Buckhead Capital Management LLC Has $5.31 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Buckhead Capital Management LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 14.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,182 shares of the e-commerce giant’s stock after buying an additional 3,089 shares during the quarter. Amazon.com comprises approximately 1.7% of Buckhead Capital Management LLC’s investment portfolio, making the stock its 17th biggest holding. Buckhead Capital Management LLC’s holdings in Amazon.com were worth $5,305,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. SFE Investment Counsel grew its stake in shares of Amazon.com by 2.3% during the fourth quarter. SFE Investment Counsel now owns 65,425 shares of the e-commerce giant’s stock worth $14,354,000 after purchasing an additional 1,445 shares during the period. Intelligence Driven Advisers LLC lifted its stake in Amazon.com by 47.6% in the fourth quarter. Intelligence Driven Advisers LLC now owns 10,540 shares of the e-commerce giant’s stock valued at $2,312,000 after buying an additional 3,401 shares during the period. Pathway Financial Advisers LLC boosted its holdings in Amazon.com by 1.2% during the fourth quarter. Pathway Financial Advisers LLC now owns 7,117 shares of the e-commerce giant’s stock worth $1,561,000 after buying an additional 84 shares during the last quarter. G&S Capital LLC grew its position in shares of Amazon.com by 3.3% during the 4th quarter. G&S Capital LLC now owns 6,246 shares of the e-commerce giant’s stock worth $1,370,000 after buying an additional 197 shares during the period. Finally, MGB Wealth Management LLC increased its stake in shares of Amazon.com by 14.2% in the 4th quarter. MGB Wealth Management LLC now owns 10,217 shares of the e-commerce giant’s stock valued at $2,245,000 after acquiring an additional 1,267 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, 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 transaction, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This trade represents a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the sale, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. The trade was a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 102,298 shares of company stock valued at $22,871,828. Company insiders own 10.80% of the company’s stock.

Amazon.com Stock Up 1.2 %

AMZN stock opened at $198.89 on Thursday. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The business’s 50 day simple moving average is $222.71 and its 200 day simple moving average is $207.20. 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 $2.11 trillion, a PE ratio of 35.97, a PEG ratio of 1.50 and a beta of 1.19.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping 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, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on AMZN shares. Roth Mkm lifted their price objective on shares of Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. TD Cowen lifted their price target on shares of Amazon.com from $240.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Jefferies Financial Group boosted their price target on shares of Amazon.com from $235.00 to $275.00 and gave the company a “buy” rating in a report on Monday, December 16th. Mizuho raised their price objective on Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 10th. Finally, Piper Sandler reissued an “overweight” rating and issued a $265.00 target price (up from $225.00) on shares of Amazon.com in a research note on Friday, February 7th. Two 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 stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average target price 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.