Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Twenty Acre Capital LP

Twenty Acre Capital LP lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 40,300 shares of the e-commerce giant's stock after purchasing an additional 2,400 shares during the quarter. Amazon.com comprises 7.2% of Twenty Acre Capital LP's portfolio, making the stock its 5th largest position. Twenty Acre Capital LP's holdings in Amazon.com were worth $8,841,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Prudent Man Investment Management Inc. acquired a new stake in shares of Amazon.com in the fourth quarter worth about $27,000. Accordant Advisory Group Inc lifted its holdings in Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares in the last quarter. LSV Asset Management acquired a new position in shares of Amazon.com in the 4th quarter valued at $35,000. Perritt Capital Management Inc lifted its stake in shares of Amazon.com by 72.7% in the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after purchasing an additional 80 shares during the period. Finally, Compass Planning Associates Inc bought a new stake in shares of Amazon.com in the fourth quarter worth about $51,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total transaction of $469,975.00. Following the transaction, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.26. This trade represents a 0.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Brian T. Olsavsky sold 14,620 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $223.14, for a total value of $3,262,306.80. Following the transaction, the chief financial officer now directly owns 49,000 shares in the company, valued at approximately $10,933,860. The trade was a 22.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 107,298 shares of company stock valued at $23,818,478 in the last ninety days. Corporate insiders own 9.70% of the company's stock.

Analyst Ratings Changes

AMZN has been the subject of a number of research reports. Stifel Nicolaus lowered their target price on Amazon.com from $248.00 to $245.00 and set a "buy" rating for the company in a report on Friday, May 2nd. StockNews.com lowered Amazon.com from a "buy" rating to a "hold" rating in a research note on Monday, May 5th. UBS Group reiterated a "buy" rating on shares of Amazon.com in a research report on Tuesday, May 6th. Phillip Securities lowered Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, February 10th. Finally, Citigroup reaffirmed an "outperform" rating on shares of Amazon.com in a research note on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $244.09.

Amazon.com Stock Performance

NASDAQ:AMZN traded up $2.73 on Tuesday, hitting $211.37. The stock had a trading volume of 55,966,898 shares, compared to its average volume of 41,981,128. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week 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 stock has a market cap of $2.24 trillion, a price-to-earnings ratio of 38.22, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The business's 50-day simple moving average is $188.50 and its two-hundred day simple moving average is $208.25.

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