QV Investors Inc. Has $13.76 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

QV Investors Inc. lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 5.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 90,560 shares of the e-commerce giant’s stock after selling 5,140 shares during the period. QV Investors Inc.’s holdings in Amazon.com were worth $13,760,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Mayflower Financial Advisors LLC grew its stake in shares of Amazon.com by 0.3% in the third quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock valued at $25,000 after acquiring an additional 572 shares in the last quarter. PayPay Securities Corp boosted its holdings in Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Amazon.com by 45.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 86 shares in the last quarter. Authentikos Wealth Advisory LLC bought a new position in shares of Amazon.com during the third quarter worth approximately $49,000. Finally, Bruce G. Allen Investments LLC bought a new stake in shares of Amazon.com in the fourth quarter valued at approximately $57,000. 72.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AMZN has been the topic of several analyst reports. TD Cowen raised their price target on Amazon.com from $200.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, February 2nd. Oppenheimer upped their price target on shares of Amazon.com from $200.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Canaccord Genuity Group lifted their price objective on shares of Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. JMP Securities raised their target price on Amazon.com from $175.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Finally, UBS Group boosted their price target on Amazon.com from $180.00 to $198.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. One research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Amazon.com currently has an average rating of “Buy” and an average price target of $202.80.

Insider Buying and Selling

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, insider Jeffrey P. Bezos sold 5,998,849 shares of the stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the transaction, the insider now directly owns 982,252,968 shares in the company, valued at approximately $167,140,165,034.88. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the sale, the chief executive officer now owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. Insiders have sold a total of 32,214,010 shares of company stock valued at $5,505,889,146 over the last ninety days. 10.80% of the stock is owned by corporate insiders.

Amazon.com Stock Performance

AMZN stock opened at $177.23 on Tuesday. Amazon.com, Inc. has a 1-year low of $101.15 and a 1-year high of $189.77. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock has a 50-day moving average price of $177.38 and a 200-day moving average price of $157.63. The firm has a market cap of $1.84 trillion, a PE ratio of 61.11, a price-to-earnings-growth ratio of 1.52 and a beta of 1.17.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.19. The firm had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The company’s revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 earnings per share. As a group, equities research analysts expect that Amazon.com, Inc. will post 4.1 earnings per share for the current year.

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.