Global Wealth Management Investment Advisory Inc. grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,234 shares of the e-commerce giant's stock after purchasing an additional 2,804 shares during the period. Amazon.com comprises about 1.5% of Global Wealth Management Investment Advisory Inc.'s holdings, making the stock its 18th largest holding. Global Wealth Management Investment Advisory Inc.'s holdings in Amazon.com were worth $7,511,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Accordant Advisory Group Inc increased its holdings in Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after purchasing an additional 100 shares during the period. Icon Wealth Advisors LLC grew its holdings in shares of Amazon.com by 20.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock worth $28,000 after acquiring an additional 25,581 shares during the period. Bull Oak Capital LLC purchased a new stake in shares of Amazon.com in the 3rd quarter worth approximately $45,000. Quattro Financial Advisors LLC grew its stake in shares of Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after buying an additional 45 shares during the last quarter. Finally, Values First Advisors Inc. purchased a new stake in shares of Amazon.com in the 3rd quarter worth approximately $56,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Shares of AMZN stock opened at $199.25 on Friday. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month 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. The stock's 50-day moving average price is $224.11 and its 200-day moving average price is $206.80. The stock has a market capitalization of $2.11 trillion, a price-to-earnings ratio of 36.03, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating 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%. Equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

In other news, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction that occurred on Friday, February 21st. The shares were 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP David Zapolsky sold 19,212 shares of Amazon.com stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the sale, the senior vice president now directly owns 49,950 shares of the company's stock, valued at $10,864,125. This represents a 27.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 106,649 shares of company stock worth $23,871,905 over the last 90 days. Company insiders own 10.80% of the company's stock.

Several analysts recently weighed in on the company. Wedbush restated an "outperform" rating and issued a $280.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Moffett Nathanson increased their target price on Amazon.com from $235.00 to $248.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Oppenheimer increased their target price on Amazon.com from $230.00 to $260.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Raymond James increased their target price on Amazon.com from $260.00 to $275.00 in a research note on Monday, February 10th. Finally, TD Cowen increased their target price on Amazon.com from $240.00 to $265.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Two equities research 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 company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $260.65.

View Our Latest Analysis on AMZN

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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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