Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Gilbert & Cook Inc.

Gilbert & Cook Inc. raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 29,217 shares of the e-commerce giant’s stock after acquiring an additional 1,289 shares during the period. Amazon.com makes up 0.9% of Gilbert & Cook Inc.’s investment portfolio, making the stock its 14th biggest holding. Gilbert & Cook Inc.’s holdings in Amazon.com were worth $6,410,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. MBM Wealth Consultants LLC boosted its stake in Amazon.com by 0.6% in the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after buying an additional 48 shares during the last quarter. Semus Wealth Partners LLC raised its position in shares of Amazon.com by 0.3% in the 3rd quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock worth $3,339,000 after buying an additional 49 shares during the period. Bell Investment Advisors Inc raised its holdings in shares of Amazon.com by 1.5% in the 3rd quarter. Bell Investment Advisors Inc now owns 3,359 shares of the e-commerce giant’s stock worth $626,000 after purchasing an additional 51 shares during the period. Eaton Cambridge Inc. lifted its position in Amazon.com by 1.1% during the fourth quarter. Eaton Cambridge Inc. now owns 4,533 shares of the e-commerce giant’s stock valued at $994,000 after buying an additional 51 shares in the last quarter. Finally, Proathlete Wealth Management LLC boosted its position in Amazon.com by 0.4% during the 4th quarter. Proathlete Wealth Management LLC now owns 12,853 shares of the e-commerce giant’s stock worth $2,820,000 after purchasing an additional 51 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $210.00, for a total transaction of $735,000.00. Following the completion of the transaction, the chief executive officer now owns 524,567 shares in the company, valued at approximately $110,159,070. The trade was a 0.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jonathan Rubinstein sold 4,351 shares of the firm’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the transaction, the director now directly owns 88,203 shares in the company, valued at $20,273,459.55. This trade represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 40,852 shares of company stock valued at $9,324,151 in the last three months. 10.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

AMZN has been the topic of several research reports. Benchmark raised their price objective on Amazon.com from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. BMO Capital Markets reiterated an “outperform” rating and set a $236.00 target price on shares of Amazon.com in a report on Tuesday, December 3rd. Oppenheimer boosted their price target on Amazon.com from $230.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Truist Financial increased their price objective on shares of Amazon.com from $265.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Bank of America lifted their price objective on shares of Amazon.com from $210.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average target price of $260.74.

Amazon.com Stock Down 1.7 %

Amazon.com stock opened at $222.88 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The company has a 50-day simple moving average of $228.10 and a 200-day simple moving average of $203.58. The firm has a market capitalization of $2.36 trillion, a P/E ratio of 40.30, a P/E/G ratio of 1.57 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last posted 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 net margin of 9.29% and a return on equity of 24.25%. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com 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.