Moseley Investment Management Inc. Purchases 4,463 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Moseley Investment Management Inc. lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,212 shares of the e-commerce giant's stock after purchasing an additional 4,463 shares during the period. Amazon.com comprises about 4.3% of Moseley Investment Management Inc.'s investment portfolio, making the stock its 4th largest position. Moseley Investment Management Inc.'s holdings in Amazon.com were worth $8,696,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Members Trust Co lifted its stake in Amazon.com by 8.9% in the fourth quarter. Members Trust Co now owns 4,157 shares of the e-commerce giant's stock worth $638,000 after acquiring an additional 341 shares during the period. Cherrydale Wealth Management LLC lifted its position in shares of Amazon.com by 14.7% during the fourth quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant's stock valued at $799,000 after buying an additional 675 shares during the last quarter. Tompkins Financial Corp lifted its position in shares of Amazon.com by 3.3% during the fourth quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant's stock valued at $10,875,000 after buying an additional 2,273 shares during the last quarter. Nicholas Company Inc. lifted its position in shares of Amazon.com by 3.9% during the third quarter. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant's stock valued at $89,628,000 after buying an additional 26,465 shares during the last quarter. Finally, Nordea Investment Management AB lifted its position in shares of Amazon.com by 5.4% during the fourth quarter. Nordea Investment Management AB now owns 5,397,520 shares of the e-commerce giant's stock valued at $825,065,000 after buying an additional 277,631 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the firm's stock in a transaction on Monday, April 1st. The stock was sold at an average price of $180.73, for a total value of $632,555.00. Following the transaction, the chief executive officer now owns 512,858 shares in the company, valued at approximately $92,688,826.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $181.39, for a total transaction of $489,753.00. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $21,726,894.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Monday, April 1st. The stock was sold at an average price of $180.73, for a total value of $632,555.00. Following the transaction, the chief executive officer now owns 512,858 shares in the company, valued at approximately $92,688,826.34. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,838 shares of company stock worth $11,984,344. Corporate insiders own 10.80% of the company's stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN traded down $1.25 during midday trading on Wednesday, reaching $182.81. 36,659,157 shares of the company's stock traded hands, compared to its average volume of 31,811,844. Amazon.com, Inc. has a 1 year low of $118.35 and a 1 year high of $191.70. The company has a market cap of $1.90 trillion, a P/E ratio of 51.21, a PEG ratio of 1.32 and a beta of 1.14. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. The company has a fifty day simple moving average of $182.78 and a two-hundred day simple moving average of $170.96.

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

Analysts Set New Price Targets

Several analysts have commented on the stock. Barclays increased 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. Wells Fargo & Company increased their price target on shares of Amazon.com from $217.00 to $234.00 and gave the company an "overweight" rating in a research report on Wednesday, May 1st. Piper Sandler increased their price objective on shares of Amazon.com from $205.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, May 1st. Rosenblatt Securities reaffirmed a "buy" rating and issued a $220.00 price objective on shares of Amazon.com in a research report on Wednesday, May 1st. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $210.00 price objective (up from $205.00) on shares of Amazon.com in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Amazon.com presently has an average rating of "Buy" and a consensus target price of $213.82.

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.