Amazon.com, Inc. (NASDAQ:AMZN) is Flputnam Investment Management Co.'s 8th Largest Position

Flputnam Investment Management Co. trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 534,170 shares of the e-commerce giant's stock after selling 4,749 shares during the period. Amazon.com makes up approximately 2.1% of Flputnam Investment Management Co.'s holdings, making the stock its 8th largest position. Flputnam Investment Management Co.'s holdings in Amazon.com were worth $117,192,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in AMZN. State Street Corp lifted its stake in shares of Amazon.com by 3.3% in the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock worth $66,926,008,000 after buying an additional 11,370,309 shares in the last quarter. Geode Capital Management LLC raised its holdings in Amazon.com by 3.4% in the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant's stock worth $37,116,341,000 after acquiring an additional 6,545,944 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Amazon.com by 0.8% in the 4th 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Amazon.com by 3.6% in the 3rd 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. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Amazon.com by 3.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,308,094 shares of the e-commerce giant's stock worth $10,678,217,000 after purchasing an additional 1,980,663 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

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Insider Activity at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the firm's stock in a transaction dated 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 transaction, the vice president now owns 119,780 shares of the company's stock, valued at approximately $26,647,456.60. This trade represents a 6.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP David Zapolsky sold 19,212 shares of the company's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $217.50, for a total value of $4,178,610.00. Following the sale, the senior vice president now owns 49,950 shares of the company's stock, valued at $10,864,125. This trade represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 102,298 shares of company stock worth $22,871,828 in the last quarter. 10.80% of the stock is owned by company insiders.

Amazon.com Trading Up 1.0 %

Shares of Amazon.com stock traded up $1.91 during trading on Tuesday, hitting $192.17. The stock had a trading volume of 41,171,347 shares, compared to its average volume of 39,975,586. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. 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 firm's fifty day simple moving average is $216.15 and its 200-day simple moving average is $209.27. The stock has a market cap of $2.04 trillion, a PE ratio of 34.75, a PEG ratio of 1.50 and a beta of 1.19.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AMZN has been the topic of several recent analyst reports. Robert W. Baird increased their price objective on Amazon.com from $220.00 to $260.00 and gave the company an "outperform" rating in a research report on Friday, December 13th. Needham & Company LLC reaffirmed a "buy" rating and issued a $250.00 target price on shares of Amazon.com in a research report on Friday, February 7th. Morgan Stanley boosted their target price on shares of Amazon.com from $230.00 to $280.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Stifel Nicolaus raised their target price on Amazon.com from $245.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Finally, Raymond James upped their price objective on Amazon.com from $260.00 to $275.00 in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $260.53.

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.