West Bancorporation Inc. Buys 225 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

West Bancorporation Inc. boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,461 shares of the e-commerce giant’s stock after acquiring an additional 225 shares during the quarter. Amazon.com comprises about 0.6% of West Bancorporation Inc.’s investment portfolio, making the stock its 28th biggest position. West Bancorporation Inc.’s holdings in Amazon.com were worth $979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in AMZN. Accordant Advisory Group Inc increased its stake in Amazon.com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after acquiring an additional 100 shares during the last quarter. Icon Wealth Advisors LLC boosted its position in shares of Amazon.com by 20.5% during the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after buying an additional 25,581 shares during the period. Hoese & Co LLP purchased a new position in shares of Amazon.com during the third quarter valued at approximately $37,000. Bull Oak Capital LLC purchased a new position in shares of Amazon.com during the third quarter valued at approximately $45,000. Finally, Values First Advisors Inc. purchased a new position in shares of Amazon.com during the third quarter valued at approximately $56,000. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Robert W. Baird boosted their target price on Amazon.com from $220.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Telsey Advisory Group reiterated an “outperform” rating and issued a $275.00 price target on shares of Amazon.com in a report on Friday, February 7th. Roth Mkm boosted their price target on Amazon.com from $220.00 to $250.00 and gave the company a “buy” rating in a report on Monday, December 9th. Redburn Atlantic boosted their price target on Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Canaccord Genuity Group reiterated a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Two research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.74.

Amazon.com Price Performance

Shares of AMZN opened at $216.58 on Friday. The stock has a market capitalization of $2.30 trillion, a P/E ratio of 39.16, a P/E/G ratio of 1.54 and a beta of 1.15. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a 50 day moving average of $227.88 and a 200-day moving average of $204.26. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction on Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the sale, the director now owns 88,203 shares of the company’s stock, valued at approximately $20,273,459.55. This trade represents a 4.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. This trade represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 40,852 shares of company stock valued at $9,324,151 over the last ninety days. 10.80% of the stock is currently owned by company insiders.

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.