Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Kozak & Associates Inc.

Kozak & Associates Inc. lifted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,736 shares of the e-commerce giant's stock after acquiring an additional 2,950 shares during the quarter. Amazon.com accounts for approximately 4.3% of Kozak & Associates Inc.'s investment portfolio, making the stock its 10th largest holding. Kozak & Associates Inc.'s holdings in Amazon.com were worth $18,773,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Icon Wealth Advisors LLC raised its position in shares of Amazon.com by 20.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock worth $28,000 after acquiring an additional 25,581 shares in the last quarter. PayPay Securities Corp grew its stake in Amazon.com by 64.6% in the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock valued at $32,000 after purchasing an additional 64 shares during the last quarter. Hoese & Co LLP bought a new position in Amazon.com in the third quarter worth about $37,000. Bull Oak Capital LLC purchased a new stake in shares of Amazon.com during the third quarter valued at about $45,000. Finally, Values First Advisors Inc. bought a new stake in shares of Amazon.com in the 3rd quarter valued at about $56,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

AMZN stock traded up $5.28 during trading on Monday, hitting $225.94. The stock had a trading volume of 42,097,354 shares, compared to its average volume of 27,997,364. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $233.00. The company's 50-day moving average price is $217.91 and its two-hundred day moving average price is $196.27. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The stock has a market capitalization of $2.38 trillion, a P/E ratio of 48.38, a PEG ratio of 1.22 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The firm had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. During the same period in the previous year, the company posted $0.85 earnings per share. The business's revenue was up 11.0% on a year-over-year basis. As a group, research analysts predict that Amazon.com, Inc. will post 5.38 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on AMZN shares. UBS Group increased their target price on shares of Amazon.com from $230.00 to $264.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Wells Fargo & Company increased their price objective on Amazon.com from $197.00 to $212.00 and gave the company an "equal weight" rating in a report on Tuesday, January 14th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $230.00 target price on shares of Amazon.com in a research report on Monday, October 7th. Truist Financial raised their price target on Amazon.com from $265.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Finally, HSBC increased their price objective on shares of Amazon.com from $225.00 to $270.00 and gave the company a "buy" rating in a research report on Monday, January 13th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $245.65.

Insider Transactions at Amazon.com

In other news, Director Jonathan Rubinstein sold 4,351 shares of the business's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the transaction, the director now directly owns 88,203 shares in the company, valued at $20,273,459.55. The trade was a 4.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Matthew S. Garman sold 15,260 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $200.19, for a total value of $3,054,899.40. Following the completion of the sale, the chief executive officer now directly owns 349,261 shares of the company's stock, valued at approximately $69,918,559.59. This represents a 4.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,032,344 shares of company stock valued at $1,253,456,822 over the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

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.