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

Fiduciary Planning LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 98.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,271 shares of the e-commerce giant’s stock after purchasing an additional 2,123 shares during the period. Fiduciary Planning LLC’s holdings in Amazon.com were worth $649,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in 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 acquiring an additional 32,038,029 shares during the last quarter. International Assets Investment Management LLC lifted its stake in Amazon.com by 16,029.3% during the fourth quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant’s stock valued at $36,260,810,000 after purchasing an additional 23,717,254 shares during the last quarter. FMR LLC lifted its stake in Amazon.com by 7.7% during the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after purchasing an additional 21,649,871 shares during the last quarter. Jennison Associates LLC boosted its holdings in Amazon.com by 28.4% during the third quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock worth $6,989,254,000 after buying an additional 12,176,114 shares in the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new position in Amazon.com in the third quarter worth approximately $610,138,000. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AMZN. Roth Mkm reiterated a “buy” rating and set a $205.00 price objective on shares of Amazon.com in a research report on Tuesday, April 16th. Royal Bank of Canada upped their target price on Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Citigroup lifted their price target on Amazon.com from $215.00 to $235.00 and gave the stock a “buy” rating in a research note on Wednesday. Susquehanna raised their target price on shares of Amazon.com from $185.00 to $220.00 and gave the stock a “positive” rating in a report on Friday, February 2nd. Finally, Wells Fargo & Company upped their price target on shares of Amazon.com from $211.00 to $217.00 and gave the company an “overweight” rating in a research report on Monday, April 1st. One research analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $205.13.

Amazon.com Price Performance

Shares of AMZN stock opened at $173.67 on Friday. Amazon.com, Inc. has a 12 month low of $101.15 and a 12 month high of $189.77. The company has a market capitalization of $1.80 trillion, a P/E ratio of 59.89, a P/E/G ratio of 1.56 and a beta of 1.16. The stock has a 50 day moving average of $177.79 and a two-hundred day moving average of $158.23. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping the consensus estimate of $0.81 by $0.19. The firm had revenue of $169.96 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the business earned $0.21 earnings per share. As a group, equities analysts expect that Amazon.com, Inc. will post 4.1 EPS for the current year.

Insider Activity

In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated 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 owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $20,239,226.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction, the chief executive officer now owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,214,010 shares of company stock worth $5,505,889,146. Corporate insiders own 10.30% of the company’s stock.

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.