Ausdal Financial Partners Inc. Buys 13,505 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Ausdal Financial Partners Inc. increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 41.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,459 shares of the e-commerce giant's stock after acquiring an additional 13,505 shares during the quarter. Amazon.com makes up about 0.9% of Ausdal Financial Partners Inc.'s holdings, making the stock its 20th largest position. Ausdal Financial Partners Inc.'s holdings in Amazon.com were worth $10,193,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Financial Engines Advisors L.L.C. grew its stake in shares of Amazon.com by 45.8% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 101,913 shares of the e-commerce giant's stock worth $22,359,000 after acquiring an additional 32,017 shares during the period. Financial Counselors Inc. increased its position in shares of Amazon.com by 0.9% during the fourth quarter. Financial Counselors Inc. now owns 881,980 shares of the e-commerce giant's stock valued at $193,498,000 after buying an additional 8,293 shares during the period. SwitchPoint Financial Planning LLC purchased a new stake in shares of Amazon.com in the fourth quarter worth about $645,000. Penobscot Investment Management Company Inc. grew its stake in Amazon.com by 1.6% during the fourth quarter. Penobscot Investment Management Company Inc. now owns 103,078 shares of the e-commerce giant's stock valued at $22,614,000 after acquiring an additional 1,628 shares in the last quarter. Finally, Mark Sheptoff Financial Planning LLC increased its holdings in Amazon.com by 15.8% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 6,376 shares of the e-commerce giant's stock worth $1,399,000 after acquiring an additional 869 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Up 1.3 %

AMZN traded up $2.45 on Friday, hitting $188.99. The company had a trading volume of 36,349,105 shares, compared to its average volume of 41,913,658. The stock has a fifty day simple moving average of $193.52 and a 200-day simple moving average of $207.90. 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 firm has a market capitalization of $2.00 trillion, a P/E ratio of 34.18, a P/E/G ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52.

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 (EPS) for the quarter, topping 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 expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 19,212 shares of the firm's 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 directly owns 49,950 shares in the company, valued at approximately $10,864,125. This trade represents a 27.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 5,501 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total transaction of $1,256,648.44. Following the sale, the chief executive officer now directly owns 505,318 shares of the company's stock, valued at $115,434,843.92. This trade represents a 1.08 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

AMZN has been the subject of several analyst reports. Loop Capital raised their price target on shares of Amazon.com from $275.00 to $285.00 and gave the company a "buy" rating in a report on Wednesday, February 12th. Royal Bank of Canada boosted their target price on Amazon.com from $255.00 to $265.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Citizens Jmp lowered their price target on Amazon.com from $285.00 to $240.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group dropped their price target on Amazon.com from $255.00 to $220.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Citigroup lowered their target price on shares of Amazon.com from $273.00 to $225.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $247.56.

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.