Waller Financial Planning Group Inc. Has $1.37 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Waller Financial Planning Group Inc. lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,231 shares of the e-commerce giant’s stock after selling 110 shares during the quarter. Waller Financial Planning Group Inc.’s holdings in Amazon.com were worth $1,367,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in AMZN. Everence Capital Management Inc. raised its position in shares of Amazon.com by 0.8% in the 4th quarter. Everence Capital Management Inc. now owns 176,370 shares of the e-commerce giant’s stock worth $38,694,000 after acquiring an additional 1,370 shares in the last quarter. NRI Wealth Management LC acquired a new stake in Amazon.com during the fourth quarter worth approximately $5,990,000. GAMMA Investing LLC increased its holdings in Amazon.com by 17.9% in the fourth quarter. GAMMA Investing LLC now owns 140,541 shares of the e-commerce giant’s stock worth $30,833,000 after purchasing an additional 21,336 shares in the last quarter. Versant Capital Management Inc lifted its stake in Amazon.com by 39.2% in the fourth quarter. Versant Capital Management Inc now owns 12,301 shares of the e-commerce giant’s stock valued at $2,699,000 after buying an additional 3,466 shares during the period. Finally, First Financial Bank Trust Division boosted its holdings in shares of Amazon.com by 126.7% during the 4th quarter. First Financial Bank Trust Division now owns 45,877 shares of the e-commerce giant’s stock worth $10,065,000 after buying an additional 25,644 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Redburn Atlantic boosted their target price on shares of Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Royal Bank of Canada upped their price objective on shares of Amazon.com from $215.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Wolfe Research raised their target price on Amazon.com from $250.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Sanford C. Bernstein upped their price target on Amazon.com from $235.00 to $265.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 18th. Finally, Moffett Nathanson raised their price objective on Amazon.com from $235.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Two 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $245.65.

Insider Buying and Selling

In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total value of $246,237.22. Following the transaction, the director now owns 24,912 shares of the company’s stock, valued at $4,958,982.72. This represents a 4.73 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Matthew S. Garman sold 15,260 shares of Amazon.com stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $200.19, for a total transaction of $3,054,899.40. Following the sale, the chief executive officer now directly owns 349,261 shares of the company’s stock, valued at $69,918,559.59. This represents a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 6,032,344 shares of company stock worth $1,253,456,822. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Trading Up 2.4 %

Shares of AMZN opened at $225.94 on Friday. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $233.00. The stock has a market cap of $2.38 trillion, a PE ratio of 48.38, a P/E/G ratio of 1.22 and a beta of 1.14. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The business’s 50-day moving average price is $217.91 and its 200-day moving average price is $196.30.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The business had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. During the same quarter in the prior year, the firm posted $0.85 EPS. Amazon.com’s revenue was up 11.0% on a year-over-year basis. On average, equities analysts forecast that Amazon.com, Inc. will post 5.38 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.