Farmers & Merchants Investments Inc. Has $16.77 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Farmers & Merchants Investments Inc. boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,381 shares of the e-commerce giant’s stock after purchasing an additional 88 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Amazon.com were worth $16,771,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AMZN. Kavar Capital Partners Group LLC lifted its holdings in shares of Amazon.com by 7.6% during the 1st quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock worth $3,654,000 after acquiring an additional 79 shares during the period. IFM Investors Pty Ltd grew its stake in shares of 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 worth $237,686,000 after buying an additional 13,060 shares during the last quarter. Ironwood Wealth Management LLC. increased its holdings in shares of 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 worth $5,901,000 after buying an additional 15 shares in the last quarter. Markel Corp lifted its stake in shares of Amazon.com by 0.6% in the 1st quarter. Markel Corp now owns 99,068 shares of the e-commerce giant’s stock valued at $322,956,000 after acquiring an additional 550 shares during the last quarter. Finally, Leelyn Smith LLC boosted its holdings in shares of Amazon.com by 24.8% during the 1st quarter. Leelyn Smith LLC now owns 2,721 shares of the e-commerce giant’s stock valued at $8,870,000 after acquiring an additional 540 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research reports. Robert W. Baird boosted their price target on Amazon.com from $185.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. UBS Group raised their price target on shares of Amazon.com from $180.00 to $198.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. BMO Capital Markets initiated coverage on shares of Amazon.com in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price objective on the stock. Truist Financial raised their target price on Amazon.com from $195.00 to $216.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Wolfe Research increased their price target on Amazon.com from $195.00 to $205.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. One investment 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $202.80.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 20,200 shares of the business’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total value of $3,433,798.00. Following the transaction, the chief executive officer now directly owns 514,131 shares of the company’s stock, valued at approximately $87,397,128.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Douglas J. Herrington sold 20,200 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total transaction of $3,433,798.00. Following the completion of the sale, the chief executive officer now owns 514,131 shares in the company, valued at approximately $87,397,128.69. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the completion of the transaction, the chief executive officer now owns 131,600 shares in the company, valued at approximately $24,214,400. The disclosure for this sale can be found here. Insiders sold 32,213,510 shares of company stock worth $5,505,798,456 in the last quarter. 12.70% of the stock is currently owned by company insiders.

Amazon.com Trading Down 1.1 %

Shares of AMZN stock opened at $181.28 on Thursday. 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 company has a market capitalization 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, Inc. has a 52-week low of $101.15 and a 52-week high of $189.77. The company has a 50-day simple moving average of $177.09 and a two-hundred day simple moving average of $156.36.

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

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.