E. Ohman J or Asset Management AB Purchases 10,125 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

E. Ohman J or Asset Management AB boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,067,335 shares of the e-commerce giant's stock after buying an additional 10,125 shares during the period. Amazon.com makes up approximately 5.5% of E. Ohman J or Asset Management AB's portfolio, making the stock its 4th biggest position. E. Ohman J or Asset Management AB's holdings in Amazon.com were worth $234,163,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Accordant Advisory Group Inc increased its stake in Amazon.com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after purchasing an additional 100 shares during the period. Icon Wealth Advisors LLC increased its stake in Amazon.com by 20.5% during the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock worth $28,000 after purchasing an additional 25,581 shares during the period. Hoese & Co LLP purchased a new stake in Amazon.com during the third quarter worth about $37,000. Bull Oak Capital LLC purchased a new stake in shares of Amazon.com during the third quarter worth approximately $45,000. Finally, Values First Advisors Inc. purchased a new stake in shares of Amazon.com during the third quarter worth approximately $56,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Price Performance

NASDAQ:AMZN traded up $3.58 during trading hours on Friday, hitting $212.32. The company's stock had a trading volume of 51,708,069 shares, compared to its average volume of 36,827,215. The business's 50-day moving average is $226.44 and its two-hundred day moving average is $206.11. The company has a market capitalization of $2.25 trillion, a PE ratio of 38.39, a PEG ratio of 1.50 and a beta of 1.15. 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.

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 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, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. JMP Securities restated a "market outperform" rating and set a $285.00 target price on shares of Amazon.com in a research note on Friday, February 7th. Piper Sandler restated an "overweight" rating and set a $265.00 target price (up from $225.00) on shares of Amazon.com in a research note on Friday, February 7th. HSBC upped their target price on shares of Amazon.com from $225.00 to $270.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. Maxim Group upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Phillip Securities lowered shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, February 10th. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $260.65.

Insider Activity

In other news, CEO Douglas J. Herrington sold 3,500 shares of the firm's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $210.00, for a total value of $735,000.00. Following the completion of the transaction, the chief executive officer now owns 524,567 shares in the company, valued at $110,159,070. This trade represents a 0.66 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the firm's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the transaction, the chief executive officer now owns 2,118,886 shares of the company's stock, valued at approximately $467,532,195.90. This represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,149 shares of company stock worth $24,606,905 over the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

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.