SJS Investment Consulting Inc. Acquires 172 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

SJS Investment Consulting Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,182 shares of the e-commerce giant’s stock after acquiring an additional 172 shares during the period. Amazon.com accounts for 0.4% of SJS Investment Consulting Inc.’s portfolio, making the stock its 23rd largest holding. SJS Investment Consulting Inc.’s holdings in Amazon.com were worth $2,234,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Rench Wealth Management Inc. raised its position in shares of Amazon.com by 7.9% during the 3rd quarter. Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant’s stock valued at $9,392,000 after purchasing an additional 3,703 shares during the period. Foundations Investment Advisors LLC raised its position in shares of Amazon.com by 9.7% during the 3rd quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant’s stock valued at $34,395,000 after purchasing an additional 16,392 shares during the period. Blankinship & Foster LLC raised its position in shares of Amazon.com by 216.4% during the 3rd quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant’s stock valued at $1,291,000 after purchasing an additional 4,740 shares during the period. Umpqua Bank raised its position in shares of Amazon.com by 0.4% during the 3rd quarter. Umpqua Bank now owns 35,120 shares of the e-commerce giant’s stock valued at $6,544,000 after purchasing an additional 137 shares during the period. Finally, One Wealth Capital Management LLC bought a new stake in shares of Amazon.com during the 4th quarter valued at $4,270,000. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 5,502 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $205.81, for a total value of $1,132,366.62. Following the completion of the sale, the chief executive officer now directly owns 518,911 shares in the company, valued at approximately $106,797,072.91. This represents a 1.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total value of $246,237.22. Following the transaction, the director now directly owns 24,912 shares in the company, valued at $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 a total of 29,850 shares of company stock valued at $6,168,581 over the last quarter. 10.80% of the stock is owned by corporate insiders.

Amazon.com Price Performance

AMZN stock opened at $228.93 on Thursday. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The company has a 50-day moving average price of $227.77 and a 200 day moving average price of $201.59. The stock has a market cap of $2.43 trillion, a PE ratio of 41.40, 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.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 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%. Equities research analysts anticipate that Amazon.com, Inc. will post 6.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several recent analyst reports. UBS Group raised their price objective on shares of Amazon.com from $230.00 to $264.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Jefferies Financial Group raised their target price on shares of Amazon.com from $235.00 to $275.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Citigroup cut their target price on shares of Amazon.com from $275.00 to $273.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Morgan Stanley raised their target price on shares of Amazon.com from $230.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Finally, TD Cowen raised their target price on shares of Amazon.com from $240.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $260.74.

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.