Texas Capital Bancshares Inc. TX grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1,900.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 2,500 shares of the e-commerce giant's stock after acquiring an additional 2,375 shares during the quarter. Texas Capital Bancshares Inc. TX's holdings in Amazon.com were worth $266,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMZN. Savior LLC boosted its position in shares of Amazon.com by 1,085.0% during the 2nd quarter. Savior LLC now owns 237 shares of the e-commerce giant's stock valued at $25,000 after acquiring an additional 217 shares during the last quarter. Rocky Mountain Advisers LLC lifted its position in Amazon.com by 1,311.8% in the second quarter. Rocky Mountain Advisers LLC now owns 240 shares of the e-commerce giant's stock worth $25,000 after buying an additional 223 shares during the last quarter. Iron Horse Wealth Management LLC lifted its position in Amazon.com by 4,540.0% in the second quarter. Iron Horse Wealth Management LLC now owns 232 shares of the e-commerce giant's stock worth $25,000 after buying an additional 227 shares during the last quarter. Maryland Capital Advisors Inc. lifted its position in Amazon.com by 1,900.0% in the second quarter. Maryland Capital Advisors Inc. now owns 300 shares of the e-commerce giant's stock worth $32,000 after buying an additional 285 shares during the last quarter. Finally, West Financial Advisors LLC lifted its position in Amazon.com by 1,584.2% in the second quarter. West Financial Advisors LLC now owns 320 shares of the e-commerce giant's stock worth $34,000 after buying an additional 301 shares during the last quarter. 57.15% of the stock is currently owned by institutional investors.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $93.41 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.68 and a current ratio of 0.94. The company has a market cap of $952.94 billion, a PE ratio of 85.74, a P/E/G ratio of 6.29 and a beta of 1.23. The business has a 50-day simple moving average of $107.80 and a two-hundred day simple moving average of $116.45. Amazon.com, Inc. has a fifty-two week low of $85.87 and a fifty-two week high of $181.68.

Insiders Place Their Bets

In other Amazon.com news, CEO Adam Selipsky sold 520 shares of the firm's stock in a transaction dated Thursday, September 29th. The stock was sold at an average price of $114.61, for a total value of $59,597.20. Following the completion of the sale, the chief executive officer now owns 114,660 shares of the company's stock, valued at $13,141,182.60. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Douglas J. Herrington sold 15,787 shares of Amazon.com stock in a transaction dated Tuesday, November 15th. The stock was sold at an average price of $103.10, for a total transaction of $1,627,639.70. Following the completion of the sale, the chief executive officer now owns 522,251 shares of the company's stock, valued at $53,844,078.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Adam Selipsky sold 520 shares of Amazon.com stock in a transaction dated Thursday, September 29th. The stock was sold at an average price of $114.61, for a total value of $59,597.20. Following the sale, the chief executive officer now directly owns 114,660 shares of the company's stock, valued at approximately $13,141,182.60. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 303,988 shares of company stock valued at $11,164,283. 12.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of analyst reports. Monness Crespi & Hardt lowered their price target on Amazon.com from $172.00 to $136.00 and set a "buy" rating for the company in a research report on Friday, October 28th. Deutsche Bank Aktiengesellschaft lowered their price target on Amazon.com from $150.00 to $130.00 and set a "buy" rating for the company in a research report on Friday, October 28th. Telsey Advisory Group lowered their price target on Amazon.com from $150.00 to $140.00 and set an "outperform" rating for the company in a research report on Friday, October 28th. Wells Fargo & Company decreased their target price on Amazon.com from $200.00 to $155.00 and set an "overweight" rating for the company in a research report on Friday, October 28th. Finally, StockNews.com began coverage on Amazon.com in a research report on Wednesday, October 12th. They set a "hold" rating for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and forty-one have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $149.40.

Amazon.com Profile

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Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

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