Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Emfo LLC

Emfo LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 26,360 shares of the e-commerce giant’s stock after acquiring an additional 140 shares during the period. Amazon.com accounts for about 3.7% of Emfo LLC’s holdings, making the stock its 5th biggest holding. Emfo LLC’s holdings in Amazon.com were worth $4,005,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in AMZN. VELA Investment Management LLC raised its position in Amazon.com by 202.0% in the 4th quarter. VELA Investment Management LLC now owns 6,118 shares of the e-commerce giant’s stock valued at $930,000 after buying an additional 4,092 shares during the last quarter. Flputnam Investment Management Co. grew its position in Amazon.com by 7.8% in the fourth quarter. Flputnam Investment Management Co. now owns 479,030 shares of the e-commerce giant’s stock valued at $72,784,000 after purchasing an additional 34,791 shares in the last quarter. Capital Analysts LLC increased its stake in Amazon.com by 2.0% in the 4th quarter. Capital Analysts LLC now owns 58,063 shares of the e-commerce giant’s stock valued at $8,822,000 after buying an additional 1,117 shares during the last quarter. Private Client Services LLC acquired a new position in shares of Amazon.com during the 4th quarter worth about $1,321,000. Finally, Legacy CG LLC grew its holdings in shares of Amazon.com by 8.2% in the 4th quarter. Legacy CG LLC now owns 55,645 shares of the e-commerce giant’s stock valued at $8,455,000 after acquiring an additional 4,217 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. The Goldman Sachs Group upped their target price on Amazon.com from $220.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday. Citigroup increased their price objective on Amazon.com from $235.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday. TD Cowen boosted 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. JPMorgan Chase & Co. lifted their price objective on shares of Amazon.com from $225.00 to $240.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Royal Bank of Canada upped their target price on shares of Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. One research 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 company currently has a consensus rating of “Buy” and an average price target of $211.07.

Amazon.com Trading Up 0.8 %

Shares of NASDAQ AMZN opened at $186.21 on Friday. The stock has a market cap of $1.94 trillion, a P/E ratio of 52.16, a price-to-earnings-growth ratio of 1.37 and a beta of 1.15. The firm has a 50 day moving average price of $179.02 and a two-hundred day moving average price of $160.32. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.07. Amazon.com, Inc. has a 52-week low of $103.31 and a 52-week high of $189.77.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.15. The business had revenue of $143.31 billion during the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. Amazon.com’s quarterly revenue was up 12.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.31 earnings per share. As a group, equities analysts forecast that Amazon.com, Inc. will post 4.55 EPS for the current year.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 20,200 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $169.99, for a total value of $3,433,798.00. Following the sale, the chief executive officer now directly owns 514,131 shares in the company, valued at $87,397,128.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Douglas J. Herrington sold 20,200 shares of the company’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total value of $3,433,798.00. Following the sale, the chief executive officer now directly owns 514,131 shares of the company’s stock, valued at approximately $87,397,128.69. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction 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 $20,239,226.60. The disclosure for this sale can be found here. Insiders sold 32,217,010 shares of company stock worth $5,506,442,301 over the last ninety days. 10.80% of the stock is owned by insiders.

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.