Builder Investment Group Inc. ADV Invests $217,000 in Amazon.com, Inc. (NASDAQ:AMZN)

Builder Investment Group Inc. ADV acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the 4th quarter, Holdings Channel.com reports. The firm acquired 1,429 shares of the e-commerce giant’s stock, valued at approximately $217,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Amazon.com by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock worth $96,350,832,000 after purchasing an additional 32,038,029 shares in the last quarter. State Street Corp increased its stake in Amazon.com by 1.0% in the 3rd quarter. State Street Corp now owns 329,849,003 shares of the e-commerce giant’s stock worth $37,272,937,000 after buying an additional 3,121,516 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Amazon.com by 1,838.8% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock worth $33,134,481,000 after buying an additional 295,880,050 shares in the last quarter. FMR LLC increased its stake in Amazon.com by 7.7% in the 3rd quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock worth $38,403,135,000 after buying an additional 21,649,871 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Amazon.com by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 170,151,722 shares of the e-commerce giant’s stock worth $22,116,108,000 after buying an additional 4,842,542 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AMZN has been the subject of a number of analyst reports. Sanford C. Bernstein increased their price target on Amazon.com from $175.00 to $200.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. JMP Securities increased their price objective on shares of Amazon.com from $175.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Evercore ISI increased their price objective on shares of Amazon.com from $195.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Benchmark increased their price objective on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Finally, Royal Bank of Canada increased their price objective on shares of Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Amazon.com has an average rating of “Buy” and a consensus price target of $201.43.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $183.62 on Tuesday. The firm has a market cap of $1.91 trillion, a PE ratio of 63.32, a price-to-earnings-growth ratio of 1.62 and a beta of 1.17. The firm’s 50 day simple moving average is $176.60 and its 200-day simple moving average is $155.79. Amazon.com, Inc. has a one year low of $101.15 and a one year high of $189.77. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. The business had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the company posted $0.21 earnings per share. As a group, equities analysts predict that Amazon.com, Inc. will post 4.08 EPS for the current year.

Insider Activity at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the transaction, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, insider Jeffrey P. Bezos sold 5,998,849 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total transaction of $1,020,764,145.84. Following the transaction, the insider now directly owns 982,252,968 shares of the company’s stock, valued at $167,140,165,034.88. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the transaction, the chief executive officer now directly owns 116,560 shares in the company, valued at $18,150,723.20. The disclosure for this sale can be found here. Insiders have sold a total of 32,214,010 shares of company stock valued at $5,505,874,846 over the last ninety days. 12.70% of the stock is owned by company insiders.

Amazon.com Profile

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.