Apella Capital LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,443 shares of the e-commerce giant’s stock after acquiring an additional 1,334 shares during the period. Apella Capital LLC’s holdings in Amazon.com were worth $2,137,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Fiduciary Planning LLC grew its position in Amazon.com by 1.5% in the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock worth $1,138,000 after buying an additional 5 shares during the last quarter. HBC Financial Services PLLC grew its position in Amazon.com by 0.8% in the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock worth $1,717,000 after buying an additional 5 shares during the last quarter. Meridian Investment Counsel Inc. grew its position in Amazon.com by 3.4% in the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock worth $492,000 after buying an additional 5 shares during the last quarter. Alterna Wealth Management Inc. grew its position in Amazon.com by 1.8% during the 1st quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $942,000 after purchasing an additional 5 shares in the last quarter. Finally, Archetype Wealth Partners grew its position in Amazon.com by 3.7% during the 1st quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock worth $552,000 after purchasing an additional 6 shares in the last quarter. Institutional investors and hedge funds own 57.64% of the company’s stock.
Insider Activity at Amazon.com
In related news, CEO Douglas J. Herrington sold 4,000 shares of the company’s stock in a transaction dated Wednesday, March 1st. The shares were sold at an average price of $93.80, for a total value of $375,200.00. Following the sale, the chief executive officer now owns 560,298 shares of the company’s stock, valued at $52,555,952.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Amazon.com news, VP Shelley Reynolds sold 3,500 shares of the business’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $94.91, for a total value of $332,185.00. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at $11,368,319.80. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 4,000 shares of the business’s stock in a transaction dated Wednesday, March 1st. The shares were sold at an average price of $93.80, for a total transaction of $375,200.00. Following the completion of the transaction, the chief executive officer now owns 560,298 shares in the company, valued at $52,555,952.40. The disclosure for this sale can be found here. Insiders have sold a total of 71,394 shares of company stock valued at $6,994,626 over the last quarter. 12.70% of the stock is owned by company insiders.
Analysts Set New Price Targets
Amazon.com Stock Performance
NASDAQ:AMZN opened at $98.95 on Monday. The firm’s 50-day moving average is $97.01 and its 200-day moving average is $101.35. Amazon.com, Inc. has a 52-week low of $81.43 and a 52-week high of $170.83. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.72 and a current ratio of 0.94. The company has a market cap of $1.01 trillion, a price-to-earnings ratio of -366.48, a PEG ratio of 4.11 and a beta of 1.25.
Amazon.com (NASDAQ:AMZN – Get Rating) last posted its earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). The business had revenue of $149.20 billion during the quarter, compared to the consensus estimate of $145.72 billion. Amazon.com had a negative net margin of 0.53% and a positive return on equity of 5.33%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.39 EPS. Equities research analysts anticipate that Amazon.com, Inc. will post 1.33 earnings per share for the current year.
Amazon.com Company Profile
Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.
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