Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Increased by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,285,747 shares of the e-commerce giant's stock after acquiring an additional 121,059 shares during the quarter. Amazon.com comprises 5.3% of Skandinaviska Enskilda Banken AB publ's holdings, making the stock its 4th biggest position. Skandinaviska Enskilda Banken AB publ owned 0.05% of Amazon.com worth $1,169,736,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Cable Hill Partners LLC grew its position in shares of Amazon.com by 0.5% in the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock valued at $2,104,000 after acquiring an additional 44 shares during the period. Quattro Financial Advisors LLC increased its position in Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after buying an additional 45 shares during the last quarter. White Wing Wealth Management increased its position in Amazon.com by 2.4% during the 4th quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock worth $433,000 after buying an additional 47 shares during the period. MBM Wealth Consultants LLC boosted its position in shares of Amazon.com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock valued at $1,889,000 after acquiring an additional 48 shares during the period. Finally, Semus Wealth Partners LLC grew its stake in shares of Amazon.com by 0.3% in the third quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant's stock valued at $3,339,000 after acquiring an additional 49 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Several brokerages recently issued reports on AMZN. Royal Bank of Canada boosted their price target on Amazon.com from $255.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Sanford C. Bernstein increased their target price on Amazon.com from $235.00 to $265.00 and gave the stock an "outperform" rating in a report on Wednesday, December 18th. JPMorgan Chase & Co. cut their price objective on shares of Amazon.com from $270.00 to $220.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Bank of America decreased their target price on shares of Amazon.com from $257.00 to $225.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Finally, Benchmark upped their price target on shares of Amazon.com from $215.00 to $265.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Two analysts have rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $253.56.

Insider Activity

In other news, SVP David Zapolsky sold 5,848 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was 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 approximately $15,265,436.64. The trade was a 7.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total transaction of $469,975.00. Following the transaction, the chief executive officer now owns 509,474 shares of the company's stock, valued at approximately $95,776,017.26. The trade was a 0.49 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 104,798 shares of company stock valued at $23,341,803. Insiders own 10.80% of the company's stock.

Amazon.com Stock Down 1.4 %

AMZN stock traded down $2.53 during mid-day trading on Tuesday, reaching $179.59. The company had a trading volume of 43,239,677 shares, compared to its average volume of 41,637,411. The firm has a fifty day simple moving average of $203.14 and a 200 day simple moving average of $208.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The company has a market capitalization of $1.90 trillion, a price-to-earnings ratio of 32.48, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating 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%. Analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.