Fidelis Capital Partners LLC Acquires 11,353 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Fidelis Capital Partners LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,190 shares of the e-commerce giant’s stock after purchasing an additional 11,353 shares during the quarter. Amazon.com makes up approximately 2.9% of Fidelis Capital Partners LLC’s portfolio, making the stock its 6th largest position. Fidelis Capital Partners LLC’s holdings in Amazon.com were worth $29,010,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Gruss & Co. LLC lifted its position in Amazon.com by 466.7% in the 4th quarter. Gruss & Co. LLC now owns 8,500 shares of the e-commerce giant’s stock worth $1,865,000 after buying an additional 7,000 shares in the last quarter. LGT Fund Management Co Ltd. increased its stake in shares of Amazon.com by 19.0% in the fourth quarter. LGT Fund Management Co Ltd. now owns 261,391 shares of the e-commerce giant’s stock worth $57,347,000 after acquiring an additional 41,817 shares during the last quarter. Alesco Advisors LLC boosted its position in Amazon.com by 200.4% during the fourth quarter. Alesco Advisors LLC now owns 12,736 shares of the e-commerce giant’s stock valued at $2,794,000 after purchasing an additional 8,496 shares during the last quarter. LGT Group Foundation grew its stake in Amazon.com by 2.7% in the fourth quarter. LGT Group Foundation now owns 1,668,520 shares of the e-commerce giant’s stock valued at $366,057,000 after purchasing an additional 44,045 shares in the last quarter. Finally, DJE Kapital AG acquired a new position in Amazon.com in the 4th quarter worth about $234,337,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Amazon.com stock opened at $196.01 on Thursday. The company has a fifty day simple moving average of $214.60 and a 200-day simple moving average of $209.22. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $2.08 trillion, a price-to-earnings ratio of 35.44, a PEG 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.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results 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 net margin of 9.29% and a return on equity of 24.25%. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the transaction, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90. This trade represents a 0.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the transaction, the chief executive officer now owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. This trade represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 102,298 shares of company stock worth $22,871,828 in the last ninety days. 10.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of analyst reports. Morgan Stanley lifted their target price on shares of Amazon.com from $230.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. TD Cowen lifted their price objective on shares of Amazon.com from $240.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Needham & Company LLC reissued a “buy” rating and set a $250.00 target price on shares of Amazon.com in a research report on Friday, February 7th. The Goldman Sachs Group increased their price objective on Amazon.com from $240.00 to $255.00 and gave the company a “buy” rating in a report on Friday, February 7th. Finally, Stifel Nicolaus upped their target price on Amazon.com from $245.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average price target of $260.53.

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.