<div id="readability-page-1"><p>Titleist Asset Management LLC cut its position in  Amazon.com, Inc. (NASDAQ:AMZN) by 7.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 59,151 shares of the e-commerce giant's stock after selling 4,695 shares during the period. Amazon.com comprises about  1.5% of Titleist Asset Management LLC's portfolio, making the stock its 14th largest position. Titleist Asset Management LLC's holdings in Amazon.com were worth $12,977,000 at the end of the most recent reporting period.</p><ul><li>Amazon: Why The Great Comeback Rally Could Be About to Begin</li></ul><p>Several other hedge funds have also added to or reduced their stakes in AMZN. Accordant Advisory Group Inc boosted its holdings in  Amazon.com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after purchasing an additional 100 shares during the last quarter.  Prudent Man Investment Management Inc. bought a new position in  Amazon.com during the fourth quarter worth about $27,000.  Perritt Capital Management Inc raised its stake in  Amazon.com by 72.7% in the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after acquiring an additional 80 shares during the period.  Quattro Financial Advisors LLC lifted its stake in shares of  Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after buying an additional 45 shares during the last quarter.  Finally, Compass Planning Associates Inc bought a new stake in shares of  Amazon.com during the fourth quarter worth approximately $51,000. Institutional investors and hedge funds own  72.20% of the company's stock. </p><h2>Amazon.com Price Performance</h2><p>Shares of AMZN opened at $186.35 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The company's fifty day moving average price is $189.92 and its 200-day moving average price is $208.04. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The firm has a market capitalization of $1.98 trillion, a PE ratio of 33.70, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. </p><ul><li>MarketBeat Week in Review – 04/28 - 05/02</li></ul><p>Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. The business had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company's revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.98 earnings per share.  On average, equities research analysts predict that  Amazon.com, Inc. will post 6.31 EPS for the current year. </p><h2>Insider Activity</h2><p>In other news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the sale, the chief executive officer now owns 2,118,886 shares in the company, valued at $467,532,195.90. This represents a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now owns 497,067 shares of the company's stock, valued at approximately $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 107,298 shares of company stock valued at $23,818,478 in the last ninety days. Insiders own  9.70% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Amazon Earnings: 2 Reasons to Love It, 1 Reason to Be Cautious</li></ul><p>A number of equities analysts have recently commented on the company. Morgan Stanley lowered their price target on Amazon.com from $280.00 to $245.00 and set an &#34;overweight&#34; rating for the company in a report on Monday, April 14th. Westpark Capital  reaffirmed a &#34;buy&#34; rating and issued a $280.00 target price on shares of Amazon.com in a research report on Friday. Jefferies Financial Group decreased their price target on shares of Amazon.com from $250.00 to $240.00 and set a &#34;buy&#34; rating on the stock in a research note on Tuesday, April 22nd. HSBC boosted their target price on shares of Amazon.com from $225.00 to $270.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, January 13th. Finally, DA Davidson dropped their price target on Amazon.com from $280.00 to $230.00 and set a &#34;buy&#34; rating for the company in a research report on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company's stock. According to MarketBeat, Amazon.com currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $243.55.</p><p><b>View Our Latest Analysis on AMZN</b></p><h2>Amazon.com Company Profile</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Amazon.com</li><li>Large Cap Stock Definition and How to Invest</li><li>Monster Beverage Stock: Short Report Risks vs Upside Potential</li><li>What is a Bond Market Holiday? How to Invest and Trade</li><li>Onsemi Stock Confirms Bottom, But What’s the Upside?</li><li>Find and Profitably Trade Stocks at 52-Week Lows</li><li>3 Tech Leaders Announce Buybacks Totaling $85 Billion</li></ul><p><strong>Want to see what other hedge funds are holding AMZN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1aTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1aTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Amazon.com Right Now?</h2><p>Before you consider Amazon.com, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.</p><p>While Amazon.com currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AMZN

<p>Titleist Asset Management LLC reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.4% in Q4, now holding 59,151 shares valued at approximately $12.98 million. Other hedge funds have also adjusted their positions in AMZN. The company's stock opened at $186.35, with a market cap of $1.98 trillion and a PE ratio of 33.70. Amazon reported earnings of $1.59 per share, exceeding estimates, with revenue of $155.67 billion, up 8.6% year-over-year. Insiders have sold shares recently, with CEO Andrew R. Jassy selling 20,784 shares for nearly $4.59 million.</p>

- Titleist Asset Management LLC reduced its stake in Amazon.com, Inc. by 7.4%, holding 59,151 shares valued at approximately $12.98 million.  
- Several hedge funds adjusted their positions in Amazon, with notable increases from Accordant Advisory Group Inc and Perritt Capital Management Inc during the fourth quarter.  
- Amazon reported earnings of $1.59 per share, exceeding estimates, with a revenue of $155.67 billion, reflecting an 8.6% year-over-year increase.

Titleist Asset Management LLC Has $12.98 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)