5,635 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Purchased by Theory Financial LLC

Theory Financial LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,635 shares of the e-commerce giant’s stock, valued at approximately $473,000.

A number of other institutional investors have also recently added to or reduced their stakes in AMZN. Vanguard Group Inc. lifted its holdings in shares of Amazon.com by 1.8% in the third quarter. Vanguard Group Inc. now owns 701,550,877 shares of the e-commerce giant’s stock valued at $79,275,249,000 after purchasing an additional 12,456,995 shares in the last quarter. State Street Corp lifted its holdings in shares of Amazon.com by 1.0% in the third quarter. State Street Corp now owns 329,849,003 shares of the e-commerce giant’s stock valued at $37,272,937,000 after purchasing an additional 3,121,516 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Amazon.com by 1,838.8% in the second quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock valued at $33,134,481,000 after purchasing an additional 295,880,050 shares in the last quarter. FMR LLC lifted its holdings in shares of Amazon.com by 1,792.4% in the second quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock valued at $30,381,089,000 after purchasing an additional 270,931,640 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Amazon.com by 1,867.0% in the second quarter. Northern Trust Corp now owns 94,997,372 shares of the e-commerce giant’s stock valued at $10,089,669,000 after purchasing an additional 90,167,792 shares in the last quarter. Hedge funds and other institutional investors own 57.64% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Amazon.com from $135.00 to $145.00 in a research report on Friday, April 28th. Telsey Advisory Group reissued an “outperform” rating and issued a $125.00 price objective on shares of Amazon.com in a research report on Thursday, April 20th. Credit Suisse Group cut their price objective on shares of Amazon.com from $150.00 to $140.00 in a research report on Tuesday, April 25th. Rosenblatt Securities boosted their price objective on shares of Amazon.com from $106.00 to $111.00 in a research report on Friday, April 28th. Finally, Robert W. Baird boosted their price objective on shares of Amazon.com from $125.00 to $130.00 in a research report on Friday, April 28th. Three research analysts have rated the stock with a hold rating and forty-one have issued a buy rating to the company. According to MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average target price of $143.12.

Insider Activity

In other news, CEO Adam Selipsky sold 10,760 shares of Amazon.com stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $110.33, for a total value of $1,187,150.80. Following the completion of the transaction, the chief executive officer now directly owns 150,120 shares of the company’s stock, valued at approximately $16,562,739.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CEO Adam Selipsky sold 10,760 shares of Amazon.com stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $110.33, for a total value of $1,187,150.80. Following the completion of the transaction, the chief executive officer now directly owns 150,120 shares of the company’s stock, valued at approximately $16,562,739.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Douglas J. Herrington sold 7,456 shares of Amazon.com stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $94.90, for a total transaction of $707,574.40. Following the completion of the transaction, the chief executive officer now directly owns 564,298 shares of the company’s stock, valued at $53,551,880.20. The disclosure for this sale can be found here. In the last three months, insiders sold 61,019 shares of company stock valued at $6,053,511. Company insiders own 12.30% of the company’s stock.

Amazon.com Price Performance

Shares of AMZN stock opened at $116.25 on Monday. The firm has a market cap of $1.19 trillion, a P/E ratio of 276.79, a P/E/G ratio of 4.11 and a beta of 1.26. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.92 and a quick ratio of 0.69. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $146.57. The firm has a fifty day moving average of $103.63 and a two-hundred day moving average of $97.07.

Amazon.com (NASDAQ:AMZN – Get Rating) last announced its quarterly earnings data on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.09. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The company had revenue of $127.36 billion during the quarter, compared to analyst estimates of $124.57 billion. During the same period last year, the business earned $0.21 EPS. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. As a group, research analysts anticipate that Amazon.com, Inc. will post 1.57 earnings per share for the current fiscal year.

Amazon.com Profile

(Get Rating)

Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.