Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Increased by Hendershot Investments Inc.

Hendershot Investments Inc. lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 11.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 70,031 shares of the e-commerce giant's stock after buying an additional 7,062 shares during the period. Amazon.com makes up 2.1% of Hendershot Investments Inc.'s holdings, making the stock its 15th largest position. Hendershot Investments Inc.'s holdings in Amazon.com were worth $15,364,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Accordant Advisory Group Inc lifted its position in shares of Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares during the last quarter. Icon Wealth Advisors LLC increased its stake in Amazon.com by 20.5% during the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock valued at $28,000 after acquiring an additional 25,581 shares during the period. Hoese & Co LLP bought a new position in Amazon.com during the third quarter valued at about $37,000. Bull Oak Capital LLC bought a new position in Amazon.com during the third quarter valued at about $45,000. Finally, Quattro Financial Advisors LLC grew its stake in shares of Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after purchasing an additional 45 shares during the period. Institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com 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 transaction, the chief executive officer now directly owns 497,067 shares of the company's stock, valued at approximately $114,459,618.09. The trade was a 5.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 19,212 shares of Amazon.com stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the completion of the sale, the senior vice president now owns 49,950 shares in the company, valued at approximately $10,864,125. This represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 106,649 shares of company stock valued at $23,871,905 over the last three months. 10.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on AMZN. Citigroup reiterated a "buy" rating on shares of Amazon.com in a research note on Thursday, February 13th. Jefferies Financial Group upped their price objective on Amazon.com from $235.00 to $275.00 and gave the stock a "buy" rating in a report on Monday, December 16th. Benchmark increased their price target on Amazon.com from $215.00 to $265.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. BMO Capital Markets reaffirmed an "outperform" rating and set a $236.00 price objective on shares of Amazon.com in a research note on Tuesday, December 3rd. Finally, JPMorgan Chase & Co. increased their target price on Amazon.com from $250.00 to $280.00 and gave the stock an "overweight" rating in a report on Wednesday, December 18th. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $260.65.

Amazon.com Price Performance

AMZN stock opened at $208.36 on Thursday. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The firm has a market capitalization of $2.21 trillion, a P/E ratio of 37.68, a P/E/G ratio of 1.50 and a beta of 1.15. 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 business's 50-day moving average is $225.12 and its two-hundred day moving average is $206.50.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results 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%. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.

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