Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Boosted by Mitsubishi UFJ Asset Management UK Ltd.

Mitsubishi UFJ Asset Management UK Ltd. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 38.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,400 shares of the e-commerce giant’s stock after purchasing an additional 12,000 shares during the period. Amazon.com accounts for approximately 4.2% of Mitsubishi UFJ Asset Management UK Ltd.’s portfolio, making the stock its 5th largest position. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in Amazon.com were worth $9,522,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Icon Wealth Advisors LLC raised its holdings in shares of Amazon.com by 20.5% during the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after acquiring an additional 25,581 shares in the last quarter. Hoese & Co LLP purchased a new position in Amazon.com during the 3rd quarter valued at $37,000. Bull Oak Capital LLC bought a new position in Amazon.com in the 3rd quarter worth $45,000. Values First Advisors Inc. purchased a new stake in shares of Amazon.com in the 3rd quarter worth about $56,000. Finally, Harbor Investment Advisory LLC lifted its position in shares of Amazon.com by 1.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 301,946 shares of the e-commerce giant’s stock worth $66,000 after purchasing an additional 3,055 shares during the period. 72.20% of the stock is owned by institutional investors.

Insider Activity at Amazon.com

In other news, Director Jonathan Rubinstein sold 4,351 shares of the firm’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the transaction, the director now owns 88,203 shares in the company, valued at $20,273,459.55. This trade represents a 4.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $206.75, for a total value of $619,497,843.50. Following the completion of the sale, the insider now owns 914,420,614 shares in the company, valued at $189,056,461,944.50. This represents a 0.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,026,212 shares of company stock worth $625,666,424. 10.80% of the stock is owned by corporate insiders.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $229.15 on Friday. The stock has a market cap of $2.41 trillion, a P/E ratio of 49.07, a P/E/G ratio of 1.35 and a beta of 1.15. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The stock’s fifty day moving average is $226.51 and its 200 day moving average is $200.30. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. Sell-side analysts anticipate that Amazon.com, Inc. will post 5.3 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Canaccord Genuity Group increased their price target on shares of Amazon.com from $265.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday. BMO Capital Markets reissued an “outperform” rating and issued a $236.00 target price on shares of Amazon.com in a research report on Tuesday, December 3rd. Deutsche Bank Aktiengesellschaft lifted their price target on Amazon.com from $225.00 to $232.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Barclays increased their price objective on Amazon.com from $235.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday. Finally, HSBC boosted their target price on shares of Amazon.com from $225.00 to $270.00 and gave the company a “buy” rating in a report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and an average target price of $260.20.

About Amazon.com

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.