Alpine Woods Capital Investors LLC Boosts Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Alpine Woods Capital Investors LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 107.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,342 shares of the e-commerce giant’s stock after purchasing an additional 28,632 shares during the period. Amazon.com accounts for approximately 1.3% of Alpine Woods Capital Investors LLC’s holdings, making the stock its 20th biggest position. Alpine Woods Capital Investors LLC’s holdings in Amazon.com were worth $8,409,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Canal Capital Management LLC increased its position in Amazon.com by 5.5% in the fourth quarter. Canal Capital Management LLC now owns 37,111 shares of the e-commerce giant’s stock worth $5,639,000 after purchasing an additional 1,921 shares during the last quarter. Venture Visionary Partners LLC increased its holdings in shares of Amazon.com by 5.4% in the 4th quarter. Venture Visionary Partners LLC now owns 173,007 shares of the e-commerce giant’s stock worth $26,287,000 after buying an additional 8,873 shares during the last quarter. Cadinha & Co. LLC raised its position in shares of Amazon.com by 9.2% during the 4th quarter. Cadinha & Co. LLC now owns 9,695 shares of the e-commerce giant’s stock valued at $1,473,000 after buying an additional 815 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in shares of Amazon.com by 18.3% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 539,123 shares of the e-commerce giant’s stock valued at $81,914,000 after acquiring an additional 83,338 shares during the last quarter. Finally, Allworth Financial LP grew its position in Amazon.com by 61.8% in the fourth quarter. Allworth Financial LP now owns 196,781 shares of the e-commerce giant’s stock worth $29,899,000 after acquiring an additional 75,143 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the completion of the transaction, the chief executive officer now owns 130,600 shares of the company’s stock, valued at $23,688,228. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $180.73, for a total transaction of $632,555.00. Following the sale, the chief executive officer now owns 512,858 shares in the company, valued at approximately $92,688,826.34. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $181.38, for a total value of $90,690.00. Following the completion of the transaction, the chief executive officer now owns 130,600 shares of the company’s stock, valued at $23,688,228. The disclosure for this sale can be found here. Insiders sold 32,214,010 shares of company stock worth $5,505,889,146 in the last three months. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $177.23 on Tuesday. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm has a market cap of $1.84 trillion, a PE ratio of 61.11, a P/E/G ratio of 1.52 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 stock has a fifty day moving average price of $177.38 and a 200-day moving average price of $157.63.

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, beating 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 during the quarter, compared to analysts’ expectations of $165.96 billion. During the same period last year, the business posted $0.21 earnings per share. The firm’s revenue was up 13.9% compared to the same quarter last year. Equities research analysts predict that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AMZN shares. Canaccord Genuity Group raised their price objective on Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Monness Crespi & Hardt boosted their price objective on shares of Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Raymond James raised their target price on shares of Amazon.com from $185.00 to $200.00 and gave the stock a “strong-buy” rating in a report on Friday, February 2nd. Needham & Company LLC reiterated a “buy” rating and set a $205.00 price target on shares of Amazon.com in a report on Thursday, April 18th. Finally, Wedbush reissued an “outperform” rating and issued a $220.00 price objective on shares of Amazon.com in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Buy” and a consensus price target of $202.80.

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.