Captrust Financial Advisors Purchases 174,138 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Captrust Financial Advisors grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 9.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,017,114 shares of the e-commerce giant’s stock after purchasing an additional 174,138 shares during the quarter. Amazon.com makes up about 1.3% of Captrust Financial Advisors’ portfolio, making the stock its 15th largest position. Captrust Financial Advisors’ holdings in Amazon.com were worth $442,535,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AMZN. Regent Peak Wealth Advisors LLC raised its position in shares of Amazon.com by 0.7% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 45,153 shares of the e-commerce giant’s stock worth $9,906,000 after acquiring an additional 318 shares in the last quarter. RMR Wealth Builders raised its position in shares of Amazon.com by 2.5% in the 4th quarter. RMR Wealth Builders now owns 70,423 shares of the e-commerce giant’s stock worth $15,450,000 after acquiring an additional 1,690 shares in the last quarter. JCIC Asset Management Inc. raised its position in shares of Amazon.com by 1.0% in the 4th quarter. JCIC Asset Management Inc. now owns 79,557 shares of the e-commerce giant’s stock worth $17,454,000 after acquiring an additional 754 shares in the last quarter. Fulcrum Capital LLC raised its position in shares of Amazon.com by 1.1% in the 4th quarter. Fulcrum Capital LLC now owns 101,212 shares of the e-commerce giant’s stock worth $22,205,000 after acquiring an additional 1,055 shares in the last quarter. Finally, Enterprise Bank & Trust Co raised its position in shares of Amazon.com by 2.1% in the 4th quarter. Enterprise Bank & Trust Co now owns 44,690 shares of the e-commerce giant’s stock worth $9,805,000 after acquiring an additional 927 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Down 1.0%

NASDAQ:AMZN opened at $200.99 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $2.13 trillion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The firm’s 50 day moving average is $190.05 and its 200 day moving average is $208.80. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52.

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

Insider Buying and Selling

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $201.57, for a total transaction of $3,577,867.50. Following the sale, the chief financial officer now owns 49,000 shares of the company’s stock, valued at $9,876,930. The trade was a 26.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Shelley Reynolds sold 2,695 shares of the business’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $200.79, for a total transaction of $541,129.05. Following the sale, the vice president now directly owns 119,780 shares in the company, valued at $24,050,626.20. The trade was a 2.20% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 118,749 shares of company stock valued at $24,197,235. 9.70% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently commented on AMZN. Truist Financial reduced their target price on Amazon.com from $265.00 to $230.00 and set a “buy” rating for the company in a research note on Thursday, April 10th. Raymond James restated an “outperform” rating and issued a $195.00 target price (down from $275.00) on shares of Amazon.com in a research note on Monday, April 21st. Westpark Capital restated a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Jefferies Financial Group reduced their target price on Amazon.com from $250.00 to $240.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Finally, Bank of America reduced their target price on Amazon.com from $257.00 to $225.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Four analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $244.09.

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.