Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Northwest Financial Advisors

Northwest Financial Advisors grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,123 shares of the e-commerce giant’s stock after acquiring an additional 180 shares during the quarter. Amazon.com accounts for approximately 4.4% of Northwest Financial Advisors’ holdings, making the stock its 4th largest holding. Northwest Financial Advisors’ holdings in Amazon.com were worth $5,292,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Hoese & Co LLP acquired a new stake in Amazon.com in the third quarter worth about $37,000. Bull Oak Capital LLC acquired a new stake in shares of Amazon.com during the third quarter worth about $45,000. Values First Advisors Inc. acquired a new stake in shares of Amazon.com during the third quarter worth about $56,000. IFS Advisors LLC lifted its holdings in shares of Amazon.com by 1,625.0% during the fourth quarter. IFS Advisors LLC now owns 345 shares of the e-commerce giant’s stock worth $76,000 after purchasing an additional 325 shares during the period. Finally, West Financial Advisors LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth about $88,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the sale, the director now owns 24,912 shares in the company, valued at $4,958,982.72. This represents a 4.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the sale, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.09. This trade represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 51,848 shares of company stock worth $11,368,639. 10.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Barclays lifted their target price on Amazon.com from $235.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Truist Financial lifted their target price on Amazon.com from $265.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Wedbush reaffirmed an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a report on Friday, February 7th. UBS Group lifted their price target on Amazon.com from $230.00 to $264.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Finally, JMP Securities reiterated a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research report on Friday, February 7th. 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. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $260.74.

Amazon.com Price Performance

AMZN stock opened at $228.68 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $2.42 trillion, a PE ratio of 41.35, a P/E/G ratio of 1.36 and a beta of 1.15. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The business’s fifty day moving average price is $228.21 and its 200 day moving average price is $202.44.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data 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 25.49% and a net margin of 9.29%. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.24 EPS for the current year.

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.