Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Stevens Capital Partners

Stevens Capital Partners raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 12.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,320 shares of the e-commerce giant’s stock after acquiring an additional 683 shares during the quarter. Amazon.com makes up 0.6% of Stevens Capital Partners’ portfolio, making the stock its 28th biggest position. Stevens Capital Partners’ holdings in Amazon.com were worth $1,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in AMZN. MONECO Advisors LLC increased its holdings in shares of Amazon.com by 4.3% in the 4th quarter. MONECO Advisors LLC now owns 59,874 shares of the e-commerce giant’s stock valued at $13,136,000 after acquiring an additional 2,462 shares during the last quarter. DORCHESTER WEALTH MANAGEMENT Co raised its holdings in shares of Amazon.com by 0.3% during the fourth quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 18,130 shares of the e-commerce giant’s stock worth $3,978,000 after purchasing an additional 62 shares during the period. Pekin Hardy Strauss Inc. lifted its position in shares of Amazon.com by 1.4% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 26,959 shares of the e-commerce giant’s stock worth $5,915,000 after buying an additional 360 shares during the last quarter. Forvis Mazars Wealth Advisors LLC grew its position in shares of Amazon.com by 1.7% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 57,877 shares of the e-commerce giant’s stock valued at $12,698,000 after buying an additional 943 shares during the last quarter. Finally, Pavion Blue Capital LLC raised its stake in Amazon.com by 1.8% during the fourth quarter. Pavion Blue Capital LLC now owns 25,049 shares of the e-commerce giant’s stock worth $5,496,000 after acquiring an additional 454 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Up 3.6 %

Shares of Amazon.com stock opened at $203.26 on Tuesday. The firm has a market cap of $2.15 trillion, a price-to-earnings ratio of 36.76, a P/E/G ratio of 1.50 and a beta of 1.19. The stock has a 50-day simple moving average of $218.60 and a 200-day simple moving average of $208.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AMZN has been the subject of a number of research reports. Telsey Advisory Group restated an “outperform” rating and issued a $275.00 target price on shares of Amazon.com in a research note on Friday, February 7th. Raymond James upped their price objective on Amazon.com from $260.00 to $275.00 in a research note on Monday, February 10th. The Goldman Sachs Group raised their target price on Amazon.com from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Wolfe Research increased their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Finally, Redburn Atlantic upped their target price on shares of Amazon.com from $225.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $260.65.

Insider Activity

In related news, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the completion of the sale, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90. This trade represents a 0.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Brian T. Olsavsky sold 14,620 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $223.14, for a total transaction of $3,262,306.80. Following the completion of the sale, the chief financial officer now owns 49,000 shares of the company’s stock, valued at $10,933,860. The trade was a 22.98 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 102,298 shares of company stock valued at $22,871,828. 10.80% of the stock is owned by insiders.

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.