Tilia Fiduciary Partners Inc. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,421 shares of the e-commerce giant’s stock after purchasing an additional 285 shares during the period. Amazon.com comprises approximately 1.7% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 20th biggest position. Tilia Fiduciary Partners Inc.’s holdings in Amazon.com were worth $2,506,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of AMZN. Stelac Advisory Services LLC lifted its position in shares of Amazon.com by 3.4% during the 2nd quarter. Stelac Advisory Services LLC now owns 4,924 shares of the e-commerce giant’s stock valued at $952,000 after acquiring an additional 164 shares during the period. Smith Salley Wealth Management boosted its holdings in Amazon.com by 6.7% in the second quarter. Smith Salley Wealth Management now owns 235,717 shares of the e-commerce giant’s stock worth $45,552,000 after acquiring an additional 14,769 shares in the last quarter. Braun Stacey Associates Inc. grew its stake in Amazon.com by 2.3% in the second quarter. Braun Stacey Associates Inc. now owns 524,412 shares of the e-commerce giant’s stock valued at $101,342,000 after acquiring an additional 11,570 shares during the period. Callahan Advisors LLC grew its stake in Amazon.com by 2.7% in the second quarter. Callahan Advisors LLC now owns 206,272 shares of the e-commerce giant’s stock valued at $39,862,000 after acquiring an additional 5,350 shares during the period. Finally, Lawson Kroeker Investment Management Inc. NE bought a new stake in shares of Amazon.com during the second quarter valued at approximately $464,000. 72.20% of the stock is owned by institutional investors.
Amazon.com Trading Up 2.1 %
Shares of AMZN stock opened at $230.71 on Wednesday. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $233.00. The company’s fifty day simple moving average is $218.30 and its two-hundred day simple moving average is $196.47. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The stock has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 49.40, a PEG ratio of 1.26 and a beta of 1.14.
Analysts Set New Price Targets
Several analysts recently issued reports on AMZN shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $230.00 price target on shares of Amazon.com in a research report on Monday, October 7th. Wells Fargo & Company lifted their price objective on shares of Amazon.com from $197.00 to $212.00 and gave the company an “equal weight” rating in a report on Tuesday, January 14th. Scotiabank upped their target price on shares of Amazon.com from $245.00 to $246.00 and gave the stock a “sector outperform” rating in a report on Friday, November 1st. DA Davidson reiterated a “buy” rating and set a $235.00 price target on shares of Amazon.com in a research note on Thursday, October 10th. Finally, Jefferies Financial Group increased their price objective on Amazon.com from $235.00 to $275.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $246.85.
View Our Latest Research Report on Amazon.com
Insider Transactions at Amazon.com
In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total value of $246,237.22. Following the transaction, the director now owns 24,912 shares of the company’s stock, valued at approximately $4,958,982.72. This represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Matthew S. Garman sold 15,260 shares of Amazon.com stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $200.19, for a total value of $3,054,899.40. Following the sale, the chief executive officer now directly owns 349,261 shares of the company’s stock, valued at $69,918,559.59. This represents a 4.19 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,032,344 shares of company stock valued at $1,253,456,822. 10.80% of the stock is currently owned by corporate insiders.
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.
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