Venture Visionary Partners LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 147,085 shares of the e-commerce giant’s stock after purchasing an additional 5,039 shares during the quarter. Amazon.com comprises approximately 0.9% of Venture Visionary Partners LLC’s portfolio, making the stock its 27th biggest position. Venture Visionary Partners LLC’s holdings in Amazon.com were worth $12,355,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in 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 boosted 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 acquiring an additional 3,121,516 shares during the period. Price T Rowe Associates Inc. MD boosted 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 acquiring an additional 295,880,050 shares during the period. FMR LLC boosted 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 acquiring an additional 270,931,640 shares during the period. Finally, Northern Trust Corp boosted 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 acquiring an additional 90,167,792 shares during the period. 57.64% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
AMZN has been the subject of several research analyst reports. Bank of America increased their price objective on Amazon.com from $135.00 to $139.00 in a report on Friday, April 28th. Mizuho increased their price objective on Amazon.com from $135.00 to $145.00 in a report on Friday, April 28th. Credit Suisse Group decreased their price objective on Amazon.com from $150.00 to $140.00 in a report on Tuesday, April 25th. Wolfe Research increased their price objective on Amazon.com from $130.00 to $140.00 in a report on Friday, April 28th. Finally, Morgan Stanley upped their price target on Amazon.com from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Friday, February 3rd. Three analysts have rated the stock with a hold rating and forty have assigned a buy rating to the company. According to MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus target price of $143.17.
Insider Activity at Amazon.com
Amazon.com Stock Up 4.4 %
AMZN opened at $120.11 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 0.92 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1.23 trillion, a P/E ratio of 285.98, a PEG ratio of 4.18 and a beta of 1.26. Amazon.com, Inc. has a 52 week low of $81.43 and a 52 week high of $146.57. The business’s fifty day simple moving average is $106.06 and its 200 day simple moving average is $98.18.
Amazon.com (NASDAQ:AMZN – Get Rating) last posted its quarterly earnings data on Thursday, April 27th. The e-commerce giant reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. The business had revenue of $127.36 billion for 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 for the quarter was up 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.21 earnings per share. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 1.57 EPS for the current fiscal year.
Amazon.com Company Profile
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.
Featured Stories
- Get a free copy of the StockNews.com research report on Amazon.com (AMZN)
- MarketBeat Week in Review – 5/22 – 5/26
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
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:AMZN – Get Rating).
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.
