Amazon.com, Inc. (NASDAQ:AMZN) is Vestor Capital LLC’s 4th Largest Position

Vestor Capital LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 359,561 shares of the e-commerce giant’s stock after buying an additional 32,355 shares during the period. Amazon.com comprises 6.0% of Vestor Capital LLC’s investment portfolio, making the stock its 4th largest holding. Vestor Capital LLC’s holdings in Amazon.com were worth $78,884,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Runnymede Capital Advisors Inc. acquired a new stake in shares of Amazon.com in the fourth quarter valued at $7,660,000. Cyrus J. Lawrence LLC raised its position in Amazon.com by 0.6% in the 4th quarter. Cyrus J. Lawrence LLC now owns 99,094 shares of the e-commerce giant’s stock valued at $21,470,000 after purchasing an additional 581 shares in the last quarter. Mizuho Securities USA LLC boosted its stake in shares of Amazon.com by 46.4% in the 4th quarter. Mizuho Securities USA LLC now owns 886,960 shares of the e-commerce giant’s stock valued at $194,590,000 after buying an additional 281,242 shares during the period. Fi3 FINANCIAL ADVISORS LLC grew its position in shares of Amazon.com by 3.8% during the fourth quarter. Fi3 FINANCIAL ADVISORS LLC now owns 18,621 shares of the e-commerce giant’s stock worth $4,085,000 after buying an additional 676 shares in the last quarter. Finally, Virtu Financial LLC increased its stake in shares of Amazon.com by 59.3% during the fourth quarter. Virtu Financial LLC now owns 100,052 shares of the e-commerce giant’s stock worth $21,950,000 after buying an additional 37,261 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.47, for a total value of $1,965,077.51. Following the completion of the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. This represents a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the sale, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09. The trade was a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 104,798 shares of company stock valued at $23,341,803 in the last three months. 10.80% of the stock is currently owned by company insiders.

Amazon.com Stock Up 3.5 %

AMZN stock opened at $173.18 on Wednesday. The stock has a market capitalization of $1.84 trillion, a PE ratio of 31.32, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The company has a fifty day moving average of $196.07 and a 200-day moving average of $207.85. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on AMZN. Wolfe Research lifted their price target on shares of Amazon.com from $250.00 to $270.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Phillip Securities cut shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 10th. Cantor Fitzgerald dropped their target price on Amazon.com from $270.00 to $230.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Barclays lifted their price target on Amazon.com from $235.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Finally, Maxim Group upped their price objective on Amazon.com from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $248.96.

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.