One Wealth Capital Management LLC Purchases New Shares in Amazon.com, Inc. (NASDAQ:AMZN)

One Wealth Capital Management LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 19,465 shares of the e-commerce giant's stock, valued at approximately $4,270,000. Amazon.com accounts for about 2.2% of One Wealth Capital Management LLC's portfolio, making the stock its 10th largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. PayPay Securities Corp increased its stake in shares of Amazon.com by 64.6% in the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock valued at $32,000 after purchasing an additional 64 shares during the period. Hoese & Co LLP bought a new position in Amazon.com in the 3rd quarter worth approximately $37,000. Bull Oak Capital LLC acquired a new stake in Amazon.com in the 3rd quarter valued at approximately $45,000. Values First Advisors Inc. acquired a new position in shares of Amazon.com during the third quarter valued at $56,000. Finally, Innealta Capital LLC acquired a new position in Amazon.com during the 2nd quarter valued at about $77,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Truist Financial boosted their price target on shares of Amazon.com from $265.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Sanford C. Bernstein boosted their target price on shares of Amazon.com from $235.00 to $265.00 and gave the stock an "outperform" rating in a report on Wednesday, December 18th. Redburn Atlantic raised their target price on shares of Amazon.com from $225.00 to $235.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Jefferies Financial Group upped their price target on Amazon.com from $235.00 to $275.00 and gave the company a "buy" rating in a report on Monday, December 16th. Finally, Stifel Nicolaus raised their price objective on Amazon.com from $224.00 to $245.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and a consensus target price of $245.65.

Amazon.com Stock Performance

AMZN traded up $5.28 on Monday, hitting $225.94. The company had a trading volume of 42,097,354 shares, compared to its average volume of 27,997,364. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $233.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The company's fifty day moving average price is $217.91 and its 200 day moving average price is $196.27. The stock has a market cap of $2.38 trillion, a price-to-earnings ratio of 48.38, a price-to-earnings-growth ratio of 1.22 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. During the same period in the previous year, the business posted $0.85 EPS. The company's revenue for the quarter was up 11.0% on a year-over-year basis. Equities analysts predict that Amazon.com, Inc. will post 5.38 earnings per share for the current fiscal year.

Insider Activity

In other Amazon.com news, Director Jonathan Rubinstein sold 5,004 shares of Amazon.com stock in a transaction on Friday, November 1st. The stock was sold at an average price of $199.85, for a total transaction of $1,000,049.40. Following the completion of the transaction, the director now directly owns 99,396 shares of the company's stock, valued at approximately $19,864,290.60. This trade represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the company's stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the sale, the director now directly owns 24,912 shares in the company, valued at approximately $4,958,982.72. The trade was a 4.73 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,032,344 shares of company stock worth $1,253,456,822. Corporate insiders own 10.80% 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.