Well Done LLC Has $2.27 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Well Done LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,913 shares of the e-commerce giant’s stock after acquiring an additional 138 shares during the period. Well Done LLC’s holdings in Amazon.com were worth $2,266,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. State Street Corp boosted its position in Amazon.com by 1,869.1% in the second quarter. State Street Corp now owns 326,727,487 shares of the e-commerce giant’s stock valued at $34,701,726,000 after buying an additional 310,134,486 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in Amazon.com by 1,838.8% in the second quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock valued at $33,134,481,000 after buying an additional 295,880,050 shares in the last quarter. FMR LLC boosted its position in Amazon.com by 1,792.4% in the second quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock valued at $30,381,089,000 after buying an additional 270,931,640 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its position in Amazon.com by 120,235.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 116,480,298 shares of the e-commerce giant’s stock valued at $9,784,345,000 after buying an additional 116,383,502 shares in the last quarter. Finally, Norges Bank acquired a new position in Amazon.com in the fourth quarter valued at about $8,263,591,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $180.73, for a total value of $632,555.00. Following the completion of the transaction, the chief executive officer now owns 512,858 shares in the company, valued at $92,688,826.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction on Monday, April 1st. The shares were sold at an average price of $180.73, for a total transaction of $632,555.00. Following the completion of the transaction, the chief executive officer now owns 512,858 shares in the company, valued at $92,688,826.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total transaction of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. Insiders sold 32,213,510 shares of company stock worth $5,505,782,846 over the last quarter. 12.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on AMZN shares. Evercore ISI boosted their price target on shares of Amazon.com from $195.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Telsey Advisory Group restated an “outperform” rating and issued a $200.00 price target on shares of Amazon.com in a research report on Wednesday, March 27th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Amazon.com from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Oppenheimer boosted their target price on shares of Amazon.com from $200.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Finally, Benchmark boosted their target price on shares of Amazon.com from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $198.09.

Amazon.com Stock Up 2.8 %

Amazon.com stock opened at $185.07 on Friday. The stock has a market capitalization of $1.92 trillion, a PE ratio of 63.82, a price-to-earnings-growth ratio of 1.57 and a beta of 1.16. Amazon.com, Inc. has a twelve month low of $97.71 and a twelve month high of $186.27. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The company has a 50 day moving average of $173.82 and a 200-day moving average of $153.21.

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 the consensus estimate of $0.81 by $0.19. The company had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.21 earnings per share. On average, equities research analysts anticipate that Amazon.com, Inc. will post 4.08 EPS for the current fiscal 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.