Holistic Planning LLC Increases Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Holistic Planning LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,046 shares of the e-commerce giant’s stock after purchasing an additional 377 shares during the period. Amazon.com makes up approximately 1.3% of Holistic Planning LLC’s investment portfolio, making the stock its 16th biggest position. Holistic Planning LLC’s holdings in Amazon.com were worth $3,520,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AMZN. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Amazon.com during the 2nd quarter valued at approximately $3,243,000. Heritage Oak Wealth Advisors LLC bought a new stake in Amazon.com in the second quarter worth $1,130,000. Kestra Investment Management LLC purchased a new stake in Amazon.com during the second quarter valued at $5,624,000. RiverFront Investment Group LLC lifted its position in Amazon.com by 11.2% during the second quarter. RiverFront Investment Group LLC now owns 158,157 shares of the e-commerce giant’s stock valued at $30,564,000 after purchasing an additional 15,900 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of Amazon.com in the 2nd quarter worth $1,750,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Performance

Shares of AMZN stock opened at $214.35 on Thursday. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The company has a market cap of $2.27 trillion, a PE ratio of 38.76, a PEG ratio of 1.50 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 simple moving average is $226.99 and its 200-day simple moving average is $205.27.

Amazon.com (NASDAQ:AMZN) last announced its earnings results 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 24.25% and a net margin of 9.29%. Analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their price target on shares of Amazon.com from $250.00 to $280.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Jefferies Financial Group raised their price objective on Amazon.com from $235.00 to $275.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Stifel Nicolaus lifted their target price on Amazon.com from $245.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, February 7th. JMP Securities restated a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a report on Friday, February 7th. Finally, Rosenblatt Securities lifted their price objective on shares of Amazon.com from $236.00 to $287.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $260.65.

Insider Activity at Amazon.com

In other news, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the sale, the director now directly owns 88,203 shares of the company’s stock, valued at $20,273,459.55. The trade was a 4.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $210.00, for a total value of $735,000.00. Following the completion of the transaction, the chief executive officer now directly owns 524,567 shares in the company, valued at approximately $110,159,070. The trade was a 0.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 110,149 shares of company stock valued at $24,606,905 in the last three months. 10.80% of the stock is owned by 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.