Compass Financial Group Inc. Buys New Position in Amazon.com, Inc. (NASDAQ:AMZN)

Compass Financial Group Inc. purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 913 shares of the e-commerce giant’s stock, valued at approximately $200,000.

Other large investors have also bought and sold shares of the company. Parkside Financial Bank & Trust grew its position in Amazon.com by 5.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 59,604 shares of the e-commerce giant’s stock worth $13,077,000 after purchasing an additional 3,063 shares in the last quarter. Hilltop Partners LLC boosted its stake in shares of Amazon.com by 2.7% in the 4th quarter. Hilltop Partners LLC now owns 12,430 shares of the e-commerce giant’s stock worth $2,727,000 after buying an additional 324 shares during the last quarter. Sentinel Trust Co. LBA grew its holdings in shares of Amazon.com by 12.1% in the fourth quarter. Sentinel Trust Co. LBA now owns 5,607 shares of the e-commerce giant’s stock valued at $1,230,000 after acquiring an additional 603 shares in the last quarter. Verus Capital Partners LLC increased its position in shares of Amazon.com by 3.7% during the fourth quarter. Verus Capital Partners LLC now owns 423,228 shares of the e-commerce giant’s stock valued at $92,852,000 after acquiring an additional 14,974 shares during the last quarter. Finally, Fusion Capital LLC lifted its holdings in Amazon.com by 11.5% during the fourth quarter. Fusion Capital LLC now owns 17,805 shares of the e-commerce giant’s stock worth $3,906,000 after acquiring an additional 1,837 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on AMZN. Robert W. Baird lifted their target price on Amazon.com from $220.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Loop Capital lifted their price objective on shares of Amazon.com from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. Barclays increased their target price on shares of Amazon.com from $235.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Telsey Advisory Group restated an “outperform” rating and set a $275.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Finally, Mizuho upped their price objective on Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $260.65.

Amazon.com Trading Down 4.3 %

Shares of AMZN opened at $192.72 on Monday. The stock has a market capitalization of $2.04 trillion, a P/E ratio of 34.85, a PEG ratio of 1.50 and a beta of 1.19. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The firm has a fifty day simple moving average of $216.86 and a two-hundred day simple moving average of $209.25.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating 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%. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 19,212 shares of the firm’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $217.50, for a total value of $4,178,610.00. Following the completion of the sale, the senior vice president now directly owns 49,950 shares in the company, valued at $10,864,125. This trade represents a 27.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Douglas J. Herrington sold 5,501 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total value of $1,256,648.44. Following the transaction, the chief executive officer now owns 505,318 shares in the company, valued at $115,434,843.92. This trade represents a 1.08 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 102,298 shares of company stock worth $22,871,828. 10.80% of the stock is currently owned by corporate insiders.

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.