Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Sapient Capital LLC

Sapient Capital LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 544,435 shares of the e-commerce giant’s stock after acquiring an additional 1,146 shares during the period. Amazon.com comprises about 2.3% of Sapient Capital LLC’s holdings, making the stock its 8th biggest position. Sapient Capital LLC’s holdings in Amazon.com were worth $119,444,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Paladin Wealth LLC lifted its position in shares of Amazon.com by 15.3% during the 4th quarter. Paladin Wealth LLC now owns 15,381 shares of the e-commerce giant’s stock valued at $3,374,000 after acquiring an additional 2,038 shares during the period. Pineridge Advisors LLC lifted its position in shares of Amazon.com by 50.8% during the 4th quarter. Pineridge Advisors LLC now owns 4,291 shares of the e-commerce giant’s stock valued at $941,000 after acquiring an additional 1,446 shares during the period. Panoramic Capital Partners LLC acquired a new position in shares of Amazon.com during the 4th quarter worth approximately $1,514,000. International Private Wealth Advisors LLC raised its position in shares of Amazon.com by 51.4% during the 4th quarter. International Private Wealth Advisors LLC now owns 14,434 shares of the e-commerce giant’s stock worth $3,167,000 after purchasing an additional 4,900 shares during the last quarter. Finally, First National Corp MA ADV raised its position in shares of Amazon.com by 9.5% during the 4th quarter. First National Corp MA ADV now owns 15,946 shares of the e-commerce giant’s stock worth $3,498,000 after purchasing an additional 1,387 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. UBS Group lifted their price objective on Amazon.com from $230.00 to $264.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Roth Mkm lifted their price objective on Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Robert W. Baird lifted their price objective on Amazon.com from $220.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Tigress Financial lifted their price objective on Amazon.com from $245.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, December 20th. Finally, Piper Sandler restated an “overweight” rating and set a $265.00 price objective (up from $225.00) on shares of Amazon.com in a research report on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $260.65.

Amazon.com Stock Down 0.7 %

Shares of Amazon.com stock opened at $199.25 on Friday. The company has a fifty day moving average price of $224.11 and a 200 day moving average price of $206.80. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The stock has a market cap of $2.11 trillion, a price-to-earnings ratio of 36.03, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the transaction, the director now owns 88,203 shares in the company, valued at $20,273,459.55. The trade was a 4.70 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the transaction, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09. This represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 106,649 shares of company stock worth $23,871,905 in the last quarter. 10.80% of the stock is 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.