F&V Capital Management LLC Acquires 208 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

F&V Capital Management LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 16.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,509 shares of the e-commerce giant’s stock after purchasing an additional 208 shares during the quarter. F&V Capital Management LLC’s holdings in Amazon.com were worth $331,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AMZN. GEN Financial Management INC. purchased a new position in shares of Amazon.com in the fourth quarter worth $256,000. Baltimore Washington Financial Advisors Inc. grew its stake in Amazon.com by 2.2% during the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 221,879 shares of the e-commerce giant’s stock valued at $48,678,000 after acquiring an additional 4,791 shares in the last quarter. Vantage Point Financial LLC bought a new stake in Amazon.com in the 4th quarter valued at $2,090,000. Optas LLC lifted its stake in Amazon.com by 6.1% in the 4th quarter. Optas LLC now owns 39,645 shares of the e-commerce giant’s stock worth $8,698,000 after purchasing an additional 2,280 shares in the last quarter. Finally, GDS Wealth Management boosted its holdings in shares of Amazon.com by 2.4% during the 4th quarter. GDS Wealth Management now owns 121,496 shares of the e-commerce giant’s stock valued at $26,655,000 after purchasing an additional 2,818 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Sanford C. Bernstein lifted their target price on Amazon.com from $235.00 to $265.00 and gave the stock an “outperform” rating in a report on Wednesday, December 18th. Wells Fargo & Company reduced their price objective on Amazon.com from $207.00 to $203.00 and set an “equal weight” rating on the stock in a research note on Tuesday. DA Davidson increased their target price on Amazon.com from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Barclays raised their target price on shares of Amazon.com from $235.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Finally, The Goldman Sachs Group upped their price target on shares of Amazon.com from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $260.65.

Amazon.com Price Performance

Shares of AMZN stock opened at $214.35 on Thursday. The stock’s 50-day moving average is $226.99 and its 200 day moving average is $205.27. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The company has a market cap of $2.27 trillion, a P/E ratio of 38.76, a PEG ratio of 1.50 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the transaction, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90. This represents a 0.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Douglas J. Herrington sold 3,500 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $210.00, for a total value of $735,000.00. Following the completion of the sale, the chief executive officer now directly owns 524,567 shares of the company’s stock, valued at approximately $110,159,070. This represents a 0.66 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,149 shares of company stock worth $24,606,905 over the last three months. Corporate 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.