Terril Brothers Inc. Takes $225,000 Position in Amazon.com, Inc. (NASDAQ:AMZN)

Terril Brothers Inc. purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,025 shares of the e-commerce giant’s stock, valued at approximately $225,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMZN. Maple Capital Management Inc. increased its stake in Amazon.com by 1.8% during the 4th quarter. Maple Capital Management Inc. now owns 362,054 shares of the e-commerce giant’s stock worth $79,431,000 after buying an additional 6,262 shares during the period. SVB Wealth LLC purchased a new position in Amazon.com in the 4th quarter valued at about $77,255,000. Roanoke Asset Management Corp NY grew its stake in shares of Amazon.com by 1.2% during the fourth quarter. Roanoke Asset Management Corp NY now owns 39,405 shares of the e-commerce giant’s stock valued at $8,645,000 after acquiring an additional 475 shares in the last quarter. Tower Bridge Advisors increased its position in shares of Amazon.com by 0.6% during the fourth quarter. Tower Bridge Advisors now owns 41,667 shares of the e-commerce giant’s stock worth $9,141,000 after acquiring an additional 250 shares during the last quarter. Finally, TD Capital Management LLC lifted its stake in shares of Amazon.com by 1.6% in the fourth quarter. TD Capital Management LLC now owns 3,058 shares of the e-commerce giant’s stock worth $671,000 after acquiring an additional 49 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Amazon.com news, SVP David Zapolsky sold 5,848 shares of Amazon.com stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.72, for a total value of $1,290,770.56. Following the transaction, the senior vice president now owns 69,162 shares in the company, valued at approximately $15,265,436.64. The trade was a 7.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 5,501 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total value of $1,256,648.44. Following the completion of the transaction, the chief executive officer now directly owns 505,318 shares in the company, valued at $115,434,843.92. This represents a 1.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 102,298 shares of company stock worth $22,871,828 over the last 90 days. 10.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on AMZN shares. BMO Capital Markets restated an “outperform” rating and set a $236.00 price objective on shares of Amazon.com in a research note on Tuesday, December 3rd. Jefferies Financial Group decreased their price target on shares of Amazon.com from $275.00 to $250.00 and set a “buy” rating for the company in a research report on Monday. Wedbush reaffirmed an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, February 7th. Morgan Stanley raised their price objective on shares of Amazon.com from $230.00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, Benchmark upped their target price on shares of Amazon.com from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Two 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $260.11.

Amazon.com Stock Down 1.3 %

AMZN stock opened at $190.26 on Tuesday. The firm’s 50-day moving average is $216.15 and its two-hundred day moving average is $209.27. The company has a market capitalization of $2.02 trillion, a price-to-earnings ratio of 34.41, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. 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 (NASDAQ:AMZN) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping 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%. On average, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.