Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Aspiriant LLC

Aspiriant LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,543 shares of the e-commerce giant’s stock after acquiring an additional 764 shares during the period. Aspiriant LLC’s holdings in Amazon.com were worth $4,641,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Amazon.com by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock worth $96,350,832,000 after acquiring an additional 32,038,029 shares during the period. FMR LLC increased its stake in shares of Amazon.com by 7.7% in the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after purchasing an additional 21,649,871 shares during the period. Northern Trust Corp raised its holdings in shares of Amazon.com by 3.7% during the third quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock valued at $11,736,905,000 after buying an additional 3,260,411 shares during the last quarter. Jennison Associates LLC boosted its position in shares of Amazon.com by 28.4% during the third quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock worth $6,989,254,000 after buying an additional 12,176,114 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Amazon.com by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 50,395,031 shares of the e-commerce giant’s stock worth $6,406,216,000 after buying an additional 1,374,052 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 5,998,849 shares of the stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total transaction of $1,020,764,145.84. Following the transaction, the insider now directly owns 982,252,968 shares of the company’s stock, valued at $167,140,165,034.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Amazon.com news, insider Jeffrey P. Bezos sold 5,998,849 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total transaction of $1,020,764,145.84. Following the transaction, the insider now owns 982,252,968 shares in the company, valued at $167,140,165,034.88. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now directly owns 116,560 shares in the company, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,214,010 shares of company stock valued at $5,505,889,146. Insiders own 10.30% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $179.62 on Monday. Amazon.com, Inc. has a fifty-two week low of $101.15 and a fifty-two week high of $189.77. The stock’s 50-day moving average is $177.99 and its two-hundred day moving average is $158.98. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The firm has a market cap of $1.87 trillion, a P/E ratio of 61.94, a PEG ratio of 1.55 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. The firm had revenue of $169.96 billion for the quarter, compared to the consensus estimate of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The firm’s revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.21 earnings per share. Analysts predict that Amazon.com, Inc. will post 4.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Mizuho lifted their target price on Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Robert W. Baird upped their price objective on shares of Amazon.com from $185.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Morgan Stanley raised their target price on shares of Amazon.com from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. JPMorgan Chase & Co. upped their price target on shares of Amazon.com from $190.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Finally, Susquehanna raised their price objective on shares of Amazon.com from $185.00 to $220.00 and gave the company a “positive” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $205.13.

Amazon.com Company Profile

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.