Kraematon Investment Advisors Inc. Acquires 525 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Kraematon Investment Advisors Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,199 shares of the e-commerce giant’s stock after buying an additional 525 shares during the quarter. Amazon.com makes up 2.2% of Kraematon Investment Advisors Inc.’s portfolio, making the stock its 16th largest position. Kraematon Investment Advisors Inc.’s holdings in Amazon.com were worth $2,238,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Heritage Family Offices LLP acquired a new stake in Amazon.com in the second quarter worth about $206,000. Rhumbline Advisers boosted its stake in shares of Amazon.com by 0.7% in the 2nd quarter. Rhumbline Advisers now owns 17,737,203 shares of the e-commerce giant’s stock valued at $3,427,714,000 after purchasing an additional 130,996 shares during the last quarter. TIAA Trust National Association grew its position in shares of Amazon.com by 4.2% during the 2nd quarter. TIAA Trust National Association now owns 816,632 shares of the e-commerce giant’s stock worth $157,815,000 after buying an additional 33,128 shares during the period. Princeton Capital Management LLC raised its stake in shares of Amazon.com by 0.7% during the second quarter. Princeton Capital Management LLC now owns 118,506 shares of the e-commerce giant’s stock worth $22,901,000 after buying an additional 807 shares during the last quarter. Finally, Affiance Financial LLC boosted its position in shares of Amazon.com by 0.6% in the 2nd quarter. Affiance Financial LLC now owns 10,750 shares of the e-commerce giant’s stock worth $2,077,000 after purchasing an additional 60 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

AMZN has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price objective on Amazon.com from $250.00 to $280.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Robert W. Baird increased their price target on shares of Amazon.com from $220.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Raymond James boosted their price objective on shares of Amazon.com from $230.00 to $260.00 and gave the company a “strong-buy” rating in a report on Tuesday, January 21st. The Goldman Sachs Group upped their target price on shares of Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Susquehanna lifted their price target on shares of Amazon.com from $220.00 to $230.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $249.46.

Amazon.com Trading Down 0.5 %

AMZN stock opened at $237.07 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $241.77. The company’s 50-day simple moving average is $221.62 and its 200 day simple moving average is $198.03. The company has a market capitalization of $2.49 trillion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 1.31 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping the consensus estimate of $1.14 by $0.29. The firm had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.85 earnings per share. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 5.39 earnings per share for the current year.

Insider Activity

In other news, CEO Douglas J. Herrington sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $210.00, for a total value of $735,000.00. Following the transaction, the chief executive officer now owns 524,567 shares in the company, valued at $110,159,070. This trade represents a 0.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jonathan Rubinstein sold 5,004 shares of Amazon.com stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $199.85, for a total transaction of $1,000,049.40. Following the transaction, the director now directly owns 99,396 shares in the company, valued at approximately $19,864,290.60. This represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,032,344 shares of company stock worth $1,253,456,822. Insiders own 10.80% of the company’s stock.

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.