Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Increased by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,154 shares of the e-commerce giant’s stock after purchasing an additional 1,826 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Amazon.com were worth $4,885,000 as of its most recent filing with the SEC.

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

Insider Activity at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 5,998,849 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $173.27, for a total value of $1,039,420,566.23. Following the sale, the insider now owns 964,256,421 shares in the company, valued at $167,076,710,066.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Douglas J. Herrington sold 14,300 shares of Amazon.com stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $175.00, for a total transaction of $2,502,500.00. Following the completion of the sale, the chief executive officer now owns 499,831 shares of the company’s stock, valued at approximately $87,470,425. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeffrey P. Bezos sold 5,998,849 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $173.27, for a total transaction of $1,039,420,566.23. Following the completion of the transaction, the insider now directly owns 964,256,421 shares in the company, valued at $167,076,710,066.67. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,187,979 shares of company stock worth $3,440,575,337. Insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

NASDAQ:AMZN opened at $189.50 on Friday. The company has a market cap of $1.97 trillion, a P/E ratio of 53.08, a P/E/G ratio of 1.35 and a beta of 1.15. Amazon.com, Inc. has a 52-week low of $108.05 and a 52-week high of $191.70. The stock’s 50-day simple moving average is $179.90 and its 200 day simple moving average is $161.81. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07.

Amazon.com (NASDAQ:AMZN) last issued its 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. The business had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The firm’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.31 earnings per share. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 4.67 EPS for the current fiscal year.

Analyst Ratings Changes

AMZN has been the topic of several recent research reports. BMO Capital Markets lifted their target price on shares of Amazon.com from $215.00 to $220.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. UBS Group upped their price objective on Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Bank of America raised their target price on Amazon.com from $185.00 to $204.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Stifel Nicolaus upped their price target on Amazon.com from $224.00 to $228.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Finally, Moffett Nathanson restated a “buy” rating and issued a $228.00 target price on shares of Amazon.com in a research note on Thursday, April 11th. One 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 stock. According to MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average target price of $211.62.

Amazon.com 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.