Amazon.com, Inc. (NASDAQ:AMZN) is Valley Brook Capital Group Inc.’s 10th Largest Position

Valley Brook Capital Group Inc. raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,019 shares of the e-commerce giant’s stock after acquiring an additional 590 shares during the period. Amazon.com makes up 2.3% of Valley Brook Capital Group Inc.’s portfolio, making the stock its 10th biggest position. Valley Brook Capital Group Inc.’s holdings in Amazon.com were worth $3,076,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AMZN. AMF Tjanstepension AB lifted its stake in Amazon.com by 44.3% during the third quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock valued at $492,172,000 after buying an additional 811,425 shares in the last quarter. Factory Mutual Insurance Co. increased its holdings in shares of Amazon.com by 4.4% in the 3rd quarter. Factory Mutual Insurance Co. now owns 1,488,024 shares of the e-commerce giant’s stock valued at $277,264,000 after purchasing an additional 62,620 shares during the period. Bright Financial Advisors Inc. increased its holdings in shares of Amazon.com by 4.3% in the 3rd quarter. Bright Financial Advisors Inc. now owns 6,547 shares of the e-commerce giant’s stock valued at $1,220,000 after purchasing an additional 267 shares during the period. McGlone Suttner Wealth Management Inc. increased its holdings in Amazon.com by 23.3% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 10,555 shares of the e-commerce giant’s stock worth $1,967,000 after buying an additional 1,996 shares during the last quarter. Finally, JBR Co Financial Management Inc increased its holdings in Amazon.com by 14.1% in the third quarter. JBR Co Financial Management Inc now owns 12,028 shares of the e-commerce giant’s stock worth $2,241,000 after buying an additional 1,482 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $194.54 on Tuesday. 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 firm has a market capitalization of $2.06 trillion, a price-to-earnings ratio of 35.18, a PEG ratio of 1.50 and a beta of 1.19. The firm’s fifty day simple moving average is $223.57 and its 200 day simple moving average is $207.12. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52.

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 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%. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Mizuho increased their price objective on Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. BMO Capital Markets reissued an “outperform” rating and set a $236.00 price objective on shares of Amazon.com in a report on Tuesday, December 3rd. Sanford C. Bernstein raised their target price on Amazon.com from $235.00 to $265.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Rosenblatt Securities raised their target price on Amazon.com from $236.00 to $287.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Phillip Securities lowered Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $260.65.

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the completion of the sale, the vice president now owns 119,780 shares in the company, valued at $26,647,456.60. This represents a 6.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 20,784 shares of the 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 completion of the sale, the chief executive officer now 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 position. The disclosure for this sale can be found here. Insiders sold 102,298 shares of company stock worth $22,871,828 over the last three months. Corporate insiders own 10.80% of the company’s stock.

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.