Boyd Watterson Asset Management LLC OH Grows Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Boyd Watterson Asset Management LLC OH increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,903 shares of the e-commerce giant's stock after purchasing an additional 2,193 shares during the period. Amazon.com makes up about 1.8% of Boyd Watterson Asset Management LLC OH's portfolio, making the stock its 15th biggest holding. Boyd Watterson Asset Management LLC OH's holdings in Amazon.com were worth $6,560,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AMZN. Accordant Advisory Group Inc boosted its holdings in shares of Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after acquiring an additional 100 shares in the last quarter. Icon Wealth Advisors LLC raised its position in Amazon.com by 20.5% in the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock valued at $28,000 after purchasing an additional 25,581 shares during the last quarter. Bull Oak Capital LLC acquired a new stake in shares of Amazon.com during the third quarter valued at about $45,000. Quattro Financial Advisors LLC grew its holdings in shares of 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 purchasing an additional 45 shares during the last quarter. Finally, Compass Planning Associates Inc acquired a new position in shares of Amazon.com in the fourth quarter valued at approximately $51,000. 72.20% of the stock is currently owned by institutional investors.

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Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 5,501 shares of Amazon.com stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total value of $1,256,648.44. Following the completion of the transaction, the chief executive officer now owns 505,318 shares in the company, valued at approximately $115,434,843.92. This trade represents a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the sale, the chief executive officer now owns 2,118,886 shares in the company, valued at $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 102,298 shares of company stock valued at $22,871,828 in the last ninety days. Corporate insiders own 10.80% of the company's stock.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN traded up $2.34 during midday trading on Tuesday, hitting $205.60. The company had a trading volume of 20,370,011 shares, compared to its average volume of 38,443,934. The company has a market cap of $2.18 trillion, a price-to-earnings ratio of 37.14, a PEG ratio of 1.50 and a beta of 1.19. 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 company has a fifty day moving average of $218.60 and a two-hundred day moving average of $208.62. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on AMZN. Moffett Nathanson boosted their target price on shares of Amazon.com from $235.00 to $248.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $250.00 to $280.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 18th. Robert W. Baird lifted their price target on shares of Amazon.com from $220.00 to $260.00 and gave the company an "outperform" rating in a research note on Friday, December 13th. Wells Fargo & Company dropped their price objective on shares of Amazon.com from $207.00 to $203.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 25th. Finally, Maxim Group boosted their target price on Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research report on Friday, February 7th. 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 data from MarketBeat, Amazon.com currently has a consensus rating of "Moderate Buy" and an average target price of $260.65.

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.