Amazon.com, Inc. (NASDAQ:AMZN) is Swiss National Bank's 4th Largest Position

Swiss National Bank lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,684,700 shares of the e-commerce giant's stock after selling 1,115,600 shares during the quarter. Amazon.com makes up 3.9% of Swiss National Bank's holdings, making the stock its 4th largest holding. Swiss National Bank owned about 0.25% of Amazon.com worth $5,854,356,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Accordant Advisory Group Inc raised its stake in Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares in the last quarter. Compass Planning Associates Inc purchased a new position in shares of Amazon.com in the 4th quarter valued at $51,000. Quattro Financial Advisors LLC raised its position in shares of Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after acquiring an additional 45 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Amazon.com during the 4th quarter worth $54,000. Finally, Iron Horse Wealth Management LLC lifted its stake in shares of 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 purchasing an additional 112 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

A number of brokerages have commented on AMZN. JPMorgan Chase & Co. reduced their target price on shares of Amazon.com from $270.00 to $220.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Amazon.com from $287.00 to $206.00 and set a "buy" rating for the company in a research note on Monday. Maxim Group raised their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research note on Friday, February 7th. DA Davidson cut their price target on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating on the stock in a report on Monday. Finally, Citigroup decreased their price objective on Amazon.com from $273.00 to $225.00 and set a "buy" rating for the company in a report on Monday. Two research analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $253.56.

Amazon.com Price Performance

NASDAQ AMZN traded down $2.53 on Tuesday, hitting $179.59. The company had a trading volume of 43,239,677 shares, compared to its average volume of 41,637,411. 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 company has a market capitalization of $1.90 trillion, a PE ratio of 32.48, a PEG ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The company's fifty day moving average price is $203.14 and its 200-day moving average price is $208.50.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share 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%. As a group, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insiders Place Their Bets

In other Amazon.com news, CFO Brian T. Olsavsky sold 14,620 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $223.14, for a total value of $3,262,306.80. Following the completion of the sale, the chief financial officer now owns 49,000 shares in the company, valued at approximately $10,933,860. This represents a 22.98 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the firm's stock in a transaction that occurred 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 directly owns 497,067 shares in the company, 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 have sold a total of 104,798 shares of company stock valued at $23,341,803 in the last 90 days. 10.80% of the stock is owned by 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.