Amazon.com, Inc. (NASDAQ:AMZN) Position Increased by Rothschild Capital Partners LLC

Rothschild Capital Partners LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 138,729 shares of the e-commerce giant’s stock after buying an additional 11,850 shares during the period. Amazon.com comprises about 7.4% of Rothschild Capital Partners LLC’s portfolio, making the stock its 2nd biggest position. Rothschild Capital Partners LLC’s holdings in Amazon.com were worth $30,436,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in AMZN. Cable Hill Partners LLC lifted its holdings in shares of Amazon.com by 0.5% during the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock worth $2,104,000 after purchasing an additional 44 shares during the period. Quattro Financial Advisors LLC lifted its holdings in shares of Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares during the period. Northern Capital Management Inc. lifted its holdings in shares of Amazon.com by 0.6% during the fourth quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant’s stock worth $1,613,000 after purchasing an additional 45 shares during the period. White Wing Wealth Management lifted its holdings in shares of Amazon.com by 2.4% during the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock worth $433,000 after purchasing an additional 47 shares during the period. Finally, MBM Wealth Consultants LLC lifted its holdings in shares of Amazon.com by 0.6% during the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after purchasing an additional 48 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Benchmark reissued a “buy” rating and issued a $260.00 target price on shares of Amazon.com in a report on Friday, May 2nd. Mizuho reduced their target price on Amazon.com from $285.00 to $255.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. Evercore ISI reduced their target price on Amazon.com from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, May 2nd. BNP Paribas raised Amazon.com to a “hold” rating in a report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. raised their target price on Amazon.com from $220.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $244.09.

Insiders Place Their Bets

In other news, Director Keith Brian Alexander sold 1,000 shares of Amazon.com stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $210.68, for a total value of $210,680.00. Following the transaction, the director now directly owns 5,465 shares of the company’s stock, valued at $1,151,366.20. The trade was a 15.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the transaction, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90. This represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 80,798 shares of company stock valued at $17,696,733. Insiders own 9.70% of the company’s stock.

Amazon.com Stock Up 0.2%

Shares of NASDAQ:AMZN opened at $205.59 on Friday. The stock’s 50-day moving average price is $189.33 and its two-hundred day moving average price is $208.61. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The firm has a market cap of $2.18 trillion, a price-to-earnings ratio of 37.18, a PEG ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The firm had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same period last year, the company earned $0.98 EPS. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.