Maestria Partners LLC Invests $27.29 Million in Amazon.com, Inc. (NASDAQ:AMZN)

Maestria Partners LLC purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 124,400 shares of the e-commerce giant's stock, valued at approximately $27,292,000. Amazon.com accounts for about 10.8% of Maestria Partners LLC's holdings, making the stock its 3rd largest position.

A number of other institutional investors have also recently bought and sold shares of the business. Rench Wealth Management Inc. lifted its position in shares of Amazon.com by 7.9% in the third quarter. Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant's stock worth $9,392,000 after buying an additional 3,703 shares during the last quarter. Blankinship & Foster LLC grew its holdings in Amazon.com by 216.4% during the third quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant's stock valued at $1,291,000 after purchasing an additional 4,740 shares during the last quarter. One Wealth Capital Management LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $4,270,000. Floyd Financial Group LLC bought a new stake in shares of Amazon.com during the 4th quarter worth $4,494,000. Finally, Patton Albertson Miller Group LLC grew its stake in Amazon.com by 2.7% in the 4th quarter. Patton Albertson Miller Group LLC now owns 18,790 shares of the e-commerce giant's stock valued at $4,122,000 after buying an additional 495 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Up 2.9 %

Shares of AMZN stock traded up $5.17 on Thursday, hitting $185.77. 28,096,849 shares of the stock were exchanged, compared to its average volume of 41,884,605. The business has a 50-day moving average of $195.11 and a 200 day moving average of $207.66. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The firm has a market capitalization of $1.97 trillion, a P/E ratio of 33.61, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. 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 released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping 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%. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, 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 value 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Shelley Reynolds sold 8,833 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $222.47, for a total value of $1,965,077.51. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at $26,647,456.60. This trade represents a 6.87 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 104,798 shares of company stock valued at $23,341,803. Corporate insiders own 10.80% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMZN. Deutsche Bank Aktiengesellschaft lowered their price target on Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Benchmark increased their price objective on Amazon.com from $215.00 to $265.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Needham & Company LLC reaffirmed a "buy" rating and set a $250.00 target price on shares of Amazon.com in a research report on Friday, February 7th. Maxim Group increased their price target on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a report on Friday, February 7th. Finally, Citigroup dropped their price objective on shares of Amazon.com from $273.00 to $225.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $247.56.

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.