Amazon.com, Inc. (NASDAQ:AMZN) is Yarbrough Capital LLC's 4th Largest Position

Yarbrough Capital LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 865,027 shares of the e-commerce giant's stock after purchasing an additional 1,680 shares during the period. Amazon.com makes up approximately 7.3% of Yarbrough Capital LLC's portfolio, making the stock its 4th biggest holding. Yarbrough Capital LLC's holdings in Amazon.com were worth $189,778,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. StoneCrest Wealth Management Inc. grew its position in Amazon.com by 0.5% during the fourth quarter. StoneCrest Wealth Management Inc. now owns 30,436 shares of the e-commerce giant's stock valued at $6,677,000 after acquiring an additional 155 shares during the last quarter. Kraematon Investment Advisors Inc. lifted its position in Amazon.com by 5.4% during the fourth quarter. Kraematon Investment Advisors Inc. now owns 10,199 shares of the e-commerce giant's stock valued at $2,238,000 after buying an additional 525 shares during the period. Empirical Asset Management LLC increased its holdings in shares of Amazon.com by 361.0% during the fourth quarter. Empirical Asset Management LLC now owns 273,747 shares of the e-commerce giant's stock valued at $60,057,000 after acquiring an additional 214,360 shares in the last quarter. Cvfg LLC bought a new position in shares of Amazon.com during the fourth quarter valued at $1,998,000. Finally, Constitution Capital LLC increased its holdings in Amazon.com by 10.3% in the 4th quarter. Constitution Capital LLC now owns 16,080 shares of the e-commerce giant's stock worth $3,528,000 after buying an additional 1,500 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of recent research reports. Telsey Advisory Group boosted their price target on Amazon.com from $215.00 to $235.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Oppenheimer upped their price objective on Amazon.com from $220.00 to $230.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. Piper Sandler upped their price objective on Amazon.com from $215.00 to $225.00 and gave the company an "overweight" rating in a research report on Friday, November 1st. TD Cowen upped their target price on Amazon.com from $240.00 to $265.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Amazon.com from $225.00 to $232.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and a consensus target price of $249.46.

Amazon.com Stock Down 1.0 %

Shares of Amazon.com stock traded down $2.43 during trading hours on Thursday, reaching $234.64. The company's stock had a trading volume of 31,950,988 shares, compared to its average volume of 32,440,846. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $241.77. The company has a market capitalization of $2.47 trillion, a P/E ratio of 50.24, a P/E/G ratio of 1.31 and a beta of 1.14. The stock's fifty day simple moving average is $222.30 and its two-hundred day simple moving average is $198.30. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The firm had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. During the same period last year, the firm earned $0.85 earnings per share. The business's quarterly revenue was up 11.0% compared to the same quarter last year. On average, research analysts forecast that Amazon.com, Inc. will post 5.39 earnings per share for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 2,996,362 shares of Amazon.com stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $206.75, for a total value of $619,497,843.50. Following the sale, the insider now owns 914,420,614 shares of the company's stock, valued at approximately $189,056,461,944.50. The trade was a 0.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction dated 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 completion of the sale, the director now directly owns 88,203 shares in the company, valued at approximately $20,273,459.55. This represents a 4.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,032,344 shares of company stock valued at $1,253,456,822 over the last ninety days. Corporate insiders own 10.80% of the company's stock.

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.