Davidson Capital Management Inc. Has $4.27 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Davidson Capital Management Inc. boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,466 shares of the e-commerce giant’s stock after buying an additional 425 shares during the period. Amazon.com makes up about 1.1% of Davidson Capital Management Inc.’s holdings, making the stock its 12th biggest position. Davidson Capital Management Inc.’s holdings in Amazon.com were worth $4,271,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN. International Assets Investment Management LLC grew its stake in Amazon.com by 20,897.2% in the third quarter. International Assets Investment Management LLC now owns 39,135,449 shares of the e-commerce giant’s stock valued at $72,921,080,000 after purchasing an additional 38,949,065 shares in the last quarter. Parnassus Investments LLC grew its stake in Amazon.com by 82,457.3% in the third quarter. Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock valued at $2,125,148,000 after purchasing an additional 11,391,479 shares in the last quarter. State Street Corp grew its stake in Amazon.com by 3.3% in the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after purchasing an additional 11,370,309 shares in the last quarter. Geode Capital Management LLC grew its stake in Amazon.com by 3.4% in the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after purchasing an additional 6,545,944 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in Amazon.com by 23,742.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 5,102,618 shares of the e-commerce giant’s stock valued at $1,119,463,000 after purchasing an additional 5,081,217 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other news, CFO Brian T. Olsavsky sold 14,620 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $223.14, for a total transaction of $3,262,306.80. Following the completion of the sale, the chief financial officer now directly owns 49,000 shares in the company, valued at approximately $10,933,860. This represents a 22.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the transaction, the chief executive officer now owns 497,067 shares of the company’s stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,298 shares of company stock valued at $22,871,828 in the last three months. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Trading Down 2.4 %

NASDAQ AMZN opened at $194.54 on Tuesday. The stock has a 50-day simple moving average of $223.57 and a 200 day simple moving average of $207.12. The company has a market capitalization of $2.06 trillion, a PE ratio of 35.18, a P/E/G ratio of 1.50 and a beta of 1.19. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Telsey Advisory Group reiterated an “outperform” rating and set a $275.00 price target on shares of Amazon.com in a research note on Friday, February 7th. UBS Group upped their price target on Amazon.com from $230.00 to $264.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. The Goldman Sachs Group upped their price target on Amazon.com from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Sanford C. Bernstein upped their price target on Amazon.com from $235.00 to $265.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 18th. Finally, HSBC upped their price target on Amazon.com from $225.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.65.

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.