Amazon.com, Inc. (NASDAQ:AMZN) Holdings Boosted by RPG Investment Advisory LLC

RPG Investment Advisory LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 101,068 shares of the e-commerce giant’s stock after purchasing an additional 77 shares during the period. Amazon.com comprises approximately 3.0% of RPG Investment Advisory LLC’s investment portfolio, making the stock its 6th largest position. RPG Investment Advisory LLC’s holdings in Amazon.com were worth $22,173,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Accordant Advisory Group Inc grew its stake in Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after acquiring an additional 100 shares in the last quarter. Icon Wealth Advisors LLC grew its position in Amazon.com by 20.5% during the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after purchasing an additional 25,581 shares in the last quarter. Bull Oak Capital LLC purchased a new position in Amazon.com during the third quarter valued at approximately $45,000. Quattro Financial Advisors LLC increased its stake in Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after buying an additional 45 shares during the period. Finally, Compass Planning Associates Inc purchased a new stake in Amazon.com in the 4th quarter worth approximately $51,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on AMZN. Citigroup reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, February 13th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $270.00 target price on shares of Amazon.com in a research report on Friday, February 7th. Sanford C. Bernstein lifted their price target on Amazon.com from $235.00 to $265.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Wedbush restated an “outperform” rating and issued a $280.00 price objective on shares of Amazon.com in a report on Friday, February 7th. Finally, Stifel Nicolaus lifted their target price on shares of Amazon.com from $245.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $260.65.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the sale, the chief executive officer now directly owns 497,067 shares in the company, valued at $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. 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 currently owned by corporate insiders.

Amazon.com Stock Up 1.2 %

AMZN opened at $205.71 on Wednesday. The company has a market capitalization of $2.18 trillion, a P/E ratio of 37.20, a P/E/G ratio of 1.50 and a beta of 1.19. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The firm’s fifty day moving average price is $218.36 and its two-hundred day moving average price is $208.86. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52.

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