Fort Sheridan Advisors LLC Purchases 4,149 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Fort Sheridan Advisors LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 99,574 shares of the e-commerce giant's stock after purchasing an additional 4,149 shares during the quarter. Amazon.com accounts for 3.2% of Fort Sheridan Advisors LLC's portfolio, making the stock its 7th largest position. Fort Sheridan Advisors LLC's holdings in Amazon.com were worth $21,846,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Prosperitas Financial LLC grew its stake in shares of Amazon.com by 1.4% in the 4th quarter. Prosperitas Financial LLC now owns 37,404 shares of the e-commerce giant's stock valued at $8,206,000 after buying an additional 516 shares in the last quarter. Peloton Wealth Strategists lifted its stake in Amazon.com by 3.5% in the fourth quarter. Peloton Wealth Strategists now owns 41,852 shares of the e-commerce giant's stock valued at $9,182,000 after acquiring an additional 1,400 shares during the last quarter. A&I Financial Services LLC bought a new stake in Amazon.com in the fourth quarter worth approximately $1,186,000. Linscomb Wealth Inc. increased its stake in shares of Amazon.com by 0.8% during the 4th quarter. Linscomb Wealth Inc. now owns 84,214 shares of the e-commerce giant's stock worth $18,476,000 after purchasing an additional 662 shares during the last quarter. Finally, QRG Capital Management Inc. raised its holdings in shares of Amazon.com by 8.6% during the 4th quarter. QRG Capital Management Inc. now owns 1,500,999 shares of the e-commerce giant's stock valued at $329,304,000 after purchasing an additional 119,275 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

AMZN stock traded down $17.60 during trading on Thursday, hitting $178.41. 95,296,225 shares of the stock traded hands, compared to its average volume of 40,316,321. The stock has a market cap of $1.89 trillion, a price-to-earnings ratio of 32.26, a P/E/G ratio of 1.50 and a beta of 1.19. Amazon.com, Inc. has a one year low of $151.61 and a one year 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 company has a 50 day simple moving average of $213.46 and a 200 day simple moving average of $209.01.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on AMZN shares. Westpark Capital began coverage on shares of Amazon.com in a report on Tuesday. They issued a "buy" rating and a $280.00 price objective for the company. Royal Bank of Canada upped their price target on Amazon.com from $255.00 to $265.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. Morgan Stanley raised their price objective on Amazon.com from $230.00 to $280.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. HSBC increased their price target on Amazon.com from $225.00 to $270.00 and gave the company a "buy" rating in a report on Monday, January 13th. Finally, Phillip Securities cut shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, February 10th. Two analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and an average price target of $260.53.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 14,620 shares of the firm's stock in a transaction dated 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 completion of the sale, the chief financial officer now owns 49,000 shares in the company, valued at approximately $10,933,860. This trade represents a 22.98 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 5,501 shares of the business's stock in a transaction dated 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 transaction, the chief executive officer now directly owns 505,318 shares of the company's stock, valued at approximately $115,434,843.92. This represents a 1.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 104,798 shares of company stock worth $23,341,803. 10.80% of the stock is currently owned by insiders.

Amazon.com 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.