Householder Group Estate & Retirement Specialist LLC Buys 653 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Householder Group Estate & Retirement Specialist LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,825 shares of the e-commerce giant’s stock after acquiring an additional 653 shares during the quarter. Amazon.com comprises approximately 1.9% of Householder Group Estate & Retirement Specialist LLC’s investment portfolio, making the stock its 8th largest holding. Householder Group Estate & Retirement Specialist LLC’s holdings in Amazon.com were worth $5,899,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Citadel Investment Advisory Inc. increased its holdings in shares of Amazon.com by 2.4% during the fourth quarter. Citadel Investment Advisory Inc. now owns 5,160 shares of the e-commerce giant’s stock valued at $784,000 after acquiring an additional 120 shares in the last quarter. Webster Bank N. A. boosted its position in Amazon.com by 3.6% in the fourth quarter. Webster Bank N. A. now owns 123,836 shares of the e-commerce giant’s stock valued at $18,816,000 after buying an additional 4,258 shares during the last quarter. Independence Bank of Kentucky boosted its position in Amazon.com by 12.1% in the fourth quarter. Independence Bank of Kentucky now owns 44,331 shares of the e-commerce giant’s stock valued at $6,736,000 after buying an additional 4,797 shares during the last quarter. Colonial River Wealth Management LLC boosted its position in Amazon.com by 6.0% in the fourth quarter. Colonial River Wealth Management LLC now owns 13,859 shares of the e-commerce giant’s stock valued at $2,106,000 after buying an additional 789 shares during the last quarter. Finally, Baskin Financial Services Inc. boosted its position in Amazon.com by 0.8% in the fourth quarter. Baskin Financial Services Inc. now owns 238,497 shares of the e-commerce giant’s stock valued at $36,237,000 after buying an additional 1,992 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Royal Bank of Canada upped their target price on Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Canaccord Genuity Group upped their target price on Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Monness Crespi & Hardt upped their target price on Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Maxim Group assumed coverage on Amazon.com in a research report on Wednesday. They issued a “buy” rating and a $218.00 target price on the stock. Finally, Oppenheimer upped their target price on Amazon.com from $200.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and a consensus target price of $202.80.

Amazon.com Stock Down 1.1 %

NASDAQ AMZN opened at $181.28 on Thursday. The business has a fifty day moving average price of $177.09 and a 200 day moving average price of $156.36. Amazon.com, Inc. has a one year low of $101.15 and a one year high of $189.77. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The company has a market cap of $1.89 trillion, a P/E ratio of 62.51, a P/E/G ratio of 1.60 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business had revenue of $169.96 billion during the quarter, compared to the consensus estimate of $165.96 billion. During the same period last year, the company earned $0.21 EPS. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. Research analysts anticipate that Amazon.com, Inc. will post 4.08 EPS for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $20,239,226.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The disclosure for this sale can be found here. Insiders sold 32,213,510 shares of company stock valued at $5,505,798,456 in the last three months. 12.70% of the stock is currently owned by insiders.

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.