Harbor Investment Advisory LLC Has $46,000 Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Harbor Investment Advisory LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 299,959 shares of the e-commerce giant’s stock after acquiring an additional 1,988 shares during the period. Harbor Investment Advisory LLC’s holdings in Amazon.com were worth $46,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Eastover Investment Advisors LLC increased its holdings in shares of Amazon.com by 1.5% during the third quarter. Eastover Investment Advisors LLC now owns 54,574 shares of the e-commerce giant’s stock valued at $6,937,000 after acquiring an additional 828 shares in the last quarter. Martin Capital Advisors LLP increased its stake in Amazon.com by 6.9% during the 3rd quarter. Martin Capital Advisors LLP now owns 3,271 shares of the e-commerce giant’s stock valued at $416,000 after purchasing an additional 210 shares in the last quarter. Vanderbilt University bought a new stake in Amazon.com during the 3rd quarter valued at $1,027,000. RFG Advisory LLC raised its holdings in Amazon.com by 42.4% during the third quarter. RFG Advisory LLC now owns 74,842 shares of the e-commerce giant’s stock worth $9,514,000 after buying an additional 22,284 shares during the last quarter. Finally, WoodTrust Financial Corp lifted its stake in shares of Amazon.com by 0.3% in the third quarter. WoodTrust Financial Corp now owns 113,763 shares of the e-commerce giant’s stock valued at $14,462,000 after buying an additional 344 shares in the last quarter. 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 company’s stock in a transaction on Thursday, February 1st. The shares were 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CEO Adam Selipsky sold 500 shares of the business’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 completion of the transaction, the chief executive officer now directly 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 is available through this link. Also, insider Jeffrey P. Bezos sold 2,009,208 shares of the company’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $166.79, for a total value of $335,115,802.32. Following the completion of the transaction, the insider now owns 938,251,817 shares in the company, valued at $156,491,020,557.43. The disclosure for this sale can be found here. Insiders sold a total of 32,214,010 shares of company stock valued at $5,505,889,146 in the last three months. Company insiders own 10.30% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of a number of analyst reports. TD Cowen upped their target price on shares of Amazon.com from $200.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Wells Fargo & Company increased their price objective on Amazon.com from $211.00 to $217.00 and gave the stock an “overweight” rating in a research note on Monday, April 1st. JPMorgan Chase & Co. lifted their target price on Amazon.com from $190.00 to $225.00 and gave the company an “overweight” rating in a research report on Friday, February 2nd. Oppenheimer upped their price target on Amazon.com from $200.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Finally, Stifel Nicolaus raised their price objective on Amazon.com from $200.00 to $224.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. One investment analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $205.13.

Amazon.com Stock Up 3.4 %

Shares of NASDAQ AMZN opened at $179.62 on Monday. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The company has a market cap of $1.87 trillion, a P/E ratio of 61.94, a P/E/G ratio of 1.55 and a beta of 1.16. Amazon.com, Inc. has a 52 week low of $101.15 and a 52 week high of $189.77. The business has a 50-day simple moving average of $177.99 and a two-hundred day simple moving average of $158.98.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data 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. The company had revenue of $169.96 billion during the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. Amazon.com’s 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. Research analysts anticipate that Amazon.com, Inc. will post 4.11 earnings per share for the current fiscal year.

About Amazon.com

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.