Ritter Daniher Financial Advisory LLC DE Boosts Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Ritter Daniher Financial Advisory LLC DE grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,082 shares of the e-commerce giant’s stock after purchasing an additional 212 shares during the quarter. Amazon.com comprises approximately 0.9% of Ritter Daniher Financial Advisory LLC DE’s investment portfolio, making the stock its 17th biggest holding. Ritter Daniher Financial Advisory LLC DE’s holdings in Amazon.com were worth $3,309,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. FMR LLC grew its stake in shares of Amazon.com by 0.5% during the fourth quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant’s stock worth $72,061,766,000 after acquiring an additional 1,725,664 shares during the last quarter. Benchmark Investment Advisors LLC grew its position in Amazon.com by 0.8% during the 4th quarter. Benchmark Investment Advisors LLC now owns 17,511 shares of the e-commerce giant’s stock worth $3,842,000 after purchasing an additional 147 shares during the last quarter. Westwood Wealth Management increased its stake in Amazon.com by 1.6% during the 4th quarter. Westwood Wealth Management now owns 35,765 shares of the e-commerce giant’s stock valued at $7,846,000 after purchasing an additional 578 shares in the last quarter. Polymer Capital Management HK LTD raised its holdings in shares of Amazon.com by 501.8% in the fourth quarter. Polymer Capital Management HK LTD now owns 162,519 shares of the e-commerce giant’s stock worth $35,655,000 after buying an additional 135,512 shares during the last quarter. Finally, Unigestion Holding SA lifted its stake in shares of Amazon.com by 7.8% during the fourth quarter. Unigestion Holding SA now owns 21,320 shares of the e-commerce giant’s stock worth $4,677,000 after buying an additional 1,536 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Down 1.9 %

Amazon.com stock opened at $186.35 on Tuesday. The company has a market capitalization of $1.98 trillion, a P/E ratio of 33.70, a PEG ratio of 1.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The stock has a 50-day simple moving average of $189.92 and a 200-day simple moving average of $208.04.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.21. The company had revenue of $155.67 billion during the quarter, compared to analysts’ expectations of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.98 earnings per share. Equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on AMZN shares. Morgan Stanley reduced their target price on Amazon.com from $280.00 to $245.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. Deutsche Bank Aktiengesellschaft reduced their price objective on Amazon.com from $287.00 to $206.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Rosenblatt Securities increased their price target on shares of Amazon.com from $287.00 to $288.00 and gave the stock a “buy” rating in a report on Friday. HSBC raised their price target on shares of Amazon.com from $225.00 to $270.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Finally, Royal Bank of Canada cut their price objective on shares of Amazon.com from $235.00 to $230.00 and set an “outperform” rating on the stock in a research note on Friday. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $243.55.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was 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 directly owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90. This represents a 0.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $222.47, for a total value of $1,965,077.51. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $26,647,456.60. This trade represents a 6.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 107,298 shares of company stock worth $23,818,478 in the last 90 days. Company insiders own 9.70% of the company’s stock.

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.