Amazon.com, Inc. (NASDAQ:AMZN) is Everpar Advisors LLC’s 7th Largest Position

Everpar Advisors LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,932 shares of the e-commerce giant’s stock after purchasing an additional 1,565 shares during the quarter. Amazon.com comprises 2.4% of Everpar Advisors LLC’s portfolio, making the stock its 7th largest position. Everpar Advisors LLC’s holdings in Amazon.com were worth $4,812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fiera Capital Corp boosted its holdings in Amazon.com by 12.5% in the second quarter. Fiera Capital Corp now owns 401,113 shares of the e-commerce giant’s stock worth $77,515,000 after acquiring an additional 44,615 shares in the last quarter. Octavia Wealth Advisors LLC raised its position in shares of Amazon.com by 6.6% in the 2nd quarter. Octavia Wealth Advisors LLC now owns 103,346 shares of the e-commerce giant’s stock worth $19,972,000 after purchasing an additional 6,415 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Amazon.com by 0.7% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 786,676 shares of the e-commerce giant’s stock worth $152,025,000 after purchasing an additional 5,261 shares in the last quarter. Founders Financial Securities LLC grew its position in Amazon.com by 10.0% during the 2nd quarter. Founders Financial Securities LLC now owns 46,781 shares of the e-commerce giant’s stock valued at $9,040,000 after purchasing an additional 4,256 shares during the last quarter. Finally, Archer Investment Corp increased its stake in Amazon.com by 3.2% during the 2nd quarter. Archer Investment Corp now owns 13,538 shares of the e-commerce giant’s stock valued at $2,616,000 after purchasing an additional 418 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.0 %

Shares of AMZN opened at $234.64 on Friday. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $241.77. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The company’s fifty day moving average is $222.30 and its 200 day moving average is $198.30. The stock has a market capitalization of $2.47 trillion, a PE ratio of 50.24, a P/E/G ratio of 1.31 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. The firm had revenue of $158.88 billion for the quarter, compared to analysts’ expectations of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The business’s revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 EPS. Sell-side analysts expect that Amazon.com, Inc. will post 5.39 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Douglas J. Herrington sold 5,502 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $205.81, for a total value of $1,132,366.62. Following the sale, the chief executive officer now directly owns 518,911 shares of the company’s stock, valued at $106,797,072.91. This represents a 1.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the sale, the director now directly owns 24,912 shares of the company’s stock, valued at approximately $4,958,982.72. The trade was a 4.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,027,340 shares of company stock valued at $1,252,456,773 over the last ninety days. 10.80% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently commented on AMZN. BMO Capital Markets reiterated an “outperform” rating and set a $236.00 price target on shares of Amazon.com in a report on Tuesday, December 3rd. Stifel Nicolaus increased their target price on Amazon.com from $224.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Morgan Stanley boosted their price target on Amazon.com from $230.00 to $280.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Raymond James increased their price objective on Amazon.com from $230.00 to $260.00 and gave the company a “strong-buy” rating in a research report on Tuesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Amazon.com from $225.00 to $232.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $249.46.

Amazon.com Company 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.