Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Constitution Capital LLC

Constitution Capital LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,080 shares of the e-commerce giant's stock after purchasing an additional 1,500 shares during the quarter. Amazon.com comprises about 2.0% of Constitution Capital LLC's portfolio, making the stock its 15th biggest position. Constitution Capital LLC's holdings in Amazon.com were worth $3,528,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hoese & Co LLP purchased a new position in shares of Amazon.com in the 3rd quarter valued at $37,000. Bull Oak Capital LLC purchased a new position in shares of Amazon.com in the 3rd quarter valued at $45,000. Values First Advisors Inc. purchased a new position in shares of Amazon.com in the 3rd quarter valued at $56,000. IFS Advisors LLC increased its holdings in shares of Amazon.com by 1,625.0% in the 4th quarter. IFS Advisors LLC now owns 345 shares of the e-commerce giant's stock valued at $76,000 after acquiring an additional 325 shares during the period. Finally, West Financial Advisors LLC purchased a new position in shares of Amazon.com in the 4th quarter valued at $88,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on Amazon.com from $197.00 to $212.00 and gave the company an "equal weight" rating in a report on Tuesday, January 14th. Maxim Group raised their price objective on Amazon.com from $251.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft raised their price objective on Amazon.com from $225.00 to $232.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. DA Davidson reissued a "buy" rating and issued a $235.00 price objective on shares of Amazon.com in a research report on Thursday, October 10th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $250.00 price objective on shares of Amazon.com in a research report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Amazon.com has a consensus rating of "Moderate Buy" and a consensus price target of $249.46.

Amazon.com Trading Down 1.0 %

Shares of AMZN traded down $2.43 during midday trading on Thursday, hitting $234.64. 31,950,988 shares of the stock were exchanged, compared to its average volume of 32,440,846. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $241.77. The stock has a fifty day simple moving average of $222.30 and a 200 day simple moving average of $198.30. The firm has a market cap of $2.47 trillion, a P/E ratio of 50.24, a P/E/G ratio of 1.31 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The business had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same period last year, the business posted $0.85 earnings per share. The company's quarterly revenue was up 11.0% on a year-over-year basis. On average, research analysts anticipate that Amazon.com, Inc. will post 5.39 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 2,996,362 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $208.85, for a total value of $625,790,203.70. Following the sale, the insider now directly owns 917,416,976 shares in the company, valued at approximately $191,602,535,437.60. This trade represents a 0.33 % 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, Director Jonathan Rubinstein sold 4,351 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the completion of the sale, the director now owns 88,203 shares in the company, valued at approximately $20,273,459.55. The trade was a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,032,344 shares of company stock worth $1,253,456,822 over the last ninety days. Company insiders own 10.80% of the company's stock.

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.