Napatree Capital LLC Makes New Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Napatree Capital LLC bought a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 7,556 shares of the e-commerce giant's stock, valued at approximately $1,148,000. Amazon.com makes up approximately 1.2% of Napatree Capital LLC's investment portfolio, making the stock its 22nd biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the 4th quarter valued at $30,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of Amazon.com by 45.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant's stock valued at $42,000 after purchasing an additional 86 shares during the last quarter. Strid Group LLC bought a new position in shares of Amazon.com during the 4th quarter valued at $43,000. Harbor Investment Advisory LLC grew its holdings in shares of Amazon.com by 0.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant's stock valued at $46,000 after purchasing an additional 1,988 shares during the last quarter. Finally, Clarity Asset Management Inc. bought a new position in shares of Amazon.com during the 4th quarter valued at $46,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the transaction, the chief executive officer now owns 132,600 shares in the company, valued at approximately $23,868,000. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $180.29, for a total value of $631,015.00. Following the sale, the chief executive officer now owns 509,358 shares of the company's stock, valued at approximately $91,832,153.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction of $90,000.00. Following the completion of the sale, the chief executive officer now directly owns 132,600 shares in the company, valued at approximately $23,868,000. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,838 shares of company stock worth $11,984,344. 10.80% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AMZN. Wedbush reissued an "outperform" rating and issued a $225.00 price target on shares of Amazon.com in a report on Wednesday, May 1st. Roth Mkm reaffirmed a "buy" rating and issued a $210.00 target price (up from $205.00) on shares of Amazon.com in a research report on Wednesday, May 1st. Oppenheimer raised their target price on shares of Amazon.com from $210.00 to $220.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 1st. BMO Capital Markets lifted their price target on shares of Amazon.com from $215.00 to $220.00 and gave the company an "outperform" rating in a research report on Wednesday, May 1st. Finally, Barclays lifted their price target on shares of Amazon.com from $220.00 to $230.00 and gave the company an "overweight" rating in a research report on Wednesday, May 1st. One research analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $213.82.

Amazon.com Stock Down 0.4 %

Shares of AMZN stock traded down $0.70 during mid-day trading on Friday, hitting $184.30. 28,021,473 shares of the stock traded hands, compared to its average volume of 34,370,608. The stock has a market cap of $1.92 trillion, a P/E ratio of 51.62, a P/E/G ratio of 1.32 and a beta of 1.14. The stock's fifty day moving average is $182.53 and its two-hundred day moving average is $168.99. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $191.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, beating the consensus estimate of $0.83 by $0.15. The firm had revenue of $143.31 billion during the quarter, compared to analyst estimates of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. Amazon.com's revenue was up 12.5% on a year-over-year basis. During the same period last year, the firm posted $0.31 EPS. Equities analysts predict that Amazon.com, Inc. will post 4.72 EPS for the current year.

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.

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