Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Boosted by Insight Inv LLC

Insight Inv LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 10.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,530 shares of the e-commerce giant’s stock after acquiring an additional 1,740 shares during the period. Amazon.com makes up 2.8% of Insight Inv LLC’s portfolio, making the stock its 3rd biggest position. Insight Inv LLC’s holdings in Amazon.com were worth $4,065,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Stewardship Advisors LLC increased its position in shares of Amazon.com by 14.4% in the fourth quarter. Stewardship Advisors LLC now owns 4,154 shares of the e-commerce giant’s stock worth $911,000 after acquiring an additional 524 shares in the last quarter. Compass Wealth Management LLC increased its position in shares of Amazon.com by 1.7% in the fourth quarter. Compass Wealth Management LLC now owns 6,023 shares of the e-commerce giant’s stock worth $1,321,000 after acquiring an additional 100 shares in the last quarter. Grange Capital LLC acquired a new stake in shares of Amazon.com in the fourth quarter worth $1,041,000. Toth Financial Advisory Corp grew its holdings in Amazon.com by 3.0% during the 4th quarter. Toth Financial Advisory Corp now owns 19,971 shares of the e-commerce giant’s stock valued at $4,381,000 after purchasing an additional 581 shares in the last quarter. Finally, Monte Financial Group LLC grew its holdings in Amazon.com by 13.8% during the 4th quarter. Monte Financial Group LLC now owns 1,858 shares of the e-commerce giant’s stock valued at $408,000 after purchasing an additional 226 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of recent analyst reports. Roth Mkm raised their price target on shares of Amazon.com from $220.00 to $250.00 and gave the company a “buy” rating in a report on Monday, December 9th. Wedbush reaffirmed an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, February 7th. HSBC raised their price target on shares of Amazon.com from $225.00 to $270.00 and gave the company a “buy” rating in a report on Monday, January 13th. Truist Financial raised their price objective on shares of Amazon.com from $265.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Moffett Nathanson raised their price objective on shares of Amazon.com from $235.00 to $248.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Two equities research 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 company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.74.

Amazon.com Stock Up 0.6 %

Amazon.com stock opened at $230.37 on Friday. The stock has a market cap of $2.42 trillion, a price-to-earnings ratio of 41.66, a PEG 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 company’s 50-day moving average price is $227.98 and its two-hundred day moving average price is $201.78. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 25.49%. On average, analysts expect that Amazon.com, Inc. will post 6.24 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the transaction, the director now owns 88,203 shares of the company’s stock, valued at $20,273,459.55. The trade was a 4.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction that occurred on 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 transaction, the director now directly owns 24,912 shares in the company, valued at $4,958,982.72. This represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,348 shares of company stock valued at $5,036,214. Company insiders own 10.80% of the company’s stock.

Amazon.com 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.