Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,744 shares of the e-commerce giant’s stock after buying an additional 123 shares during the period. Amazon.com accounts for approximately 0.3% of Nicholas Hoffman & Company LLC.’s investment portfolio, making the stock its 27th largest holding. Nicholas Hoffman & Company LLC.’s holdings in Amazon.com were worth $6,745,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Quattro Financial Advisors LLC boosted its position in Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after acquiring an additional 45 shares during the period. MBM Wealth Consultants LLC boosted its position in Amazon.com by 0.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after acquiring an additional 48 shares during the period. Semus Wealth Partners LLC boosted its position in Amazon.com by 0.3% during the 3rd quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock worth $3,339,000 after acquiring an additional 49 shares during the period. GGM Financials LLC boosted its position in Amazon.com by 2.1% during the 4th quarter. GGM Financials LLC now owns 2,463 shares of the e-commerce giant’s stock worth $540,000 after acquiring an additional 50 shares during the period. Finally, Bell Investment Advisors Inc boosted its position in Amazon.com by 1.5% during the 3rd quarter. Bell Investment Advisors Inc now owns 3,359 shares of the e-commerce giant’s stock worth $626,000 after acquiring an additional 51 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $197.95 on Monday. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The firm has a market capitalization of $2.10 trillion, a PE ratio of 35.80, a PEG ratio of 1.50 and a beta of 1.19. The business’s 50 day moving average is $221.65 and its 200-day moving average is $207.76. 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 (NASDAQ:AMZN) last announced its quarterly earnings data 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 return on equity of 24.25% and a net margin of 9.29%. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Activity at Amazon.com

In related news, SVP David Zapolsky sold 19,212 shares of the business’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $217.50, for a total value of $4,178,610.00. Following the sale, the senior vice president now owns 49,950 shares of the company’s stock, valued at $10,864,125. The trade was a 27.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the sale, the chief executive officer now directly owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 102,298 shares of company stock valued at $22,871,828 in the last 90 days. 10.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research reports. Redburn Atlantic raised their price objective on Amazon.com from $225.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. UBS Group raised their price objective on Amazon.com from $230.00 to $264.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Stifel Nicolaus raised their price objective on Amazon.com from $245.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Maxim Group raised their price target on Amazon.com from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Finally, Royal Bank of Canada raised their price target on Amazon.com from $255.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Two investment 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 stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $260.65.

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.