Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Souders Financial Advisors

Souders Financial Advisors lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,461 shares of the e-commerce giant’s stock after buying an additional 308 shares during the period. Souders Financial Advisors’ holdings in Amazon.com were worth $4,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in AMZN. Vanguard Group Inc. raised its position in Amazon.com by 4.4% in the third quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock valued at $96,350,832,000 after purchasing an additional 32,038,029 shares during the period. International Assets Investment Management LLC raised its holdings in Amazon.com by 16,029.3% in the 4th quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant’s stock valued at $36,260,810,000 after buying an additional 23,717,254 shares during the period. FMR LLC lifted its position in Amazon.com by 7.7% in the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after buying an additional 21,649,871 shares during the last quarter. Jennison Associates LLC boosted its stake in Amazon.com by 28.4% during the third quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock worth $6,989,254,000 after buying an additional 12,176,114 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new stake in shares of Amazon.com during the third quarter valued at about $610,138,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of a number of research analyst reports. Maxim Group started coverage on shares of Amazon.com in a research report on Wednesday, April 17th. They set a “buy” rating and a $218.00 price objective for the company. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $200.00 price objective on shares of Amazon.com in a research note on Wednesday, March 27th. Raymond James increased their target price on Amazon.com from $185.00 to $200.00 and gave the stock a “strong-buy” rating in a research note on Friday, February 2nd. JPMorgan Chase & Co. boosted their price target on shares of Amazon.com from $190.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Finally, Benchmark raised their price objective on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $202.80.

Insider Activity

In related news, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction of $523,807.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at approximately $20,239,226.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the transaction, the chief executive officer now directly owns 116,560 shares in the company, valued at $18,150,723.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the sale, the vice president now directly owns 119,780 shares in the company, valued at $20,239,226.60. The disclosure for this sale can be found here. Insiders have sold 32,214,010 shares of company stock worth $5,505,889,146 over the last ninety days. 10.80% of the stock is currently owned by insiders.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $177.23 on Tuesday. Amazon.com, Inc. has a 12 month low of $101.15 and a 12 month high of $189.77. The firm has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 61.11, a price-to-earnings-growth ratio of 1.52 and a beta of 1.17. The business’s 50 day simple moving average is $177.38 and its 200-day simple moving average is $157.63. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84.

Amazon.com (NASDAQ:AMZN) last posted its 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 for the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. Amazon.com’s 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. As a group, equities analysts forecast that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal 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.