Rowlandmiller & PARTNERS.ADV Buys 150 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Rowlandmiller & PARTNERS.ADV grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,307 shares of the e-commerce giant’s stock after buying an additional 150 shares during the period. Rowlandmiller & PARTNERS.ADV’s holdings in Amazon.com were worth $2,042,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings 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 acquiring an additional 38,949,065 shares during the last quarter. Parnassus Investments LLC lifted its position in shares of Amazon.com by 82,457.3% in the 3rd quarter. Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock worth $2,125,148,000 after purchasing an additional 11,391,479 shares during the period. State Street Corp boosted its stake in shares of Amazon.com by 3.3% in the 3rd 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 during the last quarter. Geode Capital Management LLC increased its position in shares of Amazon.com by 3.4% during the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock worth $37,116,341,000 after buying an additional 6,545,944 shares during the period. Finally, Strategic Financial Concepts LLC raised its stake in Amazon.com by 23,742.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 5,102,618 shares of the e-commerce giant’s stock worth $1,119,463,000 after buying an additional 5,081,217 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction on 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 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 Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the sale, 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 102,298 shares of company stock valued at $22,871,828 in the last three months. Company insiders own 10.80% of the company’s stock.

Amazon.com Stock Up 1.2 %

Shares of NASDAQ:AMZN opened at $205.71 on Wednesday. The company has a market capitalization of $2.18 trillion, a PE ratio of 37.20, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. 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 business has a fifty day moving average price of $218.36 and a two-hundred day moving average price of $208.86.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share 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 24.25%. Analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

AMZN has been the subject of a number of recent analyst reports. Stifel Nicolaus increased their price target on Amazon.com from $245.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Phillip Securities cut Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 10th. Maxim Group boosted their price target on Amazon.com from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Mizuho raised their price objective on shares of Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Finally, UBS Group lifted their price objective on shares of Amazon.com from $230.00 to $264.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.