189.70. The stock had a trading volume of 13,902,199 shares, compared to its average volume of 41,569,011. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $2.01 trillion, a PE ratio of 34.22, a P/E/G ratio of 1.50 and a beta of 1.39. The firm's 50-day moving average price is $191.39 and its 200 day moving average price is $207.74.

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

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.