Mawer Investment Management Ltd. Increases Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Mawer Investment Management Ltd. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,777,820 shares of the e-commerce giant’s stock after purchasing an additional 9,565 shares during the period. Amazon.com makes up 1.8% of Mawer Investment Management Ltd.’s holdings, making the stock its 17th biggest position. Mawer Investment Management Ltd.’s holdings in Amazon.com were worth $317,337,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of AMZN. McElhenny Sheffield Capital Management LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $27,000. Retirement Financial Solutions LLC purchased a new stake in shares of Amazon.com in the fourth quarter valued at $32,000. Laurel Wealth Planning LLC lifted its position in shares of Amazon.com by 1,900.0% in the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 304 shares in the last quarter. Swaine & Leidel Wealth Services LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $38,000. Finally, Cowa LLC purchased a new stake in shares of Amazon.com in the third quarter valued at $40,000. 57.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on AMZN shares. Evercore ISI cut their price objective on shares of Amazon.com from $160.00 to $155.00 and set an “outperform” rating for the company in a research report on Monday, April 3rd. Susquehanna lifted their price objective on Amazon.com from $140.00 to $150.00 and gave the company a “positive” rating in a research report on Friday, February 3rd. StockNews.com initiated coverage on Amazon.com in a research report on Thursday, May 18th. They issued a “hold” rating for the company. UBS Group lifted their price objective on Amazon.com from $125.00 to $130.00 in a research report on Friday, April 28th. Finally, Robert W. Baird lifted their price objective on Amazon.com from $125.00 to $130.00 in a research report on Friday, April 28th. Three investment analysts have rated the stock with a hold rating and forty-one have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $143.12.

Amazon.com Price Performance

AMZN opened at $114.99 on Wednesday. The company has a 50-day moving average of $104.48 and a 200-day moving average of $97.42. The company has a market capitalization of $1.18 trillion, a P/E ratio of 273.79, a PEG ratio of 4.04 and a beta of 1.26. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $146.57. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.69 and a current ratio of 0.92.

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

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $93.80, for a total value of $375,200.00. Following the completion of the transaction, the chief executive officer now owns 560,298 shares in the company, valued at approximately $52,555,952.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CEO Adam Selipsky sold 2,299 shares of the stock in a transaction that occurred on Tuesday, March 21st. The stock was sold at an average price of $100.34, for a total transaction of $230,681.66. Following the sale, the chief executive officer now directly owns 138,320 shares in the company, valued at approximately $13,879,028.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 4,000 shares of the stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $93.80, for a total value of $375,200.00. Following the sale, the chief executive officer now owns 560,298 shares in the company, valued at $52,555,952.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 75,144 shares of company stock worth $8,405,887. 12.70% of the stock is currently owned by corporate insiders.

About Amazon.com

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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.