Auxano Advisors LLC Has $36.39 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Auxano Advisors LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 165,885 shares of the e-commerce giant's stock after purchasing an additional 1,695 shares during the period. Amazon.com accounts for approximately 9.2% of Auxano Advisors LLC's portfolio, making the stock its 3rd largest position. Auxano Advisors LLC's holdings in Amazon.com were worth $36,393,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of AMZN. Accordant Advisory Group Inc increased its position in shares of Amazon.com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after buying an additional 100 shares during the period. Compass Planning Associates Inc purchased a new position in shares of Amazon.com during the 4th quarter worth approximately $51,000. Quattro Financial Advisors LLC raised its position 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 worth $51,000 after acquiring an additional 45 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Amazon.com in the 4th quarter valued at approximately $54,000. Finally, Iron Horse Wealth Management LLC boosted its position in shares of Amazon.com by 64.4% during the fourth quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant's stock valued at $63,000 after purchasing an additional 112 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

Several equities analysts have commented on AMZN shares. Cantor Fitzgerald reissued an "overweight" rating and set a $270.00 price objective on shares of Amazon.com in a research report on Friday, February 7th. Scotiabank lifted their price target on shares of Amazon.com from $246.00 to $306.00 and gave the company a "sector outperform" rating in a research report on Friday, January 24th. Needham & Company LLC reissued a "buy" rating and set a $250.00 price objective on shares of Amazon.com in a research note on Friday, February 7th. Benchmark raised their target price on shares of Amazon.com from $215.00 to $265.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. Finally, Royal Bank of Canada boosted their price target on Amazon.com from $255.00 to $265.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Two equities research 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 stock. Based on data from MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and an average price target of $260.53.

Amazon.com Price Performance

Shares of NASDAQ:AMZN traded up $4.26 during midday trading on Monday, reaching $175.26. 109,053,091 shares of the company were exchanged, compared to its average volume of 40,907,791. 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 stock has a market cap of $1.86 trillion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The business's fifty day moving average is $210.97 and its two-hundred day moving average is $209.12. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates 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, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.00. Following the sale, the chief executive officer now directly owns 509,474 shares in the company, valued at $95,776,017.26. The trade was a 0.49 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the completion of the transaction, the chief executive officer now directly owns 2,118,886 shares of the company's stock, valued at approximately $467,532,195.90. The trade was a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock valued at $23,341,803 in the last ninety days. Corporate insiders own 10.80% of the company's stock.

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.