Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Toth Financial Advisory Corp

Toth Financial Advisory Corp grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,359 shares of the e-commerce giant’s stock after acquiring an additional 757 shares during the period. Toth Financial Advisory Corp’s holdings in Amazon.com were worth $3,093,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Family Legacy Inc. lifted its position in shares of Amazon.com by 0.8% during the 3rd quarter. Family Legacy Inc. now owns 28,641 shares of the e-commerce giant’s stock worth $3,641,000 after purchasing an additional 221 shares during the last quarter. Brave Asset Management Inc. lifted its position in shares of Amazon.com by 2.1% during the 3rd quarter. Brave Asset Management Inc. now owns 48,856 shares of the e-commerce giant’s stock worth $6,211,000 after purchasing an additional 1,025 shares during the last quarter. Hofer & Associates. Inc lifted its position in shares of Amazon.com by 0.9% during the 3rd quarter. Hofer & Associates. Inc now owns 10,402 shares of the e-commerce giant’s stock worth $1,322,000 after purchasing an additional 96 shares during the last quarter. RAM Investment Partners LLC lifted its position in shares of Amazon.com by 0.9% during the 3rd quarter. RAM Investment Partners LLC now owns 18,427 shares of the e-commerce giant’s stock worth $2,342,000 after purchasing an additional 173 shares during the last quarter. Finally, SignalPoint Asset Management LLC lifted its position in shares of Amazon.com by 11.3% during the 3rd quarter. SignalPoint Asset Management LLC now owns 33,866 shares of the e-commerce giant’s stock worth $4,305,000 after purchasing an additional 3,429 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 20,200 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total value of $3,433,798.00. Following the transaction, the chief executive officer now directly owns 514,131 shares in the company, valued at approximately $87,397,128.69. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, CEO Douglas J. Herrington sold 20,200 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total value of $3,433,798.00. Following the transaction, the chief executive officer now directly owns 514,131 shares in the company, valued at approximately $87,397,128.69. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Adam Selipsky sold 500 shares of Amazon.com 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 owns 116,560 shares in the company, valued at $18,150,723.20. The disclosure for this sale can be found here. Insiders sold a total of 32,214,010 shares of company stock valued at $5,505,889,146 in the last ninety days. Corporate insiders own 10.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AMZN shares. JMP Securities reissued a “market outperform” rating and issued a $225.00 price target on shares of Amazon.com in a research report on Wednesday. Royal Bank of Canada boosted their price target on shares of Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. UBS Group boosted their price target on shares of Amazon.com from $198.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday. Maxim Group started coverage on shares of Amazon.com in a research report on Wednesday, April 17th. They issued a “buy” rating and a $218.00 price target for the company. Finally, Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of Amazon.com in a report on Wednesday. One equities 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $205.13.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $179.62 on Friday. Amazon.com, Inc. has a fifty-two week low of $101.15 and a fifty-two week high of $189.77. The firm’s 50 day moving average is $177.99 and its two-hundred day moving average is $158.79. The company has a market cap of $1.87 trillion, a P/E ratio of 61.94, a P/E/G ratio of 1.50 and a beta of 1.16. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. The business had revenue of $169.96 billion during the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the business earned $0.21 EPS. Analysts expect that Amazon.com, Inc. will post 4.11 EPS for the current year.

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.