Amazon.com, Inc. (NASDAQ:AMZN) Shares purchased by Blue Fin Capital Inc.

According to the latest 13F filing submitted to the SEC, Blue Fin Capital Inc. increased its shares in Amazon.com, Inc. (NASDAQ:AMZN) up 2.6% in the fourth quarter. The fund owned 123,806 shares of the e-commerce giant after purchasing an additional 3,188 shares during the quarter. Amazon.com comprises approximately 4.8% of Blue Fin Capital Inc.’s investment portfolio, making it the fourth largest. According to the latest filing with the SEC, shares of Blue Fin Capital Inc. on Amazon.com they were worth $18,811,000.

Several other hedge funds also recently bought and sold AMZN stock. In the third quarter, Vanguard Group Inc. increased its stake in Amazon.com shares 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 during the period. FMR LLC increased its stake in shares of Amazon.com by 7.7% in the 3rd quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after purchasing an additional 21,649,871 shares during the period. Northern Trust Corp increased its holdings in shares of 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 purchasing an additional 3,260,411 shares during the period. Jennison Associates LLC increased its position in shares of 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 worth $8,565,017,000 after purchasing an additional 1,389,503 shares in the last quarter. Finally, in the third quarter, Charles Schwab Investment Management Inc. increased its position in Amazon.com shares by 2.8%. Charles Schwab Investment Management Inc. now owns 50,395,031 shares of the e-commerce giant’s stock valued at $6,406,216,000 after purchasing an additional 1,374,052 shares during the period. Hedge funds and other institutional investors hold 72.20% of the company’s shares.

Amazon.com sales decreased by 0.2%

On Friday, NASDAQ AMZN opened at $180.75. The company’s market capitalization is $1.88 trillion, its price-to-earnings ratio is 50.63, its price-to-earnings growth ratio is 1.30, and its beta is 1.15. 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, Inc. it has a 12 month low of $114.31 and a 12 month high of $191.70. The company’s fifty-day moving average price is $182.04 and its two-hundred-day moving average price is $166.22.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported EPS of $0.98 for the quarter, $0.15 above the consensus estimate of $0.83. The company’s revenue for the quarter was $143.31 billion, compared to analyst expectations of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s quarterly revenues increased by 12.5% compared to the same quarter last year. During the same quarter last year, the company reported earnings per share of $0.31. Analysts predict that as a group, Amazon.com, Inc. will see 4.72 earnings per share for the current fiscal year.

The Wall Street analyst concludes

Many analysts have published reports on AMZN stock. The Goldman Sachs Group increased their target price on Amazon.com from $220.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Maxim Group lowered their target price on shares of Amazon.com from $318.00 to $238.00 and gave the stock a “buy” rating in a report on Wednesday, May 1. Loop Capital increased their target price on shares of Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Monday, May 6. Roth Mkm reissued a “buy” rating and set a $210.00 price target (up from $205.00) for shares of Amazon.com in a research note on Wednesday, May 1st. Finally, Canaccord Genuity Group raised their price target on Amazon.com from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. One equity research analyst rated the stock with a hold rating, forty-four gave it a buy rating and one gave it a strong buy rating. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $211.62.

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In other news, Director Jonathan Rubinstein sold 5,264 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $190.00, for a total value of $1,000,160.00. Following the completion of the sale, the director now directly owns 104,400 shares of the company’s stock, valued at approximately $19,836,000. The sale was disclosed in a document filed with the Securities and Exchange Commission, which is available at this hyperlink. In other news, Director Jonathan Rubinstein sold 5,264 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $190.00, for a total value of $1,000,160.00. Following the transaction, the director now directly owns 104,400 shares of the company’s stock, valued at approximately $19,836,000. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which is available at this link. Additionally, Keith Brian Alexander, director, sold 1,000 shares of Amazon.com stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $186.22, for a total transaction amount of $186,220.00. Following the closing of the transaction, the director now directly owns 4,760 shares of the company’s stock valued at $886,407.20. The announcement of this sale can be found here. In the last quarter, insiders sold a total of 117,894 shares of company stock worth $21,363,909. Insiders own 10.80% of the company’s shares.

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.

Amazon.com sales decreased by 0.2%

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