Amazon.com, Inc. (AMZN) Position Held by Herald Investment Management Ltd

Herald Investment Management Ltd maintained its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,000 shares of the e-commerce giant’s stock at the end of the fourth quarter. Herald Investment Management Ltd’s holdings in Amazon.com were worth $1,500,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. State Street Corp boosted its position in Amazon.com by 3.5% in the fourth quarter. State Street Corp now owns 16,357,782 shares of the e-commerce giant’s stock valued at $12,266,213,000 after buying an additional 548,945 shares during the period. BlackRock Institutional Trust Company N.A. boosted its position in Amazon.com by 2.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 10,317,381 shares of the e-commerce giant’s stock valued at $8,638,846,000 after buying an additional 237,004 shares during the period. BlackRock Fund Advisors boosted its position in Amazon.com by 4.2% in the third quarter. BlackRock Fund Advisors now owns 4,893,066 shares of the e-commerce giant’s stock valued at $4,097,013,000 after buying an additional 198,927 shares during the period. Northern Trust Corp boosted its position in Amazon.com by 1.3% in the third quarter. Northern Trust Corp now owns 4,637,241 shares of the e-commerce giant’s stock valued at $3,882,808,000 after buying an additional 59,052 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in Amazon.com by 0.5% in the third quarter. Bank of New York Mellon Corp now owns 4,314,655 shares of the e-commerce giant’s stock valued at $3,612,703,000 after buying an additional 21,840 shares during the period. 65.08% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Amazon.com, Inc. (NASDAQ:AMZN) traded down 0.39% during mid-day trading on Friday, hitting $898.53. The stock had a trading volume of 2,370,775 shares. Amazon.com, Inc. has a 52-week low of $599.20 and a 52-week high of $923.72. The firm has a 50-day moving average of $871.22 and a 200-day moving average of $817.02. The stock has a market cap of $428.75 billion, a P/E ratio of 183.37 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 2nd. The e-commerce giant reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.19. Amazon.com had a net margin of 1.74% and a return on equity of 13.87%. The business earned $43.74 billion during the quarter, compared to the consensus estimate of $44.66 billion. During the same quarter in the prior year, the firm earned $1.00 earnings per share. The business’s quarterly revenue was up 22.4% compared to the same quarter last year. On average, analysts forecast that Amazon.com, Inc. will post $7.24 EPS for the current fiscal year.

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Several research firms recently weighed in on AMZN. Cantor Fitzgerald restated an “overweight” rating on shares of Amazon.com in a research report on Monday, April 10th. Barclays PLC restated an “overweight” rating and set a $1,120.00 price target on shares of Amazon.com in a research report on Tuesday. Goldman Sachs Group Inc restated a “buy” rating on shares of Amazon.com in a research report on Thursday, January 5th. Jefferies Group LLC set a $975.00 price target on Amazon.com and gave the company a “buy” rating in a research report on Friday, February 3rd. Finally, JMP Securities restated a “positive” rating on shares of Amazon.com in a research report on Friday, February 3rd. Five investment analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $961.29.

In related news, insider David Zapolsky sold 503 shares of the firm’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $850.00, for a total value of $427,550.00. Following the completion of the sale, the insider now owns 2,523 shares in the company, valued at $2,144,550. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Tom A. Alberg sold 590 shares of the firm’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $850.00, for a total transaction of $501,500.00. Following the completion of the sale, the director now owns 22,525 shares of the company’s stock, valued at approximately $19,146,250. The disclosure for this sale can be found here. 17.70% of the stock is owned by company insiders.

About Amazon.com

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.

5 Day Chart for NASDAQ:AMZN

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