Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Caerus Investment Advisors LLC

Caerus Investment Advisors LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,856 shares of the e-commerce giant’s stock after buying an additional 239 shares during the quarter. Amazon.com makes up 0.8% of Caerus Investment Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Caerus Investment Advisors LLC’s holdings in Amazon.com were worth $876,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of AMZN. Vanguard Group Inc. lifted its position in shares of Amazon.com by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 771,086,427 shares of the e-commerce giant’s stock worth $117,158,872,000 after purchasing an additional 13,134,632 shares in the last quarter. Norges Bank purchased a new stake in Amazon.com during the 4th quarter worth approximately $17,700,551,000. Jennison Associates LLC lifted its holdings in Amazon.com by 2.5% during the 4th quarter. Jennison Associates LLC now owns 56,371,051 shares of the e-commerce giant’s stock worth $8,565,017,000 after buying an additional 1,389,503 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Amazon.com by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 51,920,953 shares of the e-commerce giant’s stock valued at $7,888,870,000 after buying an additional 1,525,922 shares during the period. Finally, Fisher Asset Management LLC grew its stake in shares of Amazon.com by 2.1% in the fourth quarter. Fisher Asset Management LLC now owns 42,241,587 shares of the e-commerce giant’s stock worth $6,418,187,000 after acquiring an additional 888,369 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of AMZN opened at $199.29 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The stock’s 50 day moving average is $186.35 and its two-hundred day moving average is $175.26. The firm has a market capitalization of $2.07 trillion, a PE ratio of 55.82, a P/E/G ratio of 1.43 and a beta of 1.15. Amazon.com, Inc. has a twelve month low of $118.35 and a twelve month high of $201.20.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data 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 return on equity of 19.86% and a net margin of 6.38%. The firm had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. During the same quarter in the prior year, the business posted $0.31 earnings per share. Amazon.com’s revenue was up 12.5% compared to the same quarter last year. Research analysts anticipate that Amazon.com, Inc. will post 4.72 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AMZN shares. BMO Capital Markets lifted their target price on Amazon.com from $215.00 to $220.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Morgan Stanley boosted their price objective on Amazon.com from $215.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. UBS Group raised their target price on shares of Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Raymond James boosted their price target on shares of Amazon.com from $200.00 to $205.00 and gave the stock a “strong-buy” rating in a report on Wednesday, May 1st. Finally, JMP Securities restated a “market outperform” rating and issued a $225.00 price objective on shares of Amazon.com in a report on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $215.86.

Insider Activity

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $181.38, for a total transaction of $90,690.00. Following the transaction, the chief executive officer now directly owns 130,600 shares in the company, valued at $23,688,228. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, VP Shelley Reynolds sold 2,700 shares of the firm’s stock in a transaction on 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 transaction, the vice president now owns 119,780 shares in the company, valued at $21,726,894.20. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $181.38, for a total value of $90,690.00. Following the transaction, the chief executive officer now directly owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. The disclosure for this sale can be found here. Insiders sold 1,532,985 shares of company stock worth $305,578,679 in the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com 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.