Matauro LLC Invests $1.27 Million in Amazon.com, Inc. (NASDAQ:AMZN)

Matauro LLC acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,768 shares of the e-commerce giant's stock, valued at approximately $1,265,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Accordant Advisory Group Inc lifted its stake in shares of Amazon.com by 400.0% in the 4th 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 shares of Amazon.com by 20.5% in the 3rd 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 in the last quarter. Bull Oak Capital LLC bought a new position in Amazon.com in the 3rd quarter worth $45,000. Quattro Financial Advisors LLC lifted its position in Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after purchasing an additional 45 shares in the last quarter. Finally, Compass Planning Associates Inc bought a new stake in Amazon.com during the fourth quarter valued at about $51,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 0.1 %

NASDAQ AMZN traded up $0.23 during trading on Thursday, reaching $201.36. 27,266,712 shares of the company's stock traded hands, compared to its average volume of 38,409,055. The company's 50 day simple moving average is $217.91 and its two-hundred day simple moving average is $208.80. 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 has a market cap of $2.13 trillion, a price-to-earnings ratio of 36.41, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19.

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Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating 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 forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AMZN. Wells Fargo & Company lowered their price objective on Amazon.com from $207.00 to $203.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 25th. Loop Capital upped their price target on shares of Amazon.com from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Wednesday, February 12th. Jefferies Financial Group raised their price objective on shares of Amazon.com from $235.00 to $275.00 and gave the company a "buy" rating in a research report on Monday, December 16th. TD Cowen lifted their target price on shares of Amazon.com from $240.00 to $265.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Finally, BMO Capital Markets reiterated an "outperform" rating and issued a $236.00 price target on shares of Amazon.com in a research note on Tuesday, December 3rd. 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 data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $260.65.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 27,500 shares of the firm's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the sale, the chief executive officer now directly owns 497,067 shares in the company, valued at approximately $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 accessible through this link. Also, VP Shelley Reynolds sold 8,833 shares of the business'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 completion of the transaction, the vice president now owns 119,780 shares in the company, valued at $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,298 shares of company stock valued at $22,871,828. 10.80% of the stock is owned by corporate insiders.

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.