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

GS Investments Inc. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,590 shares of the e-commerce giant’s stock after acquiring an additional 450 shares during the quarter. Amazon.com accounts for approximately 2.6% of GS Investments Inc.’s portfolio, making the stock its 13th largest holding. GS Investments Inc.’s holdings in Amazon.com were worth $4,770,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AMZN. State Street Corp boosted its holdings in Amazon.com by 1,869.1% during the second quarter. State Street Corp now owns 326,727,487 shares of the e-commerce giant’s stock worth $34,701,726,000 after buying an additional 310,134,486 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Amazon.com by 1,838.8% during the second quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock worth $33,134,481,000 after buying an additional 295,880,050 shares in the last quarter. FMR LLC boosted its holdings in Amazon.com by 1,792.4% during the second quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock worth $30,381,089,000 after buying an additional 270,931,640 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its holdings in Amazon.com by 120,235.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 116,480,298 shares of the e-commerce giant’s stock worth $9,784,345,000 after buying an additional 116,383,502 shares in the last quarter. Finally, Norges Bank purchased a new stake in Amazon.com during the fourth quarter worth about $8,263,591,000. Hedge funds and other institutional investors own 57.96% of the company’s stock.

Amazon.com Price Performance

AMZN opened at $146.13 on Tuesday. The company has a fifty day simple moving average of $133.78 and a 200 day simple moving average of $130.06. The firm has a market cap of $1.51 trillion, a price-to-earnings ratio of 75.72, a PEG ratio of 1.93 and a beta of 1.17. Amazon.com, Inc. has a twelve month low of $81.43 and a twelve month high of $147.29. The company has a current ratio of 0.98, a quick ratio of 0.74 and a debt-to-equity ratio of 0.33.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 26th. The e-commerce giant reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.27. Amazon.com had a net margin of 3.62% and a return on equity of 12.75%. The firm had revenue of $143.08 billion for the quarter, compared to the consensus estimate of $141.53 billion. Equities research analysts expect that Amazon.com, Inc. will post 2.6 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 42,816 shares of the stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $145.13, for a total transaction of $6,213,886.08. Following the transaction, the senior vice president now directly owns 64,380 shares in the company, valued at approximately $9,343,469.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Amazon.com news, SVP David Zapolsky sold 42,816 shares of the stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $145.13, for a total transaction of $6,213,886.08. Following the transaction, the senior vice president now directly owns 64,380 shares in the company, valued at approximately $9,343,469.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Adam Selipsky sold 10,756 shares of the stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $144.60, for a total transaction of $1,555,317.60. Following the transaction, the chief executive officer now owns 117,904 shares in the company, valued at $17,048,918.40. The disclosure for this sale can be found here. Insiders have sold 67,572 shares of company stock worth $9,639,169 in the last ninety days. 12.30% of the stock is owned by insiders.

Analyst Ratings Changes

AMZN has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price target on shares of Amazon.com from $145.00 to $180.00 and gave the company an “overweight” rating in a report on Friday, August 4th. Tigress Financial upped their price target on shares of Amazon.com from $204.00 to $210.00 and gave the company a “buy” rating in a report on Friday, November 10th. Loop Capital upped their price target on shares of Amazon.com from $180.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, August 23rd. Piper Sandler upped their price target on shares of Amazon.com from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, August 24th. Finally, Rosenblatt Securities upped their price target on shares of Amazon.com from $184.00 to $185.00 and gave the company a “buy” rating in a report on Friday, October 27th. One investment analyst has rated the stock with a hold rating and forty-four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $168.93.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.