Amazon.com, Inc. (NASDAQ:AMZN) is Alexander Labrunerie & CO. Inc.’s 10th Largest Position

Alexander Labrunerie & CO. Inc. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 32,244 shares of the e-commerce giant’s stock after buying an additional 131 shares during the quarter. Amazon.com makes up 3.1% of Alexander Labrunerie & CO. Inc.’s investment portfolio, making the stock its 10th largest holding. Alexander Labrunerie & CO. Inc.’s holdings in Amazon.com were worth $7,074,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of AMZN. AMF Tjanstepension AB grew its stake in Amazon.com by 44.3% in the 3rd quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock valued at $492,172,000 after purchasing an additional 811,425 shares during the period. Czech National Bank grew its stake in Amazon.com by 9.0% in the 3rd quarter. Czech National Bank now owns 1,902,873 shares of the e-commerce giant’s stock valued at $354,562,000 after purchasing an additional 157,761 shares during the period. Meritas Wealth Management LLC grew its stake in Amazon.com by 6.9% in the 3rd quarter. Meritas Wealth Management LLC now owns 3,976 shares of the e-commerce giant’s stock valued at $741,000 after purchasing an additional 256 shares during the period. Trinity Financial Advisors LLC grew its stake in Amazon.com by 2.5% in the 3rd quarter. Trinity Financial Advisors LLC now owns 3,626 shares of the e-commerce giant’s stock valued at $682,000 after purchasing an additional 90 shares during the period. Finally, Wiser Wealth Management Inc grew its stake in Amazon.com by 8.0% in the 3rd quarter. Wiser Wealth Management Inc now owns 3,100 shares of the e-commerce giant’s stock valued at $578,000 after purchasing an additional 230 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of AMZN stock opened at $212.32 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 fifty-two week low of $151.61 and a fifty-two week high of $242.52. The stock has a 50 day moving average price of $226.44 and a two-hundred day moving average price of $205.61. The company has a market capitalization of $2.25 trillion, a P/E ratio of 38.39, a PEG ratio of 1.50 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share 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 year.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the transaction, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90. The trade was a 0.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 110,149 shares of company stock worth $24,606,905. 10.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AMZN. Jefferies Financial Group upped 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. Benchmark upped their price objective on Amazon.com from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. DA Davidson upped their price objective on Amazon.com from $235.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, February 7th. JMP Securities reiterated a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Finally, Tigress Financial increased their price target on Amazon.com from $245.00 to $290.00 and gave the stock a “buy” rating in a research note on Friday, December 20th. Two equities research 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 company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.65.

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.