Mizuho Securities Co. Ltd. Sells 4,940 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Mizuho Securities Co. Ltd. cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 92.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 380 shares of the e-commerce giant's stock after selling 4,940 shares during the period. Amazon.com accounts for about 1.3% of Mizuho Securities Co. Ltd.'s investment portfolio, making the stock its 23rd biggest holding. Mizuho Securities Co. Ltd.'s holdings in Amazon.com were worth $84,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Swedbank AB raised its position in Amazon.com by 1.4% during the third quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant's stock worth $2,484,864,000 after acquiring an additional 183,610 shares in the last quarter. Sassicaia Capital Advisers LLC acquired a new position in shares of Amazon.com during the 3rd quarter worth about $279,000. Howard Capital Management Group LLC raised its holdings in shares of Amazon.com by 0.3% in the 3rd quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant's stock valued at $66,434,000 after purchasing an additional 897 shares during the period. Pettinga Financial Advisors LLC lifted its stake in Amazon.com by 4.3% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 5,512 shares of the e-commerce giant's stock valued at $1,027,000 after purchasing an additional 225 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Amazon.com by 5.1% during the third quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant's stock worth $3,757,589,000 after purchasing an additional 984,570 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Up 1.3 %

Shares of Amazon.com stock traded up $2.45 during midday trading on Friday, reaching $188.99. The company had a trading volume of 36,349,105 shares, compared to its average volume of 41,913,658. The firm has a market cap of $2.00 trillion, a PE ratio of 34.18, a P/E/G ratio of 1.50 and a beta of 1.39. The stock has a fifty day moving average price of $193.52 and a 200 day moving average price of $207.90. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (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%. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 14,620 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $223.14, for a total transaction of $3,262,306.80. Following the completion of the sale, the chief financial officer now owns 49,000 shares in the company, valued at approximately $10,933,860. The trade was a 22.98 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the transaction, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.09. The trade was a 5.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on AMZN shares. Rosenblatt Securities raised their price objective on Amazon.com from $236.00 to $287.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Phillip Securities downgraded shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, February 10th. Canaccord Genuity Group restated a "buy" rating on shares of Amazon.com in a research note on Thursday, February 13th. Mizuho decreased their price target on shares of Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 9th. Finally, Scotiabank lowered their price target on shares of Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating on the stock in a report on Monday, April 21st. Two investment analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $247.56.

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.