Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 8.4% in the 4th quarter, Holdings Channel reports. The firm owned 25,105 shares of the e-commerce giant’s stock after buying an additional 1,937 shares during the period. Amazon.com makes up 0.6% of Aaron Wealth Advisors LLC’s holdings, making the stock its 22nd biggest holding. Aaron Wealth Advisors LLC’s holdings in Amazon.com were worth $3,814,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Custom Index Systems LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth about $1,330,000. Aspiriant LLC increased its holdings in shares of Amazon.com by 2.6% in the fourth quarter. Aspiriant LLC now owns 30,543 shares of the e-commerce giant’s stock valued at $4,641,000 after purchasing an additional 764 shares during the period. Advisors Management Group Inc. ADV raised its stake in shares of Amazon.com by 21.5% during the fourth quarter. Advisors Management Group Inc. ADV now owns 16,390 shares of the e-commerce giant’s stock worth $2,490,000 after purchasing an additional 2,897 shares during the last quarter. Hendershot Investments Inc. lifted its holdings in shares of Amazon.com by 6.4% during the fourth quarter. Hendershot Investments Inc. now owns 2,785 shares of the e-commerce giant’s stock worth $423,000 after purchasing an additional 167 shares during the period. Finally, Blossom Wealth Management raised its position in Amazon.com by 30.2% during the 4th quarter. Blossom Wealth Management now owns 4,913 shares of the e-commerce giant’s stock worth $746,000 after buying an additional 1,140 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 5,998,849 shares of the company’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total transaction of $1,020,764,145.84. Following the completion of the sale, the insider now directly owns 982,252,968 shares of the company’s stock, valued at approximately $167,140,165,034.88. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $155.72, for a total transaction of $77,860.00. Following the sale, the chief executive officer now directly owns 116,560 shares in the company, valued at approximately $18,150,723.20. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Jeffrey P. Bezos sold 5,998,849 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the completion of the transaction, the insider now owns 982,252,968 shares of the company’s stock, valued at approximately $167,140,165,034.88. The disclosure for this sale can be found here. Insiders sold 32,214,010 shares of company stock valued at $5,505,889,146 over the last 90 days. Corporate insiders own 10.30% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $179.62 on Monday. The stock has a 50-day moving average price of $177.99 and a two-hundred day moving average price of $158.98. The company has a market cap of $1.87 trillion, a PE ratio of 61.94, a price-to-earnings-growth ratio of 1.55 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.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (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 business had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. During the same quarter in the previous year, the business earned $0.21 EPS. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. As a group, research analysts predict that Amazon.com, Inc. will post 4.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on AMZN shares. Roth Mkm reiterated a “buy” rating and issued a $205.00 price objective on shares of Amazon.com in a research report on Tuesday, April 16th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. UBS Group upped their target price on shares of Amazon.com from $198.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday. Canaccord Genuity Group lifted their price target on shares of Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, Benchmark reissued a “buy” rating and set a $200.00 price target on shares of Amazon.com in a research note on Wednesday, April 24th. One equities research 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 stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $205.13.

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.