Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by One Plus One Wealth Management LLC

One Plus One Wealth Management LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 35.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,806 shares of the e-commerce giant's stock after acquiring an additional 1,766 shares during the period. Amazon.com makes up about 0.9% of One Plus One Wealth Management LLC's portfolio, making the stock its 29th largest holding. One Plus One Wealth Management LLC's holdings in Amazon.com were worth $1,493,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Rench Wealth Management Inc. boosted its holdings in Amazon.com by 7.9% in the 3rd quarter. Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant's stock worth $9,392,000 after buying an additional 3,703 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in Amazon.com by 9.7% in the 3rd quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant's stock worth $34,395,000 after purchasing an additional 16,392 shares in the last quarter. Blankinship & Foster LLC lifted its stake in Amazon.com by 216.4% in the 3rd quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant's stock worth $1,291,000 after purchasing an additional 4,740 shares in the last quarter. Umpqua Bank lifted its stake in Amazon.com by 0.4% in the 3rd quarter. Umpqua Bank now owns 35,120 shares of the e-commerce giant's stock worth $6,544,000 after purchasing an additional 137 shares in the last quarter. Finally, One Wealth Capital Management LLC purchased a new position in Amazon.com in the 4th quarter worth approximately $4,270,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the sale, the chief executive officer now directly owns 497,067 shares of the company's stock, valued at approximately $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 8,833 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company's stock, valued at $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,298 shares of company stock worth $22,871,828 over the last 90 days. Corporate insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $196.59 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The company has a market capitalization of $2.08 trillion, a PE ratio of 35.55, a P/E/G ratio of 1.50 and a beta of 1.19. The company has a fifty day moving average of $223.12 and a two-hundred day moving average of $207.25.

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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 (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on AMZN shares. Roth Mkm raised their target price on shares of Amazon.com from $220.00 to $250.00 and gave the stock a "buy" rating in a research note on Monday, December 9th. BMO Capital Markets reaffirmed an "outperform" rating and set a $236.00 price target on shares of Amazon.com in a research report on Tuesday, December 3rd. Telsey Advisory Group reaffirmed an "outperform" rating and set a $275.00 price target on shares of Amazon.com in a research report on Friday, February 7th. Phillip Securities lowered shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, February 10th. Finally, Raymond James lifted their price target on shares of Amazon.com from $260.00 to $275.00 in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $260.65.

Amazon.com Company 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.

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