Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 29.2% in the fourth quarter, HoldingsChannel reports. The fund owned 74,043 shares of the e-commerce giant’s stock after buying an additional 16,717 shares during the period. Amazon.com accounts for 2.5% of Fidelis Capital Partners LLC’s portfolio, making the stock its 5th largest position. Fidelis Capital Partners LLC’s holdings in Amazon.com were worth $11,250,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Lake Hills Wealth Management LLC grew its holdings in Amazon.com by 0.8% during the 4th quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock worth $1,213,000 after acquiring an additional 65 shares during the last quarter. Veery Capital LLC grew its stake in shares of Amazon.com by 1.1% in the fourth quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock worth $895,000 after purchasing an additional 66 shares during the last quarter. Bellwether Advisors LLC grew its stake in shares of Amazon.com by 2.3% in the fourth quarter. Bellwether Advisors LLC now owns 2,936 shares of the e-commerce giant’s stock worth $446,000 after purchasing an additional 66 shares during the last quarter. StrategIQ Financial Group LLC increased its holdings in Amazon.com by 0.3% in the fourth quarter. StrategIQ Financial Group LLC now owns 23,259 shares of the e-commerce giant’s stock valued at $3,534,000 after purchasing an additional 66 shares during the period. Finally, Marion Wealth Management raised its position in Amazon.com by 1.6% during the 4th quarter. Marion Wealth Management now owns 4,321 shares of the e-commerce giant’s stock worth $657,000 after purchasing an additional 67 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Monness Crespi & Hardt increased their price target on Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Wedbush restated an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a report on Wednesday, May 1st. Morgan Stanley upped their price objective on shares of Amazon.com from $215.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, May 1st. Needham & Company LLC reissued a “buy” rating and set a $205.00 target price on shares of Amazon.com in a research note on Wednesday, May 1st. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Amazon.com has an average rating of “Buy” and a consensus target price of $211.62.

Insider Transactions at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $180.00, for a total value of $90,000.00. Following the transaction, the chief executive officer now owns 132,600 shares in the company, valued at $23,868,000. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated 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 directly owns 132,600 shares of the company’s stock, valued at $23,868,000. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 50,000 shares of Amazon.com stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $168.65, for a total transaction of $8,432,500.00. Following the completion of the transaction, the chief executive officer now owns 2,014,055 shares of the company’s stock, valued at approximately $339,670,375.75. The disclosure for this sale can be found here. Insiders sold a total of 26,198,961 shares of company stock worth $4,482,430,577 in the last quarter. Insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $188.00 on Thursday. The firm has a market capitalization of $1.96 trillion, a P/E ratio of 52.66, a price-to-earnings-growth ratio of 1.35 and a beta of 1.15. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The business’s fifty day simple moving average is $179.60 and its 200 day simple moving average is $161.63. Amazon.com, Inc. has a 12 month low of $105.16 and a 12 month high of $189.94.

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 analysts’ consensus estimates of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. During the same period in the previous year, the firm earned $0.31 EPS. The firm’s quarterly revenue was up 12.5% on a year-over-year basis. As a group, analysts anticipate that Amazon.com, Inc. will post 4.67 EPS for the current year.

Amazon.com Company 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.