Diversified Trust Co Boosts Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Diversified Trust Co boosted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 252,024 shares of the e-commerce giant's stock after purchasing an additional 6,220 shares during the quarter. Amazon.com makes up approximately 1.3% of Diversified Trust Co's investment portfolio, making the stock its 15th largest holding. Diversified Trust Co's holdings in Amazon.com were worth $55,292,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of AMZN. Icon Wealth Advisors LLC raised its stake in Amazon.com by 20.5% in the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock valued at $28,000 after buying an additional 25,581 shares during the last quarter. PayPay Securities Corp increased its holdings in shares of Amazon.com by 64.6% during the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock valued at $32,000 after acquiring an additional 64 shares in the last quarter. Hoese & Co LLP purchased a new position in shares of Amazon.com in the 3rd quarter valued at approximately $37,000. Bull Oak Capital LLC acquired a new stake in Amazon.com in the 3rd quarter worth approximately $45,000. Finally, Values First Advisors Inc. purchased a new stake in Amazon.com during the 3rd quarter worth approximately $56,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Trading Up 2.4 %

Amazon.com stock traded up $5.28 during trading on Monday, reaching $225.94. 42,097,354 shares of the company were exchanged, compared to its average volume of 27,997,364. The stock's 50 day simple moving average is $217.91 and its two-hundred day simple moving average is $196.27. The company has a market capitalization of $2.38 trillion, a P/E ratio of 48.38, a PEG ratio of 1.22 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $233.00.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping analysts' consensus estimates of $1.14 by $0.29. The company had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. Amazon.com's quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.85 earnings per share. On average, equities research analysts expect that Amazon.com, Inc. will post 5.38 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $210.00, for a total transaction of $735,000.00. Following the transaction, the chief executive officer now owns 524,567 shares of the company's stock, valued at approximately $110,159,070. This represents a 0.66 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the completion of the transaction, the director now directly owns 88,203 shares of the company's stock, valued at approximately $20,273,459.55. This represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,032,344 shares of company stock valued at $1,253,456,822 over the last 90 days. 10.80% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on AMZN shares. Piper Sandler lifted their price objective on shares of Amazon.com from $215.00 to $225.00 and gave the stock an "overweight" rating in a research note on Friday, November 1st. Moffett Nathanson lifted their price target on Amazon.com from $235.00 to $248.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Monness Crespi & Hardt increased their price objective on Amazon.com from $225.00 to $245.00 and gave the company a "buy" rating in a report on Friday, November 1st. Stifel Nicolaus lifted their target price on Amazon.com from $224.00 to $245.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Finally, JPMorgan Chase & Co. increased their price target on shares of Amazon.com from $250.00 to $280.00 and gave the stock an "overweight" rating in a report on Wednesday, December 18th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $245.65.

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.