Citadel Investment Advisory Inc. Has $784,000 Position in Amazon.com, Inc. (NASDAQ:AMZN)

Citadel Investment Advisory Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,160 shares of the e-commerce giant’s stock after purchasing an additional 120 shares during the quarter. Citadel Investment Advisory Inc.’s holdings in Amazon.com were worth $784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mayflower Financial Advisors LLC raised its holdings in shares of Amazon.com by 0.3% during the third quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 572 shares during the period. PayPay Securities Corp increased its position in Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after buying an additional 94 shares in the last quarter. Laurel Wealth Planning LLC increased its position in Amazon.com by 1,900.0% in the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after buying an additional 304 shares in the last quarter. Sanctuary Wealth Management L.L.C. acquired a new position in Amazon.com during the 4th quarter worth approximately $37,000. Finally, Swaine & Leidel Wealth Services LLC bought a new position in Amazon.com in the first quarter worth approximately $38,000. Institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the transaction, the chief executive officer now directly owns 116,560 shares in the company, valued at $18,150,723.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction of $523,807.00. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Adam Selipsky sold 500 shares of the firm’s 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 transaction, the chief executive officer now 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 32,213,510 shares of company stock valued at $5,505,798,456 over the last three months. 12.70% of the stock is owned by corporate insiders.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $181.28 on Thursday. Amazon.com, Inc. has a 52-week low of $101.15 and a 52-week high of $189.77. The business’s fifty day moving average is $177.09 and its 200 day moving average is $156.36. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The firm has a market cap of $1.89 trillion, a price-to-earnings ratio of 62.51, a PEG ratio of 1.60 and a beta of 1.16.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMZN. DA Davidson upped their target price on Amazon.com from $200.00 to $235.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Roth Mkm reiterated a “buy” rating and set a $205.00 price objective on shares of Amazon.com in a report on Tuesday. Mizuho raised their price target on shares of Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Oppenheimer lifted their price target on Amazon.com from $200.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Finally, Bank of America increased their price objective on Amazon.com from $185.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $202.80.

Amazon.com Company 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.