Amazon.com, Inc. (NASDAQ:AMZN) Position Boosted by Neumann Capital Management LLC

Neumann Capital Management LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,240 shares of the e-commerce giant’s stock after buying an additional 200 shares during the quarter. Neumann Capital Management LLC’s holdings in Amazon.com were worth $2,027,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Icon Wealth Advisors LLC lifted its holdings in Amazon.com by 20.5% in the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after acquiring an additional 25,581 shares during the last quarter. Hoese & Co LLP acquired a new stake in shares of Amazon.com during the 3rd quarter worth approximately $37,000. Bull Oak Capital LLC bought a new stake in shares of Amazon.com in the 3rd quarter worth approximately $45,000. Values First Advisors Inc. acquired a new position in Amazon.com during the 3rd quarter valued at approximately $56,000. Finally, Harbor Investment Advisory LLC grew its stake in Amazon.com by 1.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 301,946 shares of the e-commerce giant’s stock worth $66,000 after buying an additional 3,055 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Down 0.2 %

Shares of Amazon.com stock opened at $232.76 on Wednesday. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The company has a market cap of $2.45 trillion, a P/E ratio of 42.09, a P/E/G ratio of 1.36 and a beta of 1.15. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The stock has a 50-day moving average price of $227.38 and a 200 day moving average price of $201.24.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 25.49%. As a group, analysts expect that Amazon.com, Inc. will post 6.24 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent research reports. Benchmark raised their target price on Amazon.com from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Oppenheimer boosted their target price on shares of Amazon.com from $230.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Wedbush restated an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $250.00 price target on shares of Amazon.com in a report on Friday, February 7th. Finally, Mizuho increased their price objective on Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.52.

Insider Buying and Selling at Amazon.com

In other news, CEO Matthew S. Garman sold 15,260 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 349,261 shares of the company’s stock, valued at $69,918,559.59. This trade represents a 4.19 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total value of $246,237.22. Following the sale, the director now owns 24,912 shares of the company’s stock, valued at approximately $4,958,982.72. This represents a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,850 shares of company stock valued at $6,168,581 in the last quarter. Company insiders own 10.80% of the company’s stock.

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.