Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 8.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,360 shares of the e-commerce giant’s stock after purchasing an additional 1,032 shares during the period. Amazon.com comprises 0.9% of Tempus Wealth Planning LLC’s investment portfolio, making the stock its 28th biggest position. Tempus Wealth Planning LLC’s holdings in Amazon.com were worth $2,030,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Vanguard Group Inc. lifted its holdings 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 valued at $96,350,832,000 after buying an additional 32,038,029 shares during the period. State Street Corp lifted its holdings in shares of 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 valued at $37,272,937,000 after buying an additional 3,121,516 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of 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 valued at $33,134,481,000 after buying an additional 295,880,050 shares during the period. FMR LLC raised its holdings 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 purchasing an additional 21,649,871 shares during the period. Finally, Geode Capital Management LLC raised its holdings 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 purchasing an additional 4,842,542 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on AMZN. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $200.00 price target on shares of Amazon.com in a report on Wednesday, March 27th. Oppenheimer upped their price target on Amazon.com from $200.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. The Goldman Sachs Group upped their price target on Amazon.com from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Raymond James upped their price target on Amazon.com from $185.00 to $200.00 and gave the stock a “strong-buy” rating in a report on Friday, February 2nd. Finally, Stifel Nicolaus boosted their price objective on Amazon.com from $200.00 to $224.00 and gave the stock a “buy” rating in a research note on Tuesday. 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. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $202.80.

Amazon.com Stock Down 2.6 %

NASDAQ:AMZN opened at $174.63 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The stock’s fifty day moving average is $177.28 and its two-hundred day moving average is $156.83. Amazon.com, Inc. has a 52 week low of $101.15 and a 52 week high of $189.77. The stock has a market capitalization of $1.82 trillion, a price-to-earnings ratio of 60.22, a price-to-earnings-growth ratio of 1.57 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last released its quarterly 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. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The company had revenue of $169.96 billion for the quarter, compared to analysts’ expectations of $165.96 billion. During the same period in the prior year, the firm earned $0.21 earnings per share. The firm’s revenue was up 13.9% compared to the same quarter last year. Research analysts anticipate that Amazon.com, Inc. will post 4.1 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at $24,214,400. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at $24,214,400. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction on Monday, April 1st. The shares were sold at an average price of $180.73, for a total value of $632,555.00. Following the completion of the sale, the chief executive officer now owns 512,858 shares in the company, valued at $92,688,826.34. The disclosure for this sale can be found here. Insiders have sold 32,213,510 shares of company stock worth $5,505,798,456 over the last ninety days. Corporate 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.