Moseley Investment Management Inc. Has $6.65 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Moseley Investment Management Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 43,749 shares of the e-commerce giant’s stock after buying an additional 93 shares during the period. Amazon.com accounts for about 3.7% of Moseley Investment Management Inc.’s portfolio, making the stock its 4th largest position. Moseley Investment Management Inc.’s holdings in Amazon.com were worth $6,647,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Register Financial Advisors LLC raised its stake in Amazon.com by 14.3% in the third quarter. Register Financial Advisors LLC now owns 5,263 shares of the e-commerce giant’s stock valued at $669,000 after buying an additional 657 shares during the last quarter. Wedge Capital Management L L P NC increased its holdings in shares of Amazon.com by 1.0% during the third quarter. Wedge Capital Management L L P NC now owns 14,613 shares of the e-commerce giant’s stock valued at $1,858,000 after acquiring an additional 148 shares in the last quarter. Cherrydale Wealth Management LLC raised its position in shares of Amazon.com by 14.7% in the 4th quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant’s stock valued at $799,000 after purchasing an additional 675 shares during the last quarter. Tompkins Financial Corp boosted its stake in Amazon.com by 3.3% in the 4th quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant’s stock worth $10,875,000 after purchasing an additional 2,273 shares in the last quarter. Finally, Nicholas Company Inc. grew its position in Amazon.com by 3.9% during the 3rd quarter. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant’s stock worth $89,628,000 after purchasing an additional 26,465 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other news, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction 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 transaction, the vice president now owns 119,780 shares in the company, valued at approximately $20,239,226.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 10,920 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $169.21, for a total transaction of $1,847,773.20. Following the sale, the senior vice president now owns 59,100 shares in the company, valued at $10,000,311. The disclosure for this sale can be found here. Over the last 90 days, insiders have 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 Price Performance

Shares of NASDAQ AMZN opened at $173.67 on Friday. The stock has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 59.89, a price-to-earnings-growth ratio of 1.56 and a beta of 1.16. Amazon.com, Inc. has a 52 week low of $101.15 and a 52 week high of $189.77. The firm has a 50-day simple moving average of $177.79 and a 200-day simple moving average of $158.23. 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. The business had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the company posted $0.21 EPS. On average, equities analysts predict that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wells Fargo & Company lifted their price objective on shares of Amazon.com from $211.00 to $217.00 and gave the stock an “overweight” rating in a research note on Monday, April 1st. Royal Bank of Canada boosted their price target on Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. BMO Capital Markets raised their price objective on Amazon.com from $205.00 to $215.00 and gave the stock an “outperform” rating in a research note on Tuesday. Roth Mkm reaffirmed a “buy” rating and set a $205.00 target price on shares of Amazon.com in a report on Tuesday, April 16th. Finally, Truist Financial increased their price target on shares of Amazon.com from $195.00 to $216.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. One investment analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, 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.