Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Xponance Inc.

Xponance Inc. lifted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,315,548 shares of the e-commerce giant's stock after purchasing an additional 72,558 shares during the period. Amazon.com accounts for about 4.6% of Xponance Inc.'s investment portfolio, making the stock its 4th biggest position. Xponance Inc.'s holdings in Amazon.com were worth $508,008,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Rench Wealth Management Inc. increased its position in shares of Amazon.com by 7.9% in the 3rd quarter. Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant's stock valued at $9,392,000 after acquiring an additional 3,703 shares during the period. Blankinship & Foster LLC grew its position in Amazon.com by 216.4% during the 3rd quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant's stock worth $1,291,000 after purchasing an additional 4,740 shares during the period. One Wealth Capital Management LLC acquired a new stake in Amazon.com during the 4th quarter worth about $4,270,000. Floyd Financial Group LLC acquired a new stake in Amazon.com during the 4th quarter worth about $4,494,000. Finally, Patton Albertson Miller Group LLC boosted its position in Amazon.com by 2.7% during the fourth quarter. Patton Albertson Miller Group LLC now owns 18,790 shares of the e-commerce giant's stock worth $4,122,000 after purchasing an additional 495 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 6.9 %

NASDAQ:AMZN traded up $11.87 on Wednesday, reaching $185.05. The stock had a trading volume of 19,698,765 shares, compared to its average volume of 41,749,674. The stock has a market cap of $1.96 trillion, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The company has a 50-day moving average of $196.07 and a 200 day moving average of $207.85. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released 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%. On average, research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

AMZN has been the subject of several research reports. Piper Sandler reiterated an "overweight" rating and set a $265.00 price target (up from $225.00) on shares of Amazon.com in a research report on Friday, February 7th. Bank of America dropped their price target on Amazon.com from $257.00 to $225.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Raymond James reiterated an "outperform" rating and set a $195.00 price target (down from $275.00) on shares of Amazon.com in a research report on Monday. Rosenblatt Securities boosted their price target on Amazon.com from $236.00 to $287.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Finally, JMP Securities dropped their target price on Amazon.com from $285.00 to $240.00 and set a "market outperform" rating for the company in a report on Monday, April 14th. Two investment analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company. According to MarketBeat, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus price target of $248.13.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction 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 completion of the sale, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 value of $4,585,989.60. Following the completion of the sale, the chief executive officer now owns 2,118,886 shares of the company's stock, valued at approximately $467,532,195.90. This trade represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,798 shares of company stock worth $23,341,803. 10.80% of the stock is owned by company insiders.

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.