Capital Advisors Inc. OK Has $94.11 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Capital Advisors Inc. OK grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 619,354 shares of the e-commerce giant’s stock after buying an additional 62,220 shares during the quarter. Amazon.com comprises about 2.1% of Capital Advisors Inc. OK’s investment portfolio, making the stock its 6th largest position. Capital Advisors Inc. OK’s holdings in Amazon.com were worth $94,105,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PayPay Securities Corp raised its stake in shares of Amazon.com by 54.3% during the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 94 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. raised its stake in Amazon.com by 45.0% in 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 in the last quarter. Bruce G. Allen Investments LLC bought a new position in Amazon.com in the fourth quarter worth about $57,000. Authentikos Wealth Advisory LLC bought a new position in Amazon.com in the third quarter worth about $49,000. Finally, AM Squared Ltd bought a new position in Amazon.com in the third quarter worth about $76,000. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AMZN shares. UBS Group increased their price target on shares of Amazon.com from $215.00 to $217.00 and gave the stock a “buy” rating in a research note on Wednesday. JMP Securities reissued a “market outperform” rating and issued a $225.00 price target on shares of Amazon.com in a research note on Wednesday. Susquehanna increased their price target on shares of Amazon.com from $185.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, February 2nd. Robert W. Baird increased their price target on shares of Amazon.com from $205.00 to $210.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Roth Mkm reaffirmed a “buy” rating and set a $210.00 target price (up previously from $205.00) on shares of Amazon.com in a research note on Wednesday. One investment analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $211.07.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of the firm’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 sale, the insider now directly owns 982,252,968 shares in the company, valued at approximately $167,140,165,034.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of the firm’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 sale, the insider now directly owns 982,252,968 shares in the company, valued at approximately $167,140,165,034.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction of $90,000.00. Following the sale, the chief executive officer now owns 132,600 shares in the company, valued at $23,868,000. The disclosure for this sale can be found here. Insiders have sold 32,213,510 shares of company stock worth $5,505,811,286 in the last 90 days. 10.80% of the stock is currently owned by insiders.

Amazon.com Trading Up 3.2 %

Shares of Amazon.com stock opened at $184.72 on Friday. The company’s fifty day simple moving average is $178.79 and its 200-day simple moving average is $159.95. The stock has a market capitalization of $1.92 trillion, a PE ratio of 51.74, a P/E/G ratio of 1.53 and a beta of 1.15. Amazon.com, Inc. has a 1-year low of $103.28 and a 1-year high of $189.77. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.15. The business had revenue of $143.31 billion for the quarter, compared to analysts’ expectations of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 20.73%. The company’s revenue was up 12.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 4.08 earnings per share 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.