Register Financial Advisors LLC Acquires 722 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Register Financial Advisors LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 13.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,985 shares of the e-commerce giant’s stock after buying an additional 722 shares during the period. Register Financial Advisors LLC’s holdings in Amazon.com were worth $909,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Amazon.com by 4.4% during the 3rd quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock worth $96,350,832,000 after purchasing an additional 32,038,029 shares during the period. State Street Corp boosted its stake in shares of Amazon.com by 1.2% during the 2nd quarter. State Street Corp now owns 335,869,897 shares of the e-commerce giant’s stock worth $43,784,000,000 after purchasing an additional 3,970,330 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Amazon.com by 1,838.8% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock worth $33,134,481,000 after purchasing an additional 295,880,050 shares during the period. FMR LLC boosted its stake in shares of Amazon.com by 7.7% during the 3rd quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock worth $38,403,135,000 after purchasing an additional 21,649,871 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Amazon.com by 2.9% during the 2nd quarter. Geode Capital Management LLC now owns 170,151,722 shares of the e-commerce giant’s stock worth $22,116,108,000 after purchasing an additional 4,842,542 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AMZN has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Amazon.com from $190.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Wedbush boosted their price objective on shares of Amazon.com from $210.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Monness Crespi & Hardt boosted their price objective on shares of Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Raymond James boosted their price objective on shares of Amazon.com from $185.00 to $200.00 and gave the company a “strong-buy” rating in a research report on Friday, February 2nd. Finally, JMP Securities boosted their price objective on shares of Amazon.com from $175.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $197.95.

Amazon.com Trading Up 0.9 %

Shares of Amazon.com stock opened at $179.83 on Thursday. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. Amazon.com, Inc. has a 12-month low of $96.29 and a 12-month high of $181.41. The firm has a market capitalization of $1.87 trillion, a price-to-earnings ratio of 62.01, a PEG ratio of 1.57 and a beta of 1.17. The firm’s 50 day simple moving average is $169.73 and its two-hundred day simple moving average is $151.07.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. During the same quarter in the prior year, the business posted $0.21 EPS. Amazon.com’s revenue for the quarter was up 13.9% compared to the same quarter last year. Analysts predict that Amazon.com, Inc. will post 4.08 EPS for the current year.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $145.63, for a total transaction of $72,815.00. Following the completion of the transaction, the chief executive officer now owns 118,560 shares of the company’s stock, valued at $17,265,892.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $145.63, for a total transaction of $72,815.00. Following the completion of the transaction, the chief executive officer now owns 118,560 shares of the company’s stock, valued at $17,265,892.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 50,000 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer now directly 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 32,210,510 shares of company stock valued at $5,505,223,106 over the last 90 days. Insiders own 12.70% of the company’s stock.

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.