Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Matthew 25 Management Corp

Matthew 25 Management Corp grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 140,000 shares of the e-commerce giant's stock after buying an additional 5,000 shares during the period. Amazon.com makes up 9.7% of Matthew 25 Management Corp's investment portfolio, making the stock its 2nd biggest holding. Matthew 25 Management Corp's holdings in Amazon.com were worth $30,715,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Accordant Advisory Group Inc raised 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 valued at $27,000 after buying an additional 100 shares in the last quarter. Icon Wealth Advisors LLC increased 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 acquiring an additional 25,581 shares during the period. Bull Oak Capital LLC acquired a new position in Amazon.com in the third quarter worth about $45,000. Quattro Financial Advisors LLC lifted its stake 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 worth $51,000 after purchasing an additional 45 shares during the period. Finally, Compass Planning Associates Inc acquired a new stake in Amazon.com during the fourth quarter valued at approximately $51,000. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 0.1 %

AMZN traded up $0.23 during trading on Thursday, reaching $201.36. The company had a trading volume of 27,270,110 shares, compared to its average volume of 38,432,190. The company has a market cap of $2.13 trillion, a P/E ratio of 36.41, a PEG ratio of 1.50 and a beta of 1.19. 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 business's fifty day moving average price is $217.53 and its 200 day moving average price is $208.75.

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Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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%. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the sale, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. The trade was a 0.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Shelley Reynolds sold 8,833 shares of the company'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 of the company's stock, valued at approximately $26,647,456.60. This trade represents a 6.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 102,298 shares of company stock worth $22,871,828 over the last three months. Corporate insiders own 10.80% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Wedbush reissued an "outperform" rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, February 7th. Barclays increased their price objective on Amazon.com from $235.00 to $265.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. JPMorgan Chase & Co. boosted their target price on shares of Amazon.com from $250.00 to $280.00 and gave the company an "overweight" rating in a research note on Wednesday, December 18th. Piper Sandler reiterated an "overweight" rating and set a $265.00 target price (up previously from $225.00) on shares of Amazon.com in a research report on Friday, February 7th. Finally, Wells Fargo & Company cut their price target on shares of Amazon.com from $207.00 to $203.00 and set an "equal weight" rating for the company in a report on Tuesday, February 25th. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and an average target price of $260.65.

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.