FSA Advisors Inc. Boosts Position in Amazon.com, Inc. (NASDAQ:AMZN)

FSA Advisors Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 52.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,510 shares of the e-commerce giant's stock after buying an additional 1,205 shares during the period. FSA Advisors Inc.'s holdings in Amazon.com were worth $770,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of AMZN. International Assets Investment Management LLC raised its holdings in Amazon.com by 20,897.2% in the third quarter. International Assets Investment Management LLC now owns 39,135,449 shares of the e-commerce giant's stock worth $72,921,080,000 after buying an additional 38,949,065 shares during the last quarter. Parnassus Investments LLC raised its holdings in Amazon.com by 82,457.3% in the third quarter. Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant's stock worth $2,125,148,000 after buying an additional 11,391,479 shares during the last quarter. State Street Corp raised its holdings in shares of Amazon.com by 3.3% during the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock valued at $66,926,008,000 after purchasing an additional 11,370,309 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Amazon.com by 3.4% during the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant's stock valued at $37,116,341,000 after purchasing an additional 6,545,944 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Amazon.com during the third quarter valued at approximately $492,144,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total value of $1,256,648.44. Following the sale, the chief executive officer now owns 505,318 shares of the company's stock, valued at approximately $115,434,843.92. This represents a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 transaction of $1,000,077.35. Following the completion of the sale, the director now directly owns 88,203 shares in the company, valued at approximately $20,273,459.55. This represents a 4.70 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 40,852 shares of company stock valued at $9,324,151 over the last 90 days. 10.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AMZN has been the subject of several research reports. BMO Capital Markets reissued an "outperform" rating and set a $236.00 price objective on shares of Amazon.com in a report on Tuesday, December 3rd. Evercore ISI boosted their price objective on shares of Amazon.com from $240.00 to $260.00 and gave the company an "outperform" rating in a report on Friday, November 1st. Scotiabank boosted their price objective on shares of Amazon.com from $246.00 to $306.00 and gave the company a "sector outperform" rating in a report on Friday, January 24th. Monness Crespi & Hardt boosted their price objective on shares of Amazon.com from $225.00 to $245.00 and gave the company a "buy" rating in a report on Friday, November 1st. Finally, DA Davidson boosted their price objective on shares of Amazon.com from $235.00 to $280.00 and gave the company a "buy" rating in a report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Amazon.com has an average rating of "Moderate Buy" and an average target price of $260.74.

Amazon.com Price Performance

Amazon.com stock traded down $6.30 during mid-day trading on Friday, reaching $216.58. 55,147,843 shares of the company's stock traded hands, compared to its average volume of 35,339,464. The company has a market cap of $2.30 trillion, a price-to-earnings ratio of 39.16, a PEG ratio of 1.54 and a beta of 1.15. The stock has a 50 day moving average of $227.88 and a two-hundred day moving average of $203.96. 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 12-month low of $151.61 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly 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 net margin of 9.29% and a return on equity of 24.25%. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.