Transatlantique Private Wealth LLC Has $5.21 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Transatlantique Private Wealth LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,766 shares of the e-commerce giant's stock after acquiring an additional 1,270 shares during the period. Amazon.com comprises approximately 2.0% of Transatlantique Private Wealth LLC's portfolio, making the stock its 8th biggest holding. Transatlantique Private Wealth LLC's holdings in Amazon.com were worth $5,214,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of AMZN. Tradition Wealth Management LLC increased its position in Amazon.com by 3.9% in the fourth quarter. Tradition Wealth Management LLC now owns 57,758 shares of the e-commerce giant's stock worth $12,671,000 after buying an additional 2,188 shares during the last quarter. Transce3nd LLC purchased a new stake in Amazon.com in the fourth quarter worth $1,500,000. Trajan Wealth LLC increased its position in Amazon.com by 6.0% in the fourth quarter. Trajan Wealth LLC now owns 194,896 shares of the e-commerce giant's stock worth $42,758,000 after buying an additional 11,105 shares during the last quarter. Seaview Investment Managers LLC increased its position in Amazon.com by 8.2% in the fourth quarter. Seaview Investment Managers LLC now owns 58,350 shares of the e-commerce giant's stock worth $12,801,000 after buying an additional 4,404 shares during the last quarter. Finally, Sharpepoint LLC purchased a new stake in Amazon.com in the fourth quarter worth $4,764,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

AMZN opened at $205.17 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The company has a 50 day moving average of $189.15 and a two-hundred day moving average of $208.40. The company has a market cap of $2.18 trillion, a P/E ratio of 37.10, a P/E/G ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 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%. The firm had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. During the same period in the prior year, the firm posted $0.98 EPS. The firm's revenue was up 8.6% compared to the same quarter last year. On average, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Amazon.com from $220.00 to $225.00 and gave the stock an "overweight" rating in a report on Friday, May 2nd. Cantor Fitzgerald raised their price target on Amazon.com from $230.00 to $240.00 and gave the stock an "overweight" rating in a report on Friday, May 2nd. DA Davidson cut their price target on Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a report on Monday, April 14th. Stifel Nicolaus cut their price target on Amazon.com from $248.00 to $245.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Finally, Mizuho lowered their price objective on Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Four analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company. Based on data from MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and an average target price of $244.09.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 20,784 shares of the firm's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the completion of the transaction, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This trade represents a 0.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 5,501 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total transaction of $1,256,648.44. Following the transaction, the chief executive officer now owns 505,318 shares of the company's stock, valued at approximately $115,434,843.92. This trade represents a 1.08% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 80,798 shares of company stock valued at $17,696,733. Company insiders own 9.70% 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.

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