ORBA Wealth Advisors L.L.C. Has $2.44 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

ORBA Wealth Advisors L.L.C. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,122 shares of the e-commerce giant’s stock after acquiring an additional 255 shares during the quarter. Amazon.com accounts for approximately 1.3% of ORBA Wealth Advisors L.L.C.’s investment portfolio, making the stock its 28th biggest holding. ORBA Wealth Advisors L.L.C.’s holdings in Amazon.com were worth $2,440,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Impact Investors Inc acquired a new stake in Amazon.com in the 4th quarter worth about $422,000. Sabal Trust CO boosted its stake in shares of Amazon.com by 9.2% in the 4th quarter. Sabal Trust CO now owns 46,481 shares of the e-commerce giant’s stock valued at $10,197,000 after purchasing an additional 3,935 shares during the last quarter. Siligmueller & Norvid Wealth Advisors LLC bought a new position in shares of Amazon.com during the 4th quarter worth approximately $648,000. National Pension Service increased its position in Amazon.com by 1.0% in the 4th quarter. National Pension Service now owns 17,083,851 shares of the e-commerce giant’s stock valued at $3,748,026,000 after buying an additional 163,325 shares in the last quarter. Finally, Kellett Wealth Advisors LLC lifted its stake in shares of Amazon.com by 31.1% in the fourth quarter. Kellett Wealth Advisors LLC now owns 7,464 shares of the e-commerce giant’s stock valued at $1,638,000 after buying an additional 1,770 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AMZN shares. Benchmark upped their price objective on shares of Amazon.com from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Raymond James lifted their price objective on shares of Amazon.com from $260.00 to $275.00 in a report on Monday, February 10th. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Friday, February 7th. UBS Group lifted their target price on shares of Amazon.com from $230.00 to $264.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Finally, Royal Bank of Canada upped their target price on Amazon.com from $255.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $260.65.

Insider Buying and Selling at Amazon.com

In related news, CFO Brian T. Olsavsky sold 14,620 shares of the company’s 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 transaction, the chief financial officer now owns 49,000 shares in the company, valued at $10,933,860. This represents a 22.98 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was 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 in the company, 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. In the last quarter, insiders have sold 102,298 shares of company stock valued at $22,871,828. Company insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $192.72 on Friday. The firm has a market cap of $2.04 trillion, a price-to-earnings ratio of 34.85, a P/E/G ratio of 1.50 and a beta of 1.19. The firm has a fifty day moving average price of $216.86 and a 200 day moving average price of $208.87. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) 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, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.