Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Hamilton Point Investment Advisors LLC

Hamilton Point Investment Advisors LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,893 shares of the e-commerce giant’s stock after acquiring an additional 282 shares during the quarter. Hamilton Point Investment Advisors LLC’s holdings in Amazon.com were worth $592,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. LS Investment Advisors LLC increased its stake in shares of Amazon.com by 91.9% in the 3rd quarter. LS Investment Advisors LLC now owns 8,759 shares of the e-commerce giant’s stock worth $1,113,000 after acquiring an additional 4,195 shares during the last quarter. Clarity Financial LLC raised its stake in Amazon.com by 89.4% during the third quarter. Clarity Financial LLC now owns 95,974 shares of the e-commerce giant’s stock worth $12,200,000 after purchasing an additional 45,290 shares during the period. Secure Asset Management LLC boosted its holdings in Amazon.com by 32.8% in the 3rd quarter. Secure Asset Management LLC now owns 35,976 shares of the e-commerce giant’s stock valued at $4,573,000 after purchasing an additional 8,893 shares during the last quarter. Oak Thistle LLC boosted its holdings in Amazon.com by 252.3% in the 3rd quarter. Oak Thistle LLC now owns 9,802 shares of the e-commerce giant’s stock valued at $1,246,000 after purchasing an additional 7,020 shares during the last quarter. Finally, Next Capital Management LLC grew its stake in shares of Amazon.com by 82.0% in the 3rd quarter. Next Capital Management LLC now owns 154,128 shares of the e-commerce giant’s stock valued at $19,593,000 after buying an additional 69,427 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $186.21 on Monday. The stock has a market cap of $1.94 trillion, a P/E ratio of 52.16, a P/E/G ratio of 1.38 and a beta of 1.15. Amazon.com, Inc. has a twelve month low of $103.31 and a twelve month high of $189.77. The stock has a 50 day moving average of $179.02 and a two-hundred day moving average of $160.75. The company has a current ratio of 1.07, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, beating the consensus estimate of $0.83 by $0.15. The firm had revenue of $143.31 billion during the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. Amazon.com’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.31 EPS. On average, research analysts forecast that Amazon.com, Inc. will post 4.67 earnings per share for the current year.

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $180.29, for a total transaction of $631,015.00. Following the completion of the sale, the chief executive officer now directly owns 509,358 shares of the company’s stock, valued at approximately $91,832,153.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $180.29, for a total transaction of $631,015.00. Following the completion of the transaction, the chief executive officer now owns 509,358 shares in the company, valued at approximately $91,832,153.82. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total transaction of $523,807.00. Following the completion of the sale, the vice president now directly owns 119,780 shares in the company, valued at approximately $20,239,226.60. The disclosure for this sale can be found here. Insiders have sold a total of 32,217,010 shares of company stock valued at $5,506,442,301 over the last quarter. 10.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AMZN shares. Mizuho upped their price objective on Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Monness Crespi & Hardt increased their price target on Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. TD Cowen boosted their price objective on shares of Amazon.com from $200.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Bank of America increased their target price on shares of Amazon.com from $185.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Finally, Citigroup boosted their price target on shares of Amazon.com from $235.00 to $245.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. One analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $211.07.

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.