Amazon.com, Inc. (NASDAQ:AMZN) is OPTIMAS CAPITAL Ltd's 10th Largest Position

OPTIMAS CAPITAL Ltd lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 47.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,700 shares of the e-commerce giant's stock after selling 13,500 shares during the period. Amazon.com comprises approximately 4.3% of OPTIMAS CAPITAL Ltd's investment portfolio, making the stock its 10th biggest holding. OPTIMAS CAPITAL Ltd's holdings in Amazon.com were worth $3,225,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp raised its stake in shares of Amazon.com by 3.3% during the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock valued at $66,926,008,000 after acquiring an additional 11,370,309 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Amazon.com by 3.4% during the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant's stock valued at $37,116,341,000 after acquiring an additional 6,545,944 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Amazon.com by 0.8% during the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant's stock valued at $14,719,407,000 after acquiring an additional 545,292 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Amazon.com by 4.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 59,638,207 shares of the e-commerce giant's stock valued at $13,084,026,000 after acquiring an additional 2,330,113 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Amazon.com by 3.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,833,954 shares of the e-commerce giant's stock valued at $10,776,201,000 after acquiring an additional 1,984,592 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on AMZN shares. Westpark Capital started coverage on Amazon.com in a research report on Tuesday, April 1st. They set a "buy" rating and a $280.00 price target on the stock. Benchmark boosted their price objective on shares of Amazon.com from $215.00 to $265.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Scotiabank dropped their price objective on shares of Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating on the stock in a report on Monday. Rosenblatt Securities boosted their price objective on shares of Amazon.com from $236.00 to $287.00 and gave the company a "buy" rating in a report on Friday, February 7th. Finally, Bank of America dropped their price objective 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. Two analysts have rated the stock with a hold rating and forty-five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $248.13.

Insider Activity

In other news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the completion of the transaction, the vice president now owns 119,780 shares in the company, valued at $26,647,456.60. This trade represents a 6.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of the firm's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the transaction, the chief executive officer now owns 497,067 shares of the company's stock, valued at $114,459,618.09. This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 104,798 shares of company stock worth $23,341,803 in the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Stock Performance

Amazon.com stock traded up $11.87 during trading hours on Wednesday, reaching $185.05. 19,698,765 shares of the stock were exchanged, compared to its average volume of 41,749,674. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The stock has a market cap of $1.96 trillion, a P/E ratio of 33.46, a P/E/G ratio of 1.50 and a beta of 1.39. The firm's 50 day moving average is $196.07 and its 200 day moving average is $207.85.

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

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.