Colorado Capital Management Inc. Grows Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Colorado Capital Management Inc. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 103.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,220 shares of the e-commerce giant’s stock after buying an additional 3,159 shares during the quarter. Colorado Capital Management Inc.’s holdings in Amazon.com were worth $1,122,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. ShoreHaven Wealth Partners LLC boosted its stake in Amazon.com by 1.9% in the fourth quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant’s stock worth $491,000 after purchasing an additional 60 shares in the last quarter. O Dell Group LLC increased its stake in shares of Amazon.com by 0.5% in the 4th quarter. O Dell Group LLC now owns 13,581 shares of the e-commerce giant’s stock valued at $2,064,000 after buying an additional 61 shares during the period. Measured Wealth Private Client Group LLC lifted its stake in shares of Amazon.com by 2.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,562 shares of the e-commerce giant’s stock valued at $389,000 after acquiring an additional 62 shares during the period. Ballew Advisors Inc boosted its holdings in Amazon.com by 1.5% in the first quarter. Ballew Advisors Inc now owns 4,248 shares of the e-commerce giant’s stock valued at $790,000 after acquiring an additional 62 shares during the last quarter. Finally, Socha Financial Group LLC boosted its holdings in Amazon.com by 3.3% in the fourth quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock valued at $303,000 after acquiring an additional 63 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 4,710 shares of the business’s stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of $195.00, for a total value of $918,450.00. Following the completion of the sale, the senior vice president now owns 59,500 shares of the company’s stock, valued at approximately $11,602,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Amazon.com news, SVP David Zapolsky sold 4,710 shares of Amazon.com stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $195.00, for a total value of $918,450.00. Following the completion of the transaction, the senior vice president now directly owns 59,500 shares of the company’s stock, valued at approximately $11,602,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at $24,214,400. The disclosure for this sale can be found here. Over the last three months, insiders have sold 66,548 shares of company stock worth $12,180,239. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Up 2.0 %

Amazon.com stock opened at $197.20 on Tuesday. The company’s 50-day moving average price is $183.87 and its two-hundred day moving average price is $173.28. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The stock has a market cap of $2.05 trillion, a P/E ratio of 55.24, a P/E/G ratio of 1.38 and a beta of 1.15. Amazon.com, Inc. has a twelve month low of $118.35 and a twelve month high of $199.84.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.15. The business had revenue of $143.31 billion during the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm’s quarterly revenue was up 12.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.31 EPS. As a group, analysts expect that Amazon.com, Inc. will post 4.72 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AMZN. Telsey Advisory Group boosted their price target on shares of Amazon.com from $200.00 to $215.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. JMP Securities reissued a “market outperform” rating and set a $225.00 price objective on shares of Amazon.com in a research note on Wednesday, May 1st. Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of Amazon.com in a research note on Wednesday, May 1st. Loop Capital boosted their price target on shares of Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a report on Monday, May 6th. Finally, Monness Crespi & Hardt lifted their target price on Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. One research analyst has rated the stock with a hold rating, forty-three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $215.86.

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.