Marathon Asset Management Ltd Has $131.10 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Marathon Asset Management Ltd lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 597,744 shares of the e-commerce giant's stock after selling 7,208 shares during the quarter. Amazon.com makes up approximately 3.7% of Marathon Asset Management Ltd's investment portfolio, making the stock its 3rd largest position. Marathon Asset Management Ltd's holdings in Amazon.com were worth $131,100,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wernau Asset Management Inc. acquired a new position in shares of Amazon.com during the 4th quarter worth approximately $2,491,000. Meridian Wealth Management LLC grew its stake in shares of Amazon.com by 2.0% in the fourth quarter. Meridian Wealth Management LLC now owns 320,866 shares of the e-commerce giant's stock valued at $70,395,000 after buying an additional 6,161 shares in the last quarter. Kelly Financial Group LLC bought a new position in shares of Amazon.com in the fourth quarter valued at $1,106,000. Auxano Advisors LLC increased its holdings in Amazon.com by 1.0% during the fourth quarter. Auxano Advisors LLC now owns 165,885 shares of the e-commerce giant's stock worth $36,393,000 after buying an additional 1,695 shares during the last quarter. Finally, Keystone Wealth Services LLC raised its position in Amazon.com by 4.9% during the fourth quarter. Keystone Wealth Services LLC now owns 21,290 shares of the e-commerce giant's stock worth $4,671,000 after acquiring an additional 991 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

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Insider Transactions at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the sale, the vice president now owns 119,780 shares of the company's stock, valued at approximately $26,647,456.60. This represents a 6.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 5,501 shares of Amazon.com stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total value of $1,256,648.44. Following the completion of the transaction, the chief executive officer now directly owns 505,318 shares of the company's stock, valued at approximately $115,434,843.92. This trade represents a 1.08 % 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 over the last ninety days. 10.80% of the stock is owned by insiders.

Analysts Set New Price Targets

AMZN has been the topic of several recent analyst reports. Jefferies Financial Group lowered their price objective on shares of Amazon.com from $275.00 to $250.00 and set a "buy" rating on the stock in a research note on Monday, March 31st. Wolfe Research lifted their price target on Amazon.com from $250.00 to $270.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. Piper Sandler restated an "overweight" rating and issued a $265.00 price objective (up previously from $225.00) on shares of Amazon.com in a research note on Friday, February 7th. Wedbush reiterated an "outperform" rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, February 7th. Finally, Mizuho increased their price target on Amazon.com from $240.00 to $260.00 and gave the company an "outperform" rating in a research note on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $260.53.

Amazon.com Trading Up 2.5 %

AMZN traded up $4.26 during trading on Monday, reaching $175.26. 109,053,091 shares of the company's stock were exchanged, compared to its average volume of 40,907,791. The firm has a fifty day moving average price of $210.97 and a two-hundred day moving average price of $209.12. The stock has a market capitalization of $1.86 trillion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates 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, equities research 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.