2,650 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Purchased by Williams & Novak LLC

Williams & Novak LLC bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,650 shares of the e-commerce giant’s stock, valued at approximately $403,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Segment Wealth Management LLC increased its position in shares of Amazon.com by 3.7% during the 4th quarter. Segment Wealth Management LLC now owns 33,070 shares of the e-commerce giant’s stock valued at $5,025,000 after purchasing an additional 1,185 shares during the period. Aull & Monroe Investment Management Corp acquired a new stake in shares of Amazon.com in the fourth quarter valued at $225,000. Moody Aldrich Partners LLC boosted its stake in Amazon.com by 31.9% during the fourth quarter. Moody Aldrich Partners LLC now owns 4,319 shares of the e-commerce giant’s stock valued at $656,000 after buying an additional 1,045 shares in the last quarter. B.O.S.S. Retirement Advisors LLC grew its holdings in Amazon.com by 10.3% during the fourth quarter. B.O.S.S. Retirement Advisors LLC now owns 73,102 shares of the e-commerce giant’s stock worth $11,107,000 after acquiring an additional 6,854 shares during the period. Finally, PBMares Wealth Management LLC raised its position in Amazon.com by 0.7% in the fourth quarter. PBMares Wealth Management LLC now owns 16,822 shares of the e-commerce giant’s stock worth $2,556,000 after acquiring an additional 110 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on AMZN shares. Wolfe Research lifted their price objective on shares of Amazon.com from $195.00 to $205.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Royal Bank of Canada lifted their price target on shares of Amazon.com from $180.00 to $215.00 and gave the stock an “outperform” rating in a research report on Friday, February 2nd. Barclays increased their price objective on Amazon.com from $190.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, February 2nd. Robert W. Baird lifted their target price on Amazon.com from $185.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Finally, BMO Capital Markets boosted their target price on Amazon.com from $205.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $205.13.

Insider Buying and Selling

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares in the company, valued at $18,150,723.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the transaction, the chief executive officer now owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeffrey P. Bezos sold 2,009,208 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $166.79, for a total value of $335,115,802.32. Following the sale, the insider now owns 938,251,817 shares of the company’s stock, valued at approximately $156,491,020,557.43. The disclosure for this sale can be found here. Insiders have sold 32,214,010 shares of company stock worth $5,505,889,146 in the last quarter. 10.30% of the stock is currently owned by company insiders.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $179.62 on Friday. The business’s 50-day simple moving average is $177.99 and its 200-day simple moving average is $158.59. Amazon.com, Inc. has a 52 week low of $101.15 and a 52 week 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 firm has a market cap of $1.87 trillion, a price-to-earnings ratio of 61.94, a P/E/G ratio of 1.53 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating the consensus estimate of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The company had revenue of $169.96 billion for the quarter, compared to the consensus estimate of $165.96 billion. During the same quarter last year, the company posted $0.21 earnings per share. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. As a group, equities research analysts expect that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal 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.