Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by DT Investment Partners LLC

DT Investment Partners LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,886 shares of the e-commerce giant’s stock after buying an additional 183 shares during the period. DT Investment Partners LLC’s holdings in Amazon.com were worth $5,460,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AMZN. AMF Tjanstepension AB increased its stake in Amazon.com by 44.3% during the 3rd quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock worth $492,172,000 after buying an additional 811,425 shares during the period. Swedbank AB grew its stake in shares of Amazon.com by 1.4% during the third quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock valued at $2,484,864,000 after acquiring an additional 183,610 shares in the last quarter. First Pacific Financial increased its position in shares of Amazon.com by 7.2% during the third quarter. First Pacific Financial now owns 4,274 shares of the e-commerce giant’s stock worth $796,000 after acquiring an additional 286 shares during the last quarter. Keystone Wealth Services LLC lifted its stake in shares of Amazon.com by 27.0% in the third quarter. Keystone Wealth Services LLC now owns 20,299 shares of the e-commerce giant’s stock worth $3,782,000 after acquiring an additional 4,312 shares in the last quarter. Finally, Dover Advisors LLC boosted its holdings in Amazon.com by 6.9% in the third quarter. Dover Advisors LLC now owns 24,761 shares of the e-commerce giant’s stock valued at $4,614,000 after purchasing an additional 1,606 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Down 2.5 %

Amazon.com stock opened at $193.89 on Friday. The company’s 50-day moving average price is $222.18 and its two-hundred day moving average price is $207.10. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.05 trillion, a price-to-earnings ratio of 35.06, a PEG ratio of 1.50 and a beta of 1.19. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. On average, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Sanford C. Bernstein lifted their price objective on Amazon.com from $235.00 to $265.00 and gave the stock an “outperform” rating in a report on Wednesday, December 18th. JMP Securities restated a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Oppenheimer upped their price target on shares of Amazon.com from $230.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Citigroup reissued a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Finally, The Goldman Sachs Group upped their target price on shares of Amazon.com from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $260.65.

Insider Activity

In other news, SVP David Zapolsky sold 5,848 shares of Amazon.com stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.72, for a total value of $1,290,770.56. Following the transaction, the senior vice president now owns 69,162 shares of the company’s stock, valued at $15,265,436.64. The trade was a 7.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 5,501 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total transaction of $1,256,648.44. Following the completion of the sale, the chief executive officer now owns 505,318 shares in the company, valued at $115,434,843.92. The trade was a 1.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 102,298 shares of company stock worth $22,871,828 over the last 90 days. 10.80% of the stock is currently owned by company insiders.

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.