Amazon.com, Inc. (NASDAQ:AMZN) is Villere ST Denis J & Co. LLC's 8th Largest Position

Villere ST Denis J & Co. LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 153,909 shares of the e-commerce giant's stock after selling 2,101 shares during the period. Amazon.com makes up about 3.0% of Villere ST Denis J & Co. LLC's portfolio, making the stock its 8th biggest position. Villere ST Denis J & Co. LLC's holdings in Amazon.com were worth $33,766,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. AMF Tjanstepension AB increased its holdings in shares of Amazon.com by 44.3% during the 3rd quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant's stock valued at $492,172,000 after purchasing an additional 811,425 shares in the last quarter. Swedbank AB raised its position in shares of Amazon.com by 1.4% in the third quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant's stock worth $2,484,864,000 after acquiring an additional 183,610 shares during the period. First Pacific Financial boosted its stake in shares of Amazon.com by 7.2% during the 3rd quarter. First Pacific Financial now owns 4,274 shares of the e-commerce giant's stock worth $796,000 after acquiring an additional 286 shares in the last quarter. Keystone Wealth Services LLC grew its position in shares of Amazon.com by 27.0% during the 3rd quarter. Keystone Wealth Services LLC now owns 20,299 shares of the e-commerce giant's stock valued at $3,782,000 after acquiring an additional 4,312 shares during the period. Finally, Dover Advisors LLC increased its stake in shares of Amazon.com by 6.9% in the 3rd quarter. Dover Advisors LLC now owns 24,761 shares of the e-commerce giant's stock valued at $4,614,000 after purchasing an additional 1,606 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages have commented on AMZN. The Goldman Sachs Group raised their price objective on Amazon.com from $240.00 to $255.00 and gave the company a "buy" rating in a report on Friday, February 7th. Telsey Advisory Group reissued an "outperform" rating and issued a $275.00 price target on shares of Amazon.com in a report on Friday, February 7th. Phillip Securities cut shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, February 10th. Redburn Atlantic lifted their target price on shares of Amazon.com from $225.00 to $235.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Finally, Maxim Group upped their price target on shares of Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $260.65.

Insiders Place Their Bets

In other Amazon.com news, CFO Brian T. Olsavsky sold 14,620 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $223.14, for a total value of $3,262,306.80. Following the transaction, the chief financial officer now directly owns 49,000 shares of the company's stock, valued at approximately $10,933,860. The trade was a 22.98 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 5,501 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total transaction of $1,256,648.44. Following the completion of the sale, the chief executive officer now owns 505,318 shares of the company's stock, valued at $115,434,843.92. This trade represents a 1.08 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,298 shares of company stock valued at $22,871,828. Insiders own 10.80% of the company's stock.

Amazon.com Stock Up 2.1 %

Shares of NASDAQ AMZN traded up $4.06 during mid-day trading on Friday, reaching $197.95. The company had a trading volume of 38,031,105 shares, compared to its average volume of 38,313,838. The firm has a 50 day simple moving average of $222.18 and a two-hundred day simple moving average of $207.10. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.10 trillion, a P/E ratio of 35.80, a PEG ratio of 1.50 and a beta of 1.19.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.