Blueprint Investment Partners LLC Purchases 11,698 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Blueprint Investment Partners LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 34.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,919 shares of the e-commerce giant's stock after purchasing an additional 11,698 shares during the quarter. Amazon.com comprises approximately 1.6% of Blueprint Investment Partners LLC's holdings, making the stock its 15th largest position. Blueprint Investment Partners LLC's holdings in Amazon.com were worth $10,074,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMZN. Accordant Advisory Group Inc lifted its position in shares of Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after acquiring an additional 100 shares during the period. Compass Planning Associates Inc bought a new position in Amazon.com in the fourth quarter worth $51,000. Quattro Financial Advisors LLC boosted its stake 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 in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in Amazon.com in the 4th quarter valued at $54,000. Finally, Iron Horse Wealth Management LLC raised its stake in shares of Amazon.com by 64.4% in the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant's stock valued at $63,000 after buying an additional 112 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMZN. Stifel Nicolaus lowered their target price on shares of Amazon.com from $275.00 to $248.00 and set a "buy" rating on the stock in a research note on Wednesday. JMP Securities lowered their price objective on Amazon.com from $285.00 to $240.00 and set a "market outperform" rating on the stock in a research note on Monday, April 14th. Raymond James restated an "outperform" rating and set a $195.00 target price (down previously from $275.00) on shares of Amazon.com in a research report on Monday. Bank of America decreased their price target on Amazon.com from $257.00 to $225.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Finally, Canaccord Genuity Group reiterated a "buy" rating on shares of Amazon.com in a research note on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the stock. According to data from MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and an average price target of $247.56.

Amazon.com Trading Up 1.3 %

NASDAQ AMZN traded up $2.45 on Friday, reaching $188.99. The company had a trading volume of 36,349,105 shares, compared to its average volume of 41,950,653. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The stock has a market cap of $2.00 trillion, a price-to-earnings ratio of 34.18, a PEG ratio of 1.50 and a beta of 1.39. The stock's 50 day moving average is $194.27 and its 200-day moving average is $207.70.

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

Insiders Place Their Bets

In related news, CEO Andrew R. Jassy sold 20,784 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the transaction, the chief executive officer now directly owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. The trade was a 0.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 14,620 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $223.14, for a total transaction of $3,262,306.80. Following the sale, the chief financial officer now owns 49,000 shares in the company, valued at $10,933,860. This trade represents a 22.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 104,798 shares of company stock worth $23,341,803 over the last ninety 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.