Amazon.com, Inc. (NASDAQ:AMZN) is Capital Investment Advisory Services LLC's 4th Largest Position

Capital Investment Advisory Services LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 94,571 shares of the e-commerce giant's stock after acquiring an additional 1,362 shares during the quarter. Amazon.com comprises 2.0% of Capital Investment Advisory Services LLC's portfolio, making the stock its 4th biggest position. Capital Investment Advisory Services LLC's holdings in Amazon.com were worth $20,748,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of AMZN. MBM Wealth Consultants LLC grew its holdings in Amazon.com by 0.6% during the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock valued at $1,889,000 after purchasing an additional 48 shares during the period. Semus Wealth Partners LLC boosted its position in shares of Amazon.com by 0.3% during the third quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant's stock worth $3,339,000 after purchasing an additional 49 shares in the last quarter. Bell Investment Advisors Inc grew its holdings in shares of Amazon.com by 1.5% in the 3rd quarter. Bell Investment Advisors Inc now owns 3,359 shares of the e-commerce giant's stock valued at $626,000 after buying an additional 51 shares during the period. Eaton Cambridge Inc. grew its holdings in shares of Amazon.com by 1.1% in the 4th quarter. Eaton Cambridge Inc. now owns 4,533 shares of the e-commerce giant's stock valued at $994,000 after buying an additional 51 shares during the period. Finally, Proathlete Wealth Management LLC increased its position in shares of Amazon.com by 0.4% in the 4th quarter. Proathlete Wealth Management LLC now owns 12,853 shares of the e-commerce giant's stock valued at $2,820,000 after buying an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In related news, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.35. Following the transaction, the director now directly owns 88,203 shares of the company's stock, valued at $20,273,459.55. The trade was a 4.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 3,500 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $210.00, for a total transaction of $735,000.00. Following the completion of the transaction, the chief executive officer now owns 524,567 shares in the company, valued at $110,159,070. This trade represents a 0.66 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 40,852 shares of company stock worth $9,324,151. Insiders own 10.80% of the company's stock.

Amazon.com Price Performance

AMZN stock traded down $6.30 during trading on Friday, reaching $216.58. 55,147,843 shares of the company were exchanged, compared to its average volume of 35,392,852. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The company has a market capitalization of $2.30 trillion, a price-to-earnings ratio of 39.16, a P/E/G ratio of 1.57 and a beta of 1.15. The company has a 50-day moving average of $228.10 and a two-hundred day moving average of $203.58.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on AMZN shares. TD Cowen raised their price target on Amazon.com from $240.00 to $265.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. Robert W. Baird raised their target price on shares of Amazon.com from $220.00 to $260.00 and gave the stock an "outperform" rating in a report on Friday, December 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Amazon.com from $225.00 to $232.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Redburn Atlantic increased their price objective on shares of Amazon.com from $225.00 to $235.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Finally, Wolfe Research upped their target price on shares of Amazon.com from $250.00 to $270.00 and gave the stock an "outperform" rating in a research note on Friday, January 3rd. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $260.74.

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.