Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Raised by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,210,725 shares of the e-commerce giant’s stock after acquiring an additional 9,082 shares during the period. Amazon.com accounts for about 3.7% of Migdal Insurance & Financial Holdings Ltd.’s holdings, making the stock its 6th biggest position. Migdal Insurance & Financial Holdings Ltd.’s holdings in Amazon.com were worth $183,958,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Riversedge Advisors LLC boosted its position in shares of Amazon.com by 75.2% during the 3rd quarter. Riversedge Advisors LLC now owns 6,321 shares of the e-commerce giant’s stock valued at $804,000 after acquiring an additional 2,714 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in Amazon.com by 3.7% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 38,641 shares of the e-commerce giant’s stock valued at $4,912,000 after purchasing an additional 1,377 shares in the last quarter. Asset Planning Services Inc. LA ADV lifted its position in Amazon.com by 1.3% during the third quarter. Asset Planning Services Inc. LA ADV now owns 46,120 shares of the e-commerce giant’s stock valued at $5,863,000 after purchasing an additional 610 shares during the last quarter. Chronos Wealth Management LLC lifted its position in Amazon.com by 0.6% during the third quarter. Chronos Wealth Management LLC now owns 55,282 shares of the e-commerce giant’s stock valued at $7,027,000 after purchasing an additional 310 shares during the last quarter. Finally, Connecticut Wealth Management LLC grew its stake in Amazon.com by 57.5% in the 3rd quarter. Connecticut Wealth Management LLC now owns 24,111 shares of the e-commerce giant’s stock worth $3,065,000 after buying an additional 8,807 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on AMZN shares. Barclays lifted their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. TD Cowen lifted their price target on Amazon.com from $200.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Robert W. Baird upped their price objective on Amazon.com from $205.00 to $210.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. Needham & Company LLC reissued a “buy” rating and set a $205.00 price objective on shares of Amazon.com in a report on Wednesday, May 1st. Finally, Oppenheimer boosted their price objective on shares of Amazon.com from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and an average target price of $211.62.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $188.76 on Wednesday. Amazon.com, Inc. has a 1-year low of $104.70 and a 1-year high of $189.94. The business has a fifty day moving average price of $179.60 and a 200-day moving average price of $161.63. The company has a market capitalization of $1.96 trillion, a PE ratio of 52.87, a PEG ratio of 1.35 and a beta of 1.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The business had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. During the same period in the previous year, the company earned $0.31 earnings per share. The business’s revenue for the quarter was up 12.5% compared to the same quarter last year. As a group, equities analysts expect that Amazon.com, Inc. will post 4.67 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $20,239,226.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total transaction of $523,807.00. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $20,239,226.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey P. Bezos sold 5,998,849 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $173.33, for a total transaction of $1,039,780,497.17. Following the sale, the insider now directly owns 970,255,270 shares in the company, valued at approximately $168,174,345,949.10. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,197,961 shares of company stock valued at $4,482,244,357. 10.80% of the stock is owned by corporate insiders.

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.