95,300 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Purchased by SPX Gestao de Recursos Ltda

SPX Gestao de Recursos Ltda acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 95,300 shares of the e-commerce giant's stock, valued at approximately $20,908,000. Amazon.com accounts for approximately 3.1% of SPX Gestao de Recursos Ltda's portfolio, making the stock its 10th largest holding.

A number of other institutional investors also recently bought and sold shares of AMZN. Global View Capital Management LLC bought a new position in Amazon.com in the 4th quarter worth $592,000. Briaud Financial Planning Inc lifted its position in shares of Amazon.com by 3,401.7% during the 4th quarter. Briaud Financial Planning Inc now owns 2,101 shares of the e-commerce giant's stock valued at $460,000 after buying an additional 2,041 shares in the last quarter. Cornerstone Advisors LLC grew its stake in shares of Amazon.com by 0.5% during the 4th quarter. Cornerstone Advisors LLC now owns 487,900 shares of the e-commerce giant's stock valued at $107,040,000 after acquiring an additional 2,600 shares during the period. King Luther Capital Management Corp raised its stake in Amazon.com by 0.3% during the 4th quarter. King Luther Capital Management Corp now owns 3,380,014 shares of the e-commerce giant's stock worth $741,541,000 after acquiring an additional 9,777 shares during the period. Finally, Morling Financial Advisors LLC lifted its holdings in Amazon.com by 1.2% during the fourth quarter. Morling Financial Advisors LLC now owns 8,676 shares of the e-commerce giant's stock valued at $1,903,000 after purchasing an additional 104 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on AMZN shares. Citigroup lowered their target price on shares of Amazon.com from $273.00 to $225.00 and set a "buy" rating on the stock in a research note on Monday. Barclays increased their price target on Amazon.com from $235.00 to $265.00 and gave the company an "overweight" rating in a report on Friday, February 7th. Scotiabank upped their price target on shares of Amazon.com from $246.00 to $306.00 and gave the company a "sector outperform" rating in a report on Friday, January 24th. Telsey Advisory Group reiterated an "outperform" rating and issued a $275.00 price target on shares of Amazon.com in a report on Friday, February 7th. Finally, Raymond James upped their price objective on Amazon.com from $260.00 to $275.00 in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and a consensus price target of $253.56.

Insiders Place Their Bets

In related news, CFO Brian T. Olsavsky sold 14,620 shares of Amazon.com stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $223.14, for a total value of $3,262,306.80. Following the completion of the transaction, the chief financial officer now directly owns 49,000 shares in the company, valued at approximately $10,933,860. This trade represents a 22.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now directly owns 497,067 shares in the company, valued at approximately $114,459,618.09. This 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 worth $23,341,803 in the last three months. 10.80% of the stock is owned by insiders.

Amazon.com Trading Down 0.9 %

Shares of AMZN traded down $1.72 during mid-day trading on Tuesday, hitting $180.41. The company had a trading volume of 7,120,100 shares, compared to its average volume of 41,507,051. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The business's 50-day simple moving average is $203.14 and its 200-day simple moving average is $208.50. The stock has a market cap of $1.91 trillion, a PE ratio of 32.52, a P/E/G ratio of 1.50 and a beta of 1.39. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results 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 return on equity of 24.25% and a net margin of 9.29%. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.