Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Janiczek Wealth Management LLC

Janiczek Wealth Management LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 14.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 16,760 shares of the e-commerce giant’s stock after acquiring an additional 2,167 shares during the quarter. Amazon.com makes up approximately 0.6% of Janiczek Wealth Management LLC’s investment portfolio, making the stock its 21st biggest position. Janiczek Wealth Management LLC’s holdings in Amazon.com were worth $2,547,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised 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 buying an additional 32,038,029 shares during the period. FMR LLC boosted its holdings in Amazon.com by 7.7% during the 3rd quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after acquiring an additional 21,649,871 shares during the period. Northern Trust Corp grew its position in Amazon.com by 3.7% in the 3rd quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock valued at $11,736,905,000 after acquiring an additional 3,260,411 shares in the last quarter. Jennison Associates LLC increased its stake 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 purchasing an additional 12,176,114 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Amazon.com by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 50,395,031 shares of the e-commerce giant’s stock worth $6,406,216,000 after purchasing an additional 1,374,052 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

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 transaction of $77,860.00. Following the completion of the transaction, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred 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. Insiders have sold a total of 32,214,010 shares of company stock valued at $5,505,889,146 over the last quarter. Corporate insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on AMZN shares. Robert W. Baird lifted their price objective on shares of Amazon.com from $185.00 to $205.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Wedbush upped their price objective on Amazon.com from $220.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 24th. JMP Securities reiterated a “market outperform” rating and issued a $225.00 target price on shares of Amazon.com in a report on Wednesday, April 24th. Truist Financial upped their price target on Amazon.com from $195.00 to $216.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Finally, Monness Crespi & Hardt lifted their price objective on Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-four have given 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 price target of $205.13.

Amazon.com Trading Up 0.7 %

Shares of AMZN stock opened at $180.96 on Tuesday. The company has a market capitalization of $1.88 trillion, a P/E ratio of 62.40, a price-to-earnings-growth ratio of 1.55 and a beta of 1.17. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $178.22 and its two-hundred day moving average is $159.32. Amazon.com, Inc. has a twelve month low of $101.15 and a twelve month high of $189.77.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. The firm had revenue of $169.96 billion for 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 quarterly revenue was up 13.9% on a year-over-year basis. During the same period last year, the firm posted $0.21 EPS. Equities analysts forecast that Amazon.com, Inc. will post 4.11 EPS for the current 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.