Strategic Blueprint LLC Purchases 1,193 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Strategic Blueprint LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 109,173 shares of the e-commerce giant’s stock after buying an additional 1,193 shares during the period. Amazon.com comprises 1.4% of Strategic Blueprint LLC’s holdings, making the stock its 13th largest position. Strategic Blueprint LLC’s holdings in Amazon.com were worth $16,588,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. PayPay Securities Corp lifted its holdings in shares of Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 94 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. raised its position in Amazon.com by 45.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after buying an additional 86 shares during the last quarter. Authentikos Wealth Advisory LLC bought a new position in Amazon.com during the 3rd quarter valued at $49,000. Bruce G. Allen Investments LLC purchased a new position in Amazon.com during the 4th quarter worth $57,000. Finally, AM Squared Ltd bought a new stake in shares of Amazon.com in the 3rd quarter worth $76,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on AMZN. Oppenheimer boosted their price target on shares of Amazon.com from $200.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Telsey Advisory Group restated an “outperform” rating and issued a $200.00 target price on shares of Amazon.com in a research note on Thursday. 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 report on Friday, February 2nd. Robert W. Baird boosted their price objective on Amazon.com from $185.00 to $205.00 and gave the stock an “outperform” rating in a research report on Friday, February 2nd. Finally, Stifel Nicolaus raised their target price on Amazon.com from $200.00 to $224.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. One investment analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus target price of $205.13.

Insider Activity

In related news, CEO Douglas J. Herrington sold 20,200 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $169.99, for a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated 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 in the company, valued at $18,150,723.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 20,200 shares of the 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 sale, the chief executive officer now owns 514,131 shares of the company’s stock, valued at $87,397,128.69. 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. 10.30% of the stock is currently owned by insiders.

Amazon.com Price Performance

AMZN stock opened at $173.67 on Friday. The firm has a 50 day simple moving average of $177.79 and a two-hundred day simple moving average of $158.23. 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 stock has a market cap of $1.80 trillion, a PE ratio of 59.89, a P/E/G ratio of 1.56 and a beta of 1.16. Amazon.com, Inc. has a one year low of $101.15 and a one year high of $189.77.

Amazon.com (NASDAQ:AMZN) last released its 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 business had revenue of $169.96 billion for the quarter, compared to analysts’ expectations of $165.96 billion. During the same quarter in the prior year, the firm earned $0.21 earnings per share. The firm’s revenue was up 13.9% on a year-over-year basis. On average, analysts predict that Amazon.com, Inc. will post 4.1 EPS for the current fiscal year.

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.