Compound Global Advisors LLC Makes New Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Compound Global Advisors LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,870 shares of the e-commerce giant's stock, valued at approximately $1,288,000. Amazon.com makes up approximately 5.2% of Compound Global Advisors LLC's portfolio, making the stock its 4th largest position.

Several other large investors have also recently bought and sold shares of AMZN. Accordant Advisory Group Inc grew its position in shares of Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Quattro Financial Advisors LLC boosted its stake in Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after purchasing an additional 45 shares during the period. Bull Oak Capital LLC acquired a new position in Amazon.com in the 3rd quarter valued at $45,000. Iron Horse Wealth Management LLC increased its position in Amazon.com by 64.4% during the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant's stock worth $63,000 after buying an additional 112 shares during the period. Finally, Values First Advisors Inc. acquired a new stake in shares of Amazon.com during the third quarter worth $56,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Down 2.6 %

Shares of NASDAQ:AMZN traded down $5.17 during trading on Thursday, reaching $193.72. 34,028,390 shares of the stock were exchanged, compared to its average volume of 39,159,719. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The stock has a fifty day moving average of $222.71 and a two-hundred day moving average of $207.20. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The firm has a market cap of $2.05 trillion, a price-to-earnings ratio of 35.03, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19.

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

Wall Street Analyst Weigh In

Several brokerages have recently commented on AMZN. JMP Securities reaffirmed a "market outperform" rating and set a $285.00 target price on shares of Amazon.com in a report on Friday, February 7th. Benchmark raised their price objective on Amazon.com from $215.00 to $265.00 and gave the stock a "buy" rating in a research note on Tuesday, February 4th. Morgan Stanley lifted their price objective on Amazon.com from $230.00 to $280.00 and gave the company an "overweight" rating in a report on Monday, January 13th. Sanford C. Bernstein raised their price target on Amazon.com from $235.00 to $265.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 18th. Finally, Oppenheimer upped their price objective on shares of Amazon.com from $230.00 to $260.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $260.65.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 19,212 shares of the company's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the completion of the sale, the senior vice president now owns 49,950 shares in the company, valued at approximately $10,864,125. This represents a 27.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the firm's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the transaction, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,298 shares of company stock worth $22,871,828. Insiders own 10.80% of the company's stock.

Amazon.com Company 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.