Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Comprehensive Financial Consultants Institutional Inc.

Comprehensive Financial Consultants Institutional Inc. increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,081 shares of the e-commerce giant’s stock after acquiring an additional 809 shares during the period. Comprehensive Financial Consultants Institutional Inc.’s holdings in Amazon.com were worth $2,139,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of AMZN. Mayflower Financial Advisors LLC increased its stake in 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 worth $25,000 after acquiring an additional 572 shares during the last quarter. PayPay Securities Corp increased its position in Amazon.com by 54.3% during the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after purchasing an additional 94 shares in the last quarter. Laurel Wealth Planning LLC raised its holdings in Amazon.com by 1,900.0% in the second 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 during the period. Sanctuary Wealth Management L.L.C. acquired a new position in Amazon.com during the fourth quarter valued at approximately $37,000. Finally, Swaine & Leidel Wealth Services LLC purchased a new stake in Amazon.com during the first quarter worth approximately $38,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of research reports. Needham & Company LLC reissued a “buy” rating and issued a $205.00 target price on shares of Amazon.com in a research note on Thursday. Stifel Nicolaus raised their price objective on Amazon.com from $200.00 to $224.00 and gave the company a “buy” rating in a research report on Tuesday. Susquehanna upped their target price on Amazon.com from $185.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday, February 2nd. Sanford C. Bernstein raised their target price on Amazon.com from $175.00 to $200.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Finally, DA Davidson restated a “buy” rating and issued a $235.00 price target on shares of Amazon.com in a report on Thursday. One research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $202.80.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $174.63 on Friday. Amazon.com, Inc. has a 1-year low of $101.15 and a 1-year high of $189.77. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The business’s fifty day moving average price is $177.28 and its two-hundred day moving average price is $156.83. The firm has a market capitalization of $1.82 trillion, a PE ratio of 60.22, a P/E/G ratio of 1.57 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The firm had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. During the same period last year, the company earned $0.21 earnings per share. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. On average, research analysts expect that Amazon.com, Inc. will post 4.1 EPS for the current year.

Insiders Place Their Bets

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the 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 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 available through this link. In other news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was 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 Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 20,200 shares of the firm’s stock in a transaction on 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 in the company, valued at $87,397,128.69. 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. Company insiders own 12.30% of the company’s stock.

About Amazon.com

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.