Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Versant Capital Management Inc

Versant Capital Management Inc boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 39.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,301 shares of the e-commerce giant's stock after acquiring an additional 3,466 shares during the period. Versant Capital Management Inc's holdings in Amazon.com were worth $2,699,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Icon Wealth Advisors LLC boosted its holdings in Amazon.com by 20.5% in the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock valued at $28,000 after purchasing an additional 25,581 shares in the last quarter. PayPay Securities Corp lifted its position in shares of Amazon.com by 64.6% during the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock worth $32,000 after buying an additional 64 shares during the last quarter. Hoese & Co LLP acquired a new position in shares of Amazon.com in the 3rd quarter valued at $37,000. Bull Oak Capital LLC purchased a new position in shares of Amazon.com in the 3rd quarter valued at $45,000. Finally, Values First Advisors Inc. acquired a new stake in Amazon.com during the 3rd quarter worth $56,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Shares of NASDAQ AMZN traded up $5.28 on Friday, hitting $225.94. The company's stock had a trading volume of 42,097,354 shares, compared to its average volume of 27,997,364. The stock has a 50 day moving average of $217.91 and a 200-day moving average of $196.28. The company has a market capitalization of $2.38 trillion, a price-to-earnings ratio of 48.38, a price-to-earnings-growth ratio of 1.22 and a beta of 1.14. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $233.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.14 by $0.29. The firm had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. Amazon.com's revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 EPS. As a group, research analysts predict that Amazon.com, Inc. will post 5.38 EPS for the current year.

Wall Street Analyst Weigh In

AMZN has been the topic of several research reports. Redburn Atlantic raised their price objective on Amazon.com from $225.00 to $235.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Susquehanna lifted their price target on Amazon.com from $220.00 to $230.00 and gave the stock a "positive" rating in a research report on Friday, November 1st. Needham & Company LLC restated a "buy" rating and set a $250.00 target price on shares of Amazon.com in a research report on Tuesday, December 10th. Wells Fargo & Company increased their price target on shares of Amazon.com from $197.00 to $212.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 14th. Finally, UBS Group lifted their price objective on shares of Amazon.com from $230.00 to $264.00 and gave the company a "buy" rating in a research note on Monday, December 16th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $245.65.

Insider Activity at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 4,351 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the transaction, the director now owns 88,203 shares of the company's stock, valued at $20,273,459.55. This represents a 4.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of Amazon.com stock in a transaction on Friday, November 8th. The shares were sold at an average price of $208.85, for a total value of $625,790,203.70. Following the completion of the sale, the insider now directly owns 917,416,976 shares of the company's stock, valued at approximately $191,602,535,437.60. This represents a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,032,344 shares of company stock valued at $1,253,456,822 over the last quarter. Insiders own 10.80% of the company's stock.

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.