Yarbrough Capital LLC Has $189.78 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Yarbrough Capital LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 865,027 shares of the e-commerce giant’s stock after acquiring an additional 1,680 shares during the period. Amazon.com accounts for approximately 7.3% of Yarbrough Capital LLC’s holdings, making the stock its 4th biggest holding. Yarbrough Capital LLC’s holdings in Amazon.com were worth $189,778,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Icon Wealth Advisors LLC lifted its stake in Amazon.com by 20.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after acquiring an additional 25,581 shares during the period. Hoese & Co LLP purchased a new position in Amazon.com during the third quarter worth $37,000. Bull Oak Capital LLC purchased a new stake in Amazon.com in the 3rd quarter valued at about $45,000. Values First Advisors Inc. purchased a new position in Amazon.com during the 3rd quarter valued at about $56,000. Finally, IFS Advisors LLC grew its stake in Amazon.com by 1,625.0% in the fourth quarter. IFS Advisors LLC now owns 345 shares of the e-commerce giant’s stock valued at $76,000 after purchasing an additional 325 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other news, insider Jeffrey P. Bezos sold 2,996,362 shares of Amazon.com stock in a transaction on Friday, November 8th. The stock was sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the completion of the transaction, the insider now owns 917,416,976 shares of the company’s stock, valued at $191,602,535,437.60. The trade was a 0.33 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jonathan Rubinstein sold 4,351 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the sale, the director now directly owns 88,203 shares in the company, valued at approximately $20,273,459.55. The trade was a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,032,344 shares of company stock worth $1,253,456,822. Company insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets restated an “outperform” rating and set a $236.00 price target on shares of Amazon.com in a research note on Tuesday, December 3rd. Cantor Fitzgerald restated an “overweight” rating and issued a $270.00 price objective on shares of Amazon.com in a research report on Wednesday, January 22nd. Royal Bank of Canada raised their target price on Amazon.com from $215.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Rosenblatt Securities boosted their target price on Amazon.com from $221.00 to $236.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Raymond James increased their price target on shares of Amazon.com from $230.00 to $260.00 and gave the company a “strong-buy” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $249.46.

View Our Latest Report on Amazon.com

Amazon.com Price Performance

Shares of AMZN opened at $237.07 on Thursday. The stock has a market cap of $2.49 trillion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 1.31 and a beta of 1.14. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $241.77. The firm has a fifty day moving average price of $221.62 and a 200 day moving average price of $198.03. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The firm had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. During the same period in the prior year, the business earned $0.85 EPS. The firm’s revenue was up 11.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 5.39 EPS for the current year.

Amazon.com Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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