RFG Advisory LLC Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

RFG Advisory LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,763 shares of the e-commerce giant’s stock after acquiring an additional 921 shares during the period. RFG Advisory LLC’s holdings in Amazon.com were worth $11,511,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Lake Hills Wealth Management LLC raised its holdings in shares of Amazon.com by 0.8% in the fourth quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock valued at $1,213,000 after buying an additional 65 shares during the last quarter. Veery Capital LLC raised its holdings in shares of Amazon.com by 1.1% in the fourth quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after buying an additional 66 shares during the last quarter. Bellwether Advisors LLC raised its holdings in shares of Amazon.com by 2.3% in the fourth quarter. Bellwether Advisors LLC now owns 2,936 shares of the e-commerce giant’s stock valued at $446,000 after buying an additional 66 shares during the last quarter. StrategIQ Financial Group LLC raised its holdings in shares of Amazon.com by 0.3% in the fourth quarter. StrategIQ Financial Group LLC now owns 23,259 shares of the e-commerce giant’s stock valued at $3,534,000 after buying an additional 66 shares during the last quarter. Finally, Marion Wealth Management raised its holdings in shares of Amazon.com by 1.6% in the fourth quarter. Marion Wealth Management now owns 4,321 shares of the e-commerce giant’s stock valued at $657,000 after buying an additional 67 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total transaction of $77,860.00. Following the sale, the chief executive officer now owns 116,560 shares in the company, valued at approximately $18,150,723.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction 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 in the company, valued at approximately $20,239,226.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the stock in a transaction on 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 sale, the chief executive officer now owns 116,560 shares in the company, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. Insiders have sold a total of 32,214,010 shares of company stock worth $5,505,889,146 in the last 90 days. Corporate insiders own 10.30% of the company’s stock.

Amazon.com Trading Up 3.4 %

Shares of Amazon.com stock opened at $179.62 on Friday. Amazon.com, Inc. has a 12-month low of $101.15 and a 12-month high of $189.77. The stock has a market cap of $1.87 trillion, a P/E ratio of 61.94, a P/E/G ratio of 1.53 and a beta of 1.16. 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 business’s 50 day moving average is $177.99 and its 200-day moving average is $158.59.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) 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 company had revenue of $169.96 billion for the quarter, compared to analysts’ expectations of $165.96 billion. During the same quarter in the prior year, the business posted $0.21 EPS. The business’s revenue was up 13.9% compared to the same quarter last year. Equities research analysts predict that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AMZN shares. Citigroup lifted their price target on Amazon.com from $215.00 to $235.00 and gave the company a “buy” rating in a report on Wednesday. Evercore ISI boosted their price objective on Amazon.com from $195.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Telsey Advisory Group reissued an “outperform” rating and set a $200.00 price objective on shares of Amazon.com in a report on Thursday. Robert W. Baird boosted their price objective on Amazon.com from $185.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Finally, Sanford C. Bernstein boosted their price objective on Amazon.com from $175.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus price target of $205.13.

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.