Fidelis Capital Partners LLC Boosts Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Fidelis Capital Partners LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 122,190 shares of the e-commerce giant's stock after buying an additional 11,353 shares during the quarter. Amazon.com makes up about 2.9% of Fidelis Capital Partners LLC's investment portfolio, making the stock its 6th biggest position. Fidelis Capital Partners LLC's holdings in Amazon.com were worth $29,010,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of AMZN. Accordant Advisory Group Inc grew its holdings in Amazon.com by 400.0% during 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 last quarter. Icon Wealth Advisors LLC lifted its position 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 in the last quarter. Quattro Financial Advisors LLC lifted its position 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 in the last quarter. Compass Planning Associates Inc bought a new stake in shares of Amazon.com during the fourth quarter valued at approximately $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in Amazon.com in the 4th quarter worth approximately $54,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Down 4.2 %

Shares of AMZN stock traded down $7.41 during trading on Friday, reaching $171.00. The company's stock had a trading volume of 122,919,361 shares, compared to its average volume of 40,634,140. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The business has a fifty day moving average price of $212.18 and a 200-day moving average price of $209.22. The company has a market cap of $1.81 trillion, a price-to-earnings ratio of 30.92, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. 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 (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS 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%. Analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AMZN. Roth Mkm increased their price objective on Amazon.com from $220.00 to $250.00 and gave the company a "buy" rating in a research report on Monday, December 9th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $270.00 price target on shares of Amazon.com in a report on Friday, February 7th. Canaccord Genuity Group reiterated a "buy" rating on shares of Amazon.com in a research report on Thursday, February 13th. Scotiabank upped their target price on shares of Amazon.com from $246.00 to $306.00 and gave the company a "sector outperform" rating in a research report on Friday, January 24th. Finally, TD Cowen lifted their price target on shares of Amazon.com from $240.00 to $265.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. Two investment analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $260.53.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the transaction, the chief executive officer now owns 497,067 shares of the company's stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP David Zapolsky sold 19,212 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $217.50, for a total value of $4,178,610.00. Following the completion of the sale, the senior vice president now directly owns 49,950 shares of the company's stock, valued at approximately $10,864,125. The trade was a 27.78 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,798 shares of company stock valued at $23,341,803. Insiders own 10.80% of the company's stock.

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.