B.O.S.S. Retirement Advisors LLC Buys 6,854 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

B.O.S.S. Retirement Advisors LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 10.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 73,102 shares of the e-commerce giant’s stock after acquiring an additional 6,854 shares during the quarter. Amazon.com makes up 2.1% of B.O.S.S. Retirement Advisors LLC’s portfolio, making the stock its 7th biggest holding. B.O.S.S. Retirement Advisors LLC’s holdings in Amazon.com were worth $11,107,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. PayPay Securities Corp grew its stake in Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after acquiring 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% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after purchasing an additional 86 shares during the period. Authentikos Wealth Advisory LLC purchased a new stake in shares of Amazon.com in the third quarter valued at $49,000. Bruce G. Allen Investments LLC acquired a new position in Amazon.com in the fourth quarter valued at $57,000. Finally, AM Squared Ltd purchased a new position in Amazon.com during the third quarter worth about $76,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Trading Up 3.4 %

Shares of NASDAQ AMZN opened at $179.62 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The stock’s 50 day moving average price is $177.99 and its two-hundred day moving average price is $158.59. Amazon.com, Inc. has a 52-week low of $101.15 and a 52-week high of $189.77. The stock has a market capitalization of $1.87 trillion, a P/E ratio of 61.94, a PEG ratio of 1.53 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last posted 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. 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 analyst estimates of $165.96 billion. During the same period in the prior year, the company posted $0.21 EPS. The business’s revenue was up 13.9% compared to the same quarter last year. On average, analysts anticipate that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AMZN shares. Royal Bank of Canada upped their price objective on shares of Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Mizuho boosted their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Monness Crespi & Hardt lifted their target price on Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Benchmark restated a “buy” rating and set a $200.00 price target on shares of Amazon.com in a research note on Wednesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $205.00 price objective on shares of Amazon.com in a research note on Thursday, April 18th. One research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $205.13.

Insiders Place Their Bets

In other news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated 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 transaction, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of the business’s 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 completion of the transaction, the insider now owns 982,252,968 shares of the company’s stock, valued at $167,140,165,034.88. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $155.72, for a total transaction of $77,860.00. Following the transaction, 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. Over the last three months, insiders have sold 32,214,010 shares of company stock valued at $5,505,889,146. Company insiders own 10.30% 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.