Silphium Asset Management Ltd Has $5.63 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Silphium Asset Management Ltd increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,659 shares of the e-commerce giant's stock after purchasing an additional 1,584 shares during the period. Amazon.com makes up 1.9% of Silphium Asset Management Ltd's investment portfolio, making the stock its 17th biggest holding. Silphium Asset Management Ltd's holdings in Amazon.com were worth $5,629,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Accordant Advisory Group Inc lifted its stake in shares of Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares during the last quarter. Icon Wealth Advisors LLC raised its holdings in 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 acquiring an additional 25,581 shares during the period. Quattro Financial Advisors LLC lifted its position in Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after acquiring an additional 45 shares during the last quarter. Compass Planning Associates Inc bought a new stake in Amazon.com during the fourth quarter valued at about $51,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at about $54,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the completion of 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock valued at $23,341,803 over the last 90 days. 10.80% of the stock is owned by company insiders.

Amazon.com Price Performance

Shares of NASDAQ AMZN traded down $7.41 during trading on Friday, reaching $171.00. The company had a trading volume of 122,919,361 shares, compared to its average volume of 40,634,140. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The business's 50 day moving average price is $212.18 and its 200-day moving average price is $209.22. The stock has a market cap of $1.81 trillion, a PE ratio of 30.92, a PEG ratio of 1.50 and a beta of 1.39. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping 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%. Analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

AMZN has been the subject of several research analyst reports. Scotiabank boosted their price objective on Amazon.com from $246.00 to $306.00 and gave the stock a "sector outperform" rating in a research report on Friday, January 24th. JPMorgan Chase & Co. increased their price objective on Amazon.com from $250.00 to $280.00 and gave the company an "overweight" rating in a research report on Wednesday, December 18th. Phillip Securities downgraded shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, February 10th. Maxim Group upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, Stifel Nicolaus raised their price target on shares of Amazon.com from $245.00 to $275.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and an average price target of $260.53.

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.