Amazon.com, Inc. (NASDAQ:AMZN) is Zeno Equity Partners LLP's 4th Largest Position

Zeno Equity Partners LLP boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 151,609 shares of the e-commerce giant's stock after purchasing an additional 4,555 shares during the quarter. Amazon.com comprises 10.0% of Zeno Equity Partners LLP's holdings, making the stock its 4th largest holding. Zeno Equity Partners LLP's holdings in Amazon.com were worth $33,261,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Trivest Advisors Ltd boosted its position in Amazon.com by 46.8% in the fourth quarter. Trivest Advisors Ltd now owns 790,000 shares of the e-commerce giant's stock worth $173,318,000 after purchasing an additional 252,000 shares during the last quarter. Milestone Resources Group Ltd raised its stake in shares of Amazon.com by 16.8% in the fourth quarter. Milestone Resources Group Ltd now owns 1,382,655 shares of the e-commerce giant's stock valued at $303,341,000 after buying an additional 198,739 shares during the period. Kazazian Asset Management LLC bought a new stake in shares of Amazon.com in the fourth quarter valued at $8,687,000. Generali Investments Management Co LLC bought a new stake in shares of Amazon.com during the 4th quarter valued at $24,388,000. Finally, Richmond Brothers Inc. bought a new stake in shares of Amazon.com during the 4th quarter valued at $209,000. 72.20% of the stock is owned by institutional investors.

Insider Activity

In other news, VP Shelley Reynolds sold 8,833 shares of the business's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the completion of the transaction, the vice president now owns 119,780 shares of the company's stock, valued at $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the transaction, the chief executive officer now directly owns 497,067 shares of the company's stock, 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 sold a total of 104,798 shares of company stock valued at $23,341,803 over the last 90 days. Insiders own 10.80% of the company's stock.

Amazon.com Price Performance

AMZN stock traded up $4.10 during trading on Thursday, reaching $184.70. 13,189,772 shares of the company were exchanged, compared to its average volume of 41,826,105. The company has a market cap of $1.96 trillion, a P/E ratio of 33.38, a PEG ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The stock's 50 day moving average price is $195.11 and its 200 day moving average price is $207.66. 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 released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on AMZN shares. Mizuho decreased their target price on Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 9th. Piper Sandler reaffirmed an "overweight" rating and issued a $265.00 price target (up from $225.00) on shares of Amazon.com in a research note on Friday, February 7th. Bank of America decreased their target price on shares of Amazon.com from $257.00 to $225.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Barclays boosted their price objective on shares of Amazon.com from $235.00 to $265.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. Finally, HSBC boosted their price objective on shares of Amazon.com from $225.00 to $270.00 and gave the company a "buy" rating in a research report on Monday, January 13th. Two analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $247.56.

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.