Duncker Streett & Co. Inc. Buys 115 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Duncker Streett & Co. Inc. lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 61,583 shares of the e-commerce giant’s stock after purchasing an additional 115 shares during the quarter. Amazon.com accounts for about 2.5% of Duncker Streett & Co. Inc.’s investment portfolio, making the stock its 7th largest holding. Duncker Streett & Co. Inc.’s holdings in Amazon.com were worth $13,511,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Tower View Wealth Management LLC grew its position in Amazon.com by 1.6% during the 4th quarter. Tower View Wealth Management LLC now owns 28,770 shares of the e-commerce giant’s stock worth $6,312,000 after purchasing an additional 454 shares in the last quarter. Sharkey Howes & Javer acquired a new stake in shares of Amazon.com in the fourth quarter worth $240,000. Heritage Wealth Management Inc. grew its holdings in shares of Amazon.com by 1.5% during the fourth quarter. Heritage Wealth Management Inc. now owns 7,207 shares of the e-commerce giant’s stock valued at $1,581,000 after buying an additional 110 shares in the last quarter. Sherman Asset Management Inc. acquired a new position in Amazon.com during the fourth quarter valued at $1,836,000. Finally, Onefund LLC lifted its stake in Amazon.com by 3.0% in the 4th quarter. Onefund LLC now owns 25,220 shares of the e-commerce giant’s stock worth $5,533,000 after acquiring an additional 733 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of AMZN stock opened at $192.17 on Wednesday. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The company has a market capitalization of $2.04 trillion, a P/E ratio of 34.75, a P/E/G ratio of 1.50 and a beta of 1.19. The stock has a 50 day moving average of $215.38 and a two-hundred day moving average of $209.31. 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 issued its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS 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%. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09. This trade represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP David Zapolsky sold 5,848 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.72, for a total value of $1,290,770.56. Following the completion of the sale, the senior vice president now owns 69,162 shares in the company, valued at approximately $15,265,436.64. This represents a 7.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,298 shares of company stock worth $22,871,828. Corporate insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AMZN. Sanford C. Bernstein upped their target price on Amazon.com from $235.00 to $265.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Wedbush reiterated an “outperform” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, February 7th. Roth Mkm increased their target price on shares of Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Wolfe Research boosted their price target on shares of Amazon.com from $250.00 to $270.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Finally, Oppenheimer upped their price target on shares of Amazon.com from $230.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $260.53.

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.