Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Raised by Schroder Investment Management Group

Schroder Investment Management Group grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,971,998 shares of the e-commerce giant's stock after purchasing an additional 1,451,859 shares during the quarter. Amazon.com makes up 2.9% of Schroder Investment Management Group's investment portfolio, making the stock its 5th largest holding. Schroder Investment Management Group owned 0.13% of Amazon.com worth $3,065,317,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in AMZN. Norges Bank bought a new position in Amazon.com during the fourth quarter valued at $27,266,582,000. Vanguard Group Inc. lifted its position in shares of Amazon.com by 2.2% during 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 buying an additional 17,635,391 shares during the last quarter. Proficio Capital Partners LLC grew its stake in shares of Amazon.com by 17,054.5% during the 4th quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant's stock worth $2,652,116,000 after acquiring an additional 12,018,120 shares during the period. Parnassus Investments LLC increased its holdings in Amazon.com by 82,457.3% in the 3rd quarter. Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant's stock worth $2,125,148,000 after acquiring an additional 11,391,479 shares during the last quarter. Finally, State Street Corp raised its stake in Amazon.com by 3.3% in the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock valued at $66,926,008,000 after acquiring an additional 11,370,309 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the completion of the sale, the chief executive officer now owns 509,474 shares of the company's stock, valued at $95,776,017.26. This trade represents a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Brian T. Olsavsky sold 14,620 shares of Amazon.com stock in a transaction on Friday, February 21st. The shares were sold at an average price of $223.14, for a total transaction of $3,262,306.80. Following the completion of the sale, the chief financial officer now owns 49,000 shares in the company, valued at approximately $10,933,860. This trade represents a 22.98 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,798 shares of company stock valued at $23,341,803 in the last 90 days. Insiders own 10.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Jefferies Financial Group cut their target price on shares of Amazon.com from $250.00 to $240.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Rosenblatt Securities boosted their target price on shares of Amazon.com from $236.00 to $287.00 and gave the company a "buy" rating in a report on Friday, February 7th. Mizuho cut their price target on Amazon.com from $285.00 to $255.00 and set an "outperform" rating for the company in a report on Wednesday, April 9th. Maxim Group boosted their price objective on Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, Citizens Jmp cut their target price on Amazon.com from $285.00 to $240.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Two research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company. According to MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and a consensus price target of $246.50.

Amazon.com Trading Up 3.1 %

Shares of NASDAQ AMZN traded up $5.78 during mid-day trading on Thursday, hitting $190.20. The stock had a trading volume of 71,774,152 shares, compared to its average volume of 41,799,753. The business has a 50 day moving average price of $191.39 and a two-hundred day moving average price of $207.74. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year 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. The firm has a market cap of $2.02 trillion, a P/E ratio of 34.39, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.