Other hedge funds have also recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA purchased a new stake in Amazon.com in the fourth quarter valued at approximately $2,729,000. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Amazon.com by 1.1% in the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 595,067 shares of the e-commerce giant’s stock valued at $130,552,000 after acquiring an additional 6,193 shares during the period. Elevate Capital Advisors LLC purchased a new stake in Amazon.com in the 4th quarter valued at $4,681,000. GGM Financials LLC boosted its stake in Amazon.com by 2.1% during the 4th quarter. GGM Financials LLC now owns 2,463 shares of the e-commerce giant’s stock worth $540,000 after purchasing an additional 50 shares during the period. Finally, Savant Capital LLC boosted its stake in Amazon.com by 5.0% during the 4th quarter. Savant Capital LLC now owns 316,376 shares of the e-commerce giant’s stock worth $69,410,000 after purchasing an additional 15,122 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

In other Amazon.com news, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.35. Following the completion of the sale, the director now owns 88,203 shares in the company, valued at $20,273,459.55. The trade was a 4.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total transaction of $1,256,648.44. Following the transaction, the chief executive officer now owns 505,318 shares in the company, valued at approximately $115,434,843.92. The trade was a 1.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 106,649 shares of company stock worth $23,871,905. Insiders own 10.80% of the company’s stock.

AMZN has been the subject of a number of research reports. UBS Group upped their target price on shares of Amazon.com from $230.00 to $264.00 and gave the company a “buy” rating in a report on Monday, December 16th. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, February 13th. DA Davidson lifted their target price on Amazon.com from $235.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Robert W. Baird boosted their target price on Amazon.com from $220.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Finally, Jefferies Financial Group increased their price target on Amazon.com from $235.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $260.65.

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Shares of AMZN stock opened at $199.25 on Friday. The company has a market capitalization of $2.11 trillion, a price-to-earnings ratio of 36.03, a PEG ratio of 1.50 and a beta of 1.19. 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 50-day moving average price of $224.11 and a 200 day moving average price of $206.61. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted 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%. Research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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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.

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