Mitsubishi UFJ Asset Management UK Ltd. sells 7,500 shares of Amazon.com, Inc. (NASDAQ:AMZN)

According to the latest Form 13F filed with the SEC, Mitsubishi UFJ Asset Management UK Ltd. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) up 35.7% in the fourth quarter. The institutional investor owned 13,500 shares of the e-commerce giant after selling 7,500 shares during the quarter. Amazon.com owns 1.1% of Mitsubishi UFJ Asset Management UK Ltd., which makes it the 23rd largest company. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in Amazon.com were worth $2,051,000, according to its most recent SEC filing.

A number of other hedge funds have also increased or decreased their stakes in the business. In the third quarter, Vanguard Group Inc. increased its shares in Amazon.com by 4.4%. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock valued at $96,350,832,000 after purchasing an additional 32,038,029 shares in the last quarter. FMR LLC increased its holdings in Amazon.com by 7.7% during the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after acquiring an additional 21,649,871 shares during the period. Northern Trust Corp increased its holdings in Amazon.com by 3.7% during the third quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock valued at $11,736,905,000 after acquiring an additional 3,260,411 shares during the period. Jennison Associates LLC increased its holdings in Amazon.com by 2.5% during the fourth quarter. Jennison Associates LLC now owns 56,371,051 shares of the e-commerce giant’s stock valued at $8,565,017,000 after acquiring an additional 1,389,503 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Amazon.com by 3.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 51,920,953 shares of the e-commerce giant’s stock valued at $7,888,870,000 after acquiring an additional 1,525,922 shares during the period. Currently, 72.20% of the shares are in the hands of institutional investors.

Amazon.com turnover increase by 1.1%

AMZN stock opened at $178.34 on Tuesday. The stock has a market capitalization of $1.86 trillion, a PE ratio of 49.96, a P/E/G ratio of 1.26 and a beta of 1.14. Amazon.com, Inc. it has a 1-year low of $118.35 and a 1-year high of $191.70. The company has a 50-day moving average of $182.31 and a 200-day moving average of $167.94. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released quarterly data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping analyst consensus estimates of $0.83 by $0.15. The company’s revenue for the quarter was $143.31 billion, compared to analyst estimates of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s quarterly revenues increased by 12.5% ​​compared to the same quarter last year. During the same period last year, the company earned $0.31 EPS. As a group, sell-side analysts predict that Amazon.com, Inc. will report 4.72 earnings per share for the current year.

Amazon.com Confidential Transactions

In other news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the sale, the CEO now directly owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a filing with the SEC, available at this link. In related news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction amount of $90,000.00. Following the sale, the CEO now directly owns 132,600 shares of the company’s stock, valued at $23,868,000. The transaction was disclosed in a filing with the Securities and Exchange Commission, which is available on the SEC’s website. Additionally, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $181.44 for a total value of $3,771,048.96. Following the sale, the CEO now owns 2,025,358 shares of the company’s stock valued at $367,480,955.52. The announcement of this sale can be found here. Over the last three months, insiders sold 62,338 shares of company stock worth $11,363,829. Currently, insiders own 10.80% of the shares.

The Wall Street analyst concludes

AMZN has been the subject of numerous research reports. Argus raised their price target on Amazon.com from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. Tigress Financial raised their target price on Amazon.com from $210.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, May 30th. Benchmark reissued a “buy” rating and set a $200.00 price target for shares of Amazon.com in a research note on Wednesday, May 1st. Maxim Group lowered their target price on Amazon.com from $318.00 to $238.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Finally, Barclays raised their price target on Amazon.com from $220.00 to $230.00 and gave the company an outperform rating in a research note on Wednesday, May 1st. One analyst rated the stock with a hold rating, forty-four issued a buy rating and one gave a strong buy rating to the stock. According to MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $212.40.

View our latest stock report on Amazon.com

About Amazon.com

(free report)

Amazon.com, Inc. retails consumer products, advertising and subscription services through online and physical stores in North America and abroad. The company operates in three segments: North America, International and Amazon Web Services (AWS). It also manufactures and sells electronic devices including Kindle, Fire tablets, Fire TV, Echo, Ring, Blink and eero; and develops and produces media content.

Recommended articles

Get daily news and ratings for Amazon.com – Enter your email address below to receive a daily concise summary of the latest news and analyst ratings for Amazon.com and related companies with MarketBeat.com’s FREE daily email newsletter.