Amazon.com, Inc. (NASDAQ:AMZN) is Vestor Capital LLC’s 3rd Largest Position

Vestor Capital LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 12.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 291,414 shares of the e-commerce giant’s stock after buying an additional 33,165 shares during the quarter. Amazon.com makes up about 4.2% of Vestor Capital LLC’s investment portfolio, making the stock its 3rd largest position. Vestor Capital LLC’s holdings in Amazon.com were worth $44,277,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PayPay Securities Corp boosted its holdings in shares of Amazon.com by 54.3% during the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 94 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Amazon.com by 45.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after buying an additional 86 shares in the last quarter. Strid Group LLC bought a new position in Amazon.com during the fourth quarter valued at approximately $43,000. Harbor Investment Advisory LLC boosted its stake in Amazon.com by 0.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 1,988 shares during the last quarter. Finally, Authentikos Wealth Advisory LLC purchased a new position in Amazon.com during the 3rd quarter valued at approximately $49,000. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AMZN. Canaccord Genuity Group increased their target price on Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Truist Financial increased their price objective on shares of Amazon.com from $216.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. 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 research note on Wednesday, May 1st. Loop Capital upped their target price on shares of Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Finally, Wedbush reiterated an “outperform” rating and issued a $225.00 price target on shares of Amazon.com in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $212.40.

Read Our Latest Research Report on Amazon.com

Amazon.com Stock Down 1.5 %

Shares of NASDAQ AMZN opened at $179.32 on Friday. Amazon.com, Inc. has a 12-month low of $118.35 and a 12-month high of $191.70. The stock’s fifty day simple moving average is $182.39 and its two-hundred day simple moving average is $167.14. The stock has a market capitalization of $1.87 trillion, a PE ratio of 50.23, a price-to-earnings-growth ratio of 1.30 and a beta of 1.15. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.15. The company had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.31 earnings per share. As a group, analysts expect that Amazon.com, Inc. will post 4.72 EPS for the current fiscal year.

Insider Buying and Selling

In other Amazon.com news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total value of $489,753.00. Following the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 2,700 shares of the stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $181.39, for a total value of $489,753.00. Following the completion of the sale, the vice president now directly owns 119,780 shares in the company, valued at $21,726,894.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Jonathan Rubinstein sold 5,556 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $180.00, for a total value of $1,000,080.00. Following the sale, the director now owns 109,664 shares in the company, valued at approximately $19,739,520. The disclosure for this sale can be found here. Insiders sold a total of 117,894 shares of company stock worth $21,363,909 in the last 90 days. 10.80% of the stock is owned by corporate insiders.

Amazon.com Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNFree Report).

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.