Trifecta Capital Advisors LLC Has $13.76 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Trifecta Capital Advisors LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 90,529 shares of the e-commerce giant’s stock after acquiring an additional 2,732 shares during the period. Amazon.com comprises about 3.8% of Trifecta Capital Advisors LLC’s investment portfolio, making the stock its 7th largest position. Trifecta Capital Advisors LLC’s holdings in Amazon.com were worth $13,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of AMZN. PayPay Securities Corp increased its position in shares of 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. E Fund Management Hong Kong Co. Ltd. grew its stake in Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after buying an additional 86 shares during the last quarter. Authentikos Wealth Advisory LLC acquired a new stake in shares of Amazon.com during the third quarter worth approximately $49,000. Bruce G. Allen Investments LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $57,000. Finally, AM Squared Ltd acquired a new position in shares of Amazon.com in the 3rd quarter worth approximately $76,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total transaction of $90,690.00. Following the completion of the transaction, the chief executive officer now directly owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Amazon.com news, insider Jeffrey P. Bezos sold 2,009,208 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $166.79, for a total transaction of $335,115,802.32. Following the sale, the insider now directly owns 938,251,817 shares of the company’s stock, valued at approximately $156,491,020,557.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated 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 approximately $23,688,228. The disclosure for this sale can be found here. In the last quarter, 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 Trading Down 1.7 %

AMZN opened at $173.67 on Friday. The stock 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 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, Inc. has a 12 month low of $101.15 and a 12 month high of $189.77. The firm’s fifty day simple moving average is $177.79 and its 200 day simple moving average is $158.23.

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMZN. Royal Bank of Canada raised their price target on Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Bank of America lifted their price target on Amazon.com from $185.00 to $204.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Robert W. Baird increased their price objective on shares of Amazon.com from $185.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Mizuho raised their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, Roth Mkm reiterated a “buy” rating and set a $205.00 target price on shares of Amazon.com in a research report on Tuesday, April 16th. One 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, the stock presently has an average rating of “Buy” and an average target price of $205.13.

Amazon.com Company 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.