Martin Capital Advisors LLP Has $2.20 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Martin Capital Advisors LLP lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 208.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,044 shares of the e-commerce giant’s stock after buying an additional 6,790 shares during the period. Amazon.com comprises about 1.4% of Martin Capital Advisors LLP’s portfolio, making the stock its 18th biggest holding. Martin Capital Advisors LLP’s holdings in Amazon.com were worth $2,204,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. AMF Tjanstepension AB increased its position in Amazon.com by 44.3% during the 3rd quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock worth $492,172,000 after purchasing an additional 811,425 shares in the last quarter. Clarus Wealth Advisors grew its stake in shares of Amazon.com by 2.0% during the third quarter. Clarus Wealth Advisors now owns 4,628 shares of the e-commerce giant’s stock worth $837,000 after buying an additional 92 shares during the last quarter. Mountain Pacific Investment Advisers LLC increased its holdings in shares of Amazon.com by 27.1% during the third quarter. Mountain Pacific Investment Advisers LLC now owns 1,957 shares of the e-commerce giant’s stock worth $365,000 after buying an additional 417 shares in the last quarter. Kelly Financial Services LLC lifted its stake in shares of Amazon.com by 1.2% in the 3rd quarter. Kelly Financial Services LLC now owns 5,534 shares of the e-commerce giant’s stock valued at $1,031,000 after acquiring an additional 64 shares during the last quarter. Finally, Atlas Private Wealth Advisors boosted its holdings in shares of Amazon.com by 0.4% during the 3rd quarter. Atlas Private Wealth Advisors now owns 22,418 shares of the e-commerce giant’s stock valued at $4,177,000 after acquiring an additional 86 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $200.70 on Friday. The company has a market cap of $2.13 trillion, a P/E ratio of 36.29, a PEG ratio of 1.50 and a beta of 1.19. The company has a fifty day simple moving average of $224.60 and a 200 day simple moving average of $206.46. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the sale, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90. This represents a 0.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 19,212 shares of Amazon.com stock in a transaction on Monday, February 24th. The stock was sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the transaction, the senior vice president now directly owns 49,950 shares in the company, valued at $10,864,125. This represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 106,649 shares of company stock worth $23,871,905. Insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of a number of recent research reports. Barclays upped 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. Tigress Financial upped their price objective on Amazon.com from $245.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, December 20th. BMO Capital Markets reiterated an “outperform” rating and issued a $236.00 price objective on shares of Amazon.com in a report on Tuesday, December 3rd. Jefferies Financial Group boosted their target price on shares of Amazon.com from $235.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Oppenheimer raised their price target on shares of Amazon.com from $230.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.65.

About Amazon.com

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.