Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,599 shares of the e-commerce giant’s stock after purchasing an additional 1,600 shares during the period. Integrated Investment Consultants LLC’s holdings in Amazon.com were worth $3,861,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Fiera Capital Corp boosted its stake in shares of Amazon.com by 12.5% during the second quarter. Fiera Capital Corp now owns 401,113 shares of the e-commerce giant’s stock valued at $77,515,000 after acquiring an additional 44,615 shares during the last quarter. GPM Growth Investors Inc. acquired a new stake in shares of Amazon.com during the 2nd quarter worth about $10,269,000. Pursue Wealth Partners LLC boosted its stake in shares of Amazon.com by 4.9% during the 2nd quarter. Pursue Wealth Partners LLC now owns 27,117 shares of the e-commerce giant’s stock worth $5,240,000 after purchasing an additional 1,275 shares during the last quarter. Vance Wealth Inc. grew its holdings in shares of Amazon.com by 1.7% during the second quarter. Vance Wealth Inc. now owns 12,943 shares of the e-commerce giant’s stock worth $2,501,000 after buying an additional 216 shares in the last quarter. Finally, Commons Capital LLC raised its position in shares of Amazon.com by 3.3% in the second quarter. Commons Capital LLC now owns 29,146 shares of the e-commerce giant’s stock valued at $5,632,000 after buying an additional 931 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on AMZN. Piper Sandler lifted their target price on shares of Amazon.com from $215.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, November 1st. Morgan Stanley upped their target price on Amazon.com from $230.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. raised their price target on Amazon.com from $250.00 to $280.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Rosenblatt Securities increased their price objective on shares of Amazon.com from $221.00 to $236.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $270.00 target price on shares of Amazon.com in a research report on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $250.33.

Amazon.com Trading Up 1.3 %

AMZN opened at $237.68 on Friday. The stock has a market capitalization of $2.50 trillion, a PE ratio of 50.90, a P/E/G ratio of 1.35 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $241.77. The firm’s fifty day moving average price is $223.02 and its 200 day moving average price is $198.55.

Amazon.com (NASDAQ:AMZN) last issued its quarterly 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 business had revenue of $158.88 billion for the quarter, compared to analysts’ expectations of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.85 earnings per share. As a group, research analysts expect that Amazon.com, Inc. will post 5.3 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, Director Jonathan Rubinstein sold 4,766 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $209.85, for a total transaction of $1,000,145.10. Following the completion of the transaction, the director now owns 94,630 shares in the company, valued at $19,858,105.50. The trade was a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was 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. The trade was a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,027,340 shares of company stock worth $1,252,456,773 over the last quarter. 10.80% of the stock is owned by corporate insiders.

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.