Jones Financial Companies Lllp Has $330.17 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Jones Financial Companies Lllp increased its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 40.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,504,944 shares of the e-commerce giant's stock after acquiring an additional 434,898 shares during the quarter. Jones Financial Companies Lllp's holdings in Amazon.com were worth $330,170,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Cable Hill Partners LLC grew its holdings in Amazon.com by 0.5% during the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock worth $2,104,000 after acquiring an additional 44 shares during 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. White Wing Wealth Management grew its stake in shares of Amazon.com by 2.4% during the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock valued at $433,000 after purchasing an additional 47 shares during the last quarter. MBM Wealth Consultants LLC increased its holdings in shares of Amazon.com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock valued at $1,889,000 after purchasing an additional 48 shares in the last quarter. Finally, Semus Wealth Partners LLC raised its position in Amazon.com by 0.3% in the 3rd quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant's stock worth $3,339,000 after purchasing an additional 49 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

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Amazon.com Stock Down 4.2 %

NASDAQ AMZN traded down $7.41 during trading hours on Friday, hitting $171.00. 121,066,781 shares of the company traded hands, compared to its average volume of 40,644,703. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The business's 50-day moving average is $213.46 and its 200-day moving average is $209.01. The stock has a market capitalization of $1.81 trillion, a price-to-earnings ratio of 30.92, a P/E/G ratio of 1.50 and a beta of 1.19. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Royal Bank of Canada lifted their target price on Amazon.com from $255.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Jefferies Financial Group dropped their price objective on Amazon.com from $275.00 to $250.00 and set a "buy" rating for the company in a report on Monday. Oppenheimer raised their target price on shares of Amazon.com from $230.00 to $260.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. The Goldman Sachs Group boosted their price target on shares of Amazon.com from $240.00 to $255.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $260.53.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the sale, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.26. This represents a 0.49 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the transaction, the vice president now directly owns 119,780 shares of the company's stock, valued at approximately $26,647,456.60. This trade represents a 6.87 % 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 in the last ninety days. 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.