Fidelis Capital Partners LLC Buys 11,353 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Fidelis Capital Partners LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 122,190 shares of the e-commerce giant's stock after acquiring an additional 11,353 shares during the quarter. Amazon.com makes up about 2.9% of Fidelis Capital Partners LLC's holdings, making the stock its 6th biggest position. Fidelis Capital Partners LLC's holdings in Amazon.com were worth $29,010,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Accordant Advisory Group Inc grew its stake 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 valued at $27,000 after purchasing an additional 100 shares during the last quarter. Icon Wealth Advisors LLC lifted its holdings in shares of Amazon.com by 20.5% during the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock worth $28,000 after purchasing an additional 25,581 shares during the period. Quattro Financial Advisors LLC grew its position in Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after buying an additional 45 shares during the last quarter. Compass Planning Associates Inc acquired a new position in Amazon.com in the 4th quarter valued at $51,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in Amazon.com in the 4th quarter valued at $54,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

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Insider Activity

In related news, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction dated Friday, February 21st. The stock was 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. This trade represents a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the sale, the chief executive officer now owns 497,067 shares of the company's stock, valued at $114,459,618.09. This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock worth $23,341,803 over the last 90 days. Company insiders own 10.80% of the company's stock.

Amazon.com Trading Down 4.2 %

Shares of AMZN stock traded down $7.41 during mid-day trading on Friday, reaching $171.00. The company's stock had a trading volume of 121,066,781 shares, compared to its average volume of 40,644,703. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $1.81 trillion, a PE ratio of 30.92, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. The company's 50 day simple moving average is $213.46 and its 200-day simple moving average is $209.01. 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 posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (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%. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on AMZN. Piper Sandler reaffirmed an "overweight" rating and issued a $265.00 target price (up previously from $225.00) on shares of Amazon.com in a report on Friday, February 7th. Phillip Securities downgraded shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, February 10th. Cantor Fitzgerald reiterated an "overweight" rating and set a $270.00 target price on shares of Amazon.com in a research report on Friday, February 7th. Maxim Group increased their target price on Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, JPMorgan Chase & Co. lifted their price target on Amazon.com from $250.00 to $280.00 and gave the company an "overweight" rating in a research note on Wednesday, December 18th. Two investment analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $260.53.

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.