Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Bank of Stockton

Bank of Stockton grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 15,882 shares of the e-commerce giant’s stock after acquiring an additional 296 shares during the period. Amazon.com comprises about 0.8% of Bank of Stockton’s portfolio, making the stock its 25th largest holding. Bank of Stockton’s holdings in Amazon.com were worth $2,467,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Sound Income Strategies LLC lifted its holdings in shares of Amazon.com by 11.1% in the third quarter. Sound Income Strategies LLC now owns 34,542 shares of the e-commerce giant’s stock valued at $4,391,000 after purchasing an additional 3,450 shares in the last quarter. Mayflower Financial Advisors LLC lifted its holdings 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 purchasing an additional 572 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in shares of Amazon.com by 4.5% in the third quarter. Wealthcare Advisory Partners LLC now owns 59,576 shares of the e-commerce giant’s stock valued at $7,573,000 after purchasing an additional 2,575 shares in the last quarter. McGuire Investment Group LLC lifted its holdings in shares of Amazon.com by 3.3% in the third quarter. McGuire Investment Group LLC now owns 27,605 shares of the e-commerce giant’s stock valued at $3,509,000 after purchasing an additional 885 shares in the last quarter. Finally, Wealthcare Capital Management LLC lifted its holdings in shares of Amazon.com by 13.9% in the third quarter. Wealthcare Capital Management LLC now owns 3,632 shares of the e-commerce giant’s stock valued at $462,000 after purchasing an additional 443 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 5,998,849 shares of Amazon.com 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 sale, 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 can be accessed through the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction of $523,807.00. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey P. Bezos sold 5,998,849 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the sale, the insider now directly owns 982,252,968 shares in the company, valued at $167,140,165,034.88. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 32,214,010 shares of company stock valued at $5,505,889,146. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Stock Up 1.3 %

AMZN stock opened at $179.54 on Wednesday. Amazon.com, Inc. has a twelve month low of $101.15 and a twelve month high of $189.77. The company has a market cap of $1.87 trillion, a PE ratio of 61.91, a price-to-earnings-growth ratio of 1.52 and a beta of 1.17. The business’s 50-day simple moving average is $177.60 and its 200 day simple moving average is $157.99. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Roth Mkm reaffirmed a “buy” rating and issued a $205.00 price target on shares of Amazon.com in a research note on Tuesday, April 16th. Royal Bank of Canada upped their price target on shares of Amazon.com from $180.00 to $215.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. The Goldman Sachs Group upped their price target on shares of Amazon.com from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Barclays upped their price target on shares of Amazon.com from $190.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Finally, Wedbush reaffirmed an “outperform” rating and issued a $220.00 price target on shares of Amazon.com in a research note on Wednesday, April 10th. One research analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $203.13.

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.