My Personal CFO LLC Increases Stake in Amazon.com, Inc. (NASDAQ:AMZN)

My Personal CFO LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 137.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,017 shares of the e-commerce giant’s stock after purchasing an additional 2,901 shares during the period. My Personal CFO LLC’s holdings in Amazon.com were worth $762,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Kavar Capital Partners Group LLC boosted its position in Amazon.com by 7.6% during the first quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock valued at $3,654,000 after purchasing an additional 79 shares in the last quarter. IFM Investors Pty Ltd boosted its position in Amazon.com by 21.8% during the first quarter. IFM Investors Pty Ltd now owns 72,911 shares of the e-commerce giant’s stock valued at $237,686,000 after purchasing an additional 13,060 shares in the last quarter. Ironwood Wealth Management LLC. boosted its position in Amazon.com by 0.8% during the first quarter. Ironwood Wealth Management LLC. now owns 1,810 shares of the e-commerce giant’s stock valued at $5,901,000 after purchasing an additional 15 shares in the last quarter. Markel Corp boosted its position in Amazon.com by 0.6% during the first quarter. Markel Corp now owns 99,068 shares of the e-commerce giant’s stock valued at $322,956,000 after purchasing an additional 550 shares in the last quarter. Finally, Leelyn Smith LLC boosted its position in Amazon.com by 24.8% during the first quarter. Leelyn Smith LLC now owns 2,721 shares of the e-commerce giant’s stock valued at $8,870,000 after purchasing an additional 540 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on AMZN shares. DA Davidson raised their price objective on Amazon.com from $200.00 to $235.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. Moffett Nathanson reissued a “buy” rating and issued a $228.00 price target on shares of Amazon.com in a report on Thursday, April 11th. BMO Capital Markets started coverage on Amazon.com in a report on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price target for the company. 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 report on Friday, February 2nd. Finally, JMP Securities raised their price target on Amazon.com from $175.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. One research analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Amazon.com presently has an average rating of “Buy” and an average price target of $201.43.

Amazon.com Stock Down 1.3 %

Amazon.com stock opened at $183.62 on Tuesday. The stock has a market capitalization 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. Amazon.com, Inc. has a 12 month low of $101.15 and a 12 month high of $189.77. The business has a 50 day simple moving average of $176.60 and a 200-day simple moving average of $155.79. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. The business had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business’s revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 earnings per share. On average, analysts anticipate that Amazon.com, Inc. will post 4.08 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the sale, 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 Securities & Exchange Commission, which is accessible through this hyperlink. In other news, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the transaction, the chief executive officer now directly owns 116,560 shares in the company, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. Insiders have sold 32,214,010 shares of company stock valued at $5,505,874,846 over the last ninety days. Insiders own 12.70% of the company’s stock.

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.