BBR Partners LLC Boosts Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

BBR Partners LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 15.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 47,354 shares of the e-commerce giant's stock after buying an additional 6,258 shares during the quarter. Amazon.com makes up 0.7% of BBR Partners LLC's holdings, making the stock its 17th biggest holding. BBR Partners LLC's holdings in Amazon.com were worth $10,389,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Cable Hill Partners LLC raised its position in shares of Amazon.com by 0.5% during the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock worth $2,104,000 after purchasing an additional 44 shares during the period. Quattro Financial Advisors LLC raised its holdings in Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after buying an additional 45 shares during the last quarter. White Wing Wealth Management lifted its stake in shares of Amazon.com by 2.4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock valued at $433,000 after buying an additional 47 shares in the last quarter. MBM Wealth Consultants LLC grew its holdings in shares of Amazon.com by 0.6% during the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock valued at $1,889,000 after buying an additional 48 shares during the last quarter. Finally, Semus Wealth Partners LLC raised its holdings in shares of Amazon.com by 0.3% in the 3rd quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant's stock worth $3,339,000 after acquiring an additional 49 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Price Performance

NASDAQ AMZN traded up $3.65 on Friday, hitting $184.87. The stock had a trading volume of 50,532,441 shares, compared to its average volume of 41,591,929. The firm has a 50-day moving average of $204.23 and a 200-day moving average of $208.42. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The company has a market capitalization of $1.96 trillion, a price-to-earnings ratio of 33.43, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping 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%. Equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. UBS Group lifted their price target on Amazon.com from $230.00 to $264.00 and gave the company a "buy" rating in a research note on Monday, December 16th. Jefferies Financial Group cut their target price on Amazon.com from $275.00 to $250.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Wolfe Research increased their price target on Amazon.com from $250.00 to $270.00 and gave the company an "outperform" rating in a research report on Friday, January 3rd. Citigroup restated a "buy" rating on shares of Amazon.com in a research note on Thursday, April 3rd. Finally, JMP Securities set a $285.00 target price on shares of Amazon.com in a research note on Thursday, March 27th. Two research analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $258.19.

Insiders Place Their Bets

In related news, VP Shelley Reynolds sold 8,833 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at approximately $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.00. Following the completion of the transaction, the chief executive officer now directly owns 509,474 shares in the company, valued at approximately $95,776,017.26. This represents a 0.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock worth $23,341,803 in the last ninety days. 10.80% of the stock is currently owned by insiders.

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.