Amazon.com, Inc. (NASDAQ:AMZN) Holdings Raised by Maple Capital Management Inc.

Maple Capital Management Inc. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 362,054 shares of the e-commerce giant's stock after purchasing an additional 6,262 shares during the quarter. Amazon.com makes up approximately 5.8% of Maple Capital Management Inc.'s portfolio, making the stock its 4th biggest position. Maple Capital Management Inc.'s holdings in Amazon.com were worth $79,431,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in AMZN. Cable Hill Partners LLC lifted its position in Amazon.com by 0.5% during the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock valued at $2,104,000 after purchasing an additional 44 shares during the period. Quattro Financial Advisors LLC boosted its stake in shares of Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after acquiring an additional 45 shares during the last quarter. White Wing Wealth Management grew its position in shares of Amazon.com by 2.4% during the 4th quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock valued at $433,000 after acquiring an additional 47 shares during the period. MBM Wealth Consultants LLC increased its position in 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 worth $1,889,000 after buying an additional 48 shares in the last quarter. Finally, Semus Wealth Partners LLC increased its holdings 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 acquiring an additional 49 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

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Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 20,784 shares of the firm's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the sale, the chief executive officer now owns 2,118,886 shares in the company, valued at $467,532,195.90. This trade represents a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Douglas J. Herrington sold 5,501 shares of Amazon.com stock in a transaction that occurred 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 completion of the sale, the chief executive officer now directly owns 505,318 shares in the company, valued at $115,434,843.92. This represents a 1.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 102,298 shares of company stock valued at $22,871,828 over the last three months. 10.80% of the stock is currently owned by company insiders.

Amazon.com Stock Performance

NASDAQ:AMZN traded up $1.91 during trading hours on Tuesday, reaching $192.17. 41,171,347 shares of the company's stock were exchanged, compared to its average volume of 39,975,586. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. 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 $2.04 trillion, a price-to-earnings ratio of 34.75, a P/E/G ratio of 1.50 and a beta of 1.19. The company has a 50-day moving average of $216.15 and a 200 day moving average of $209.27.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted 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%. Research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on AMZN shares. Citigroup reaffirmed a "buy" rating on shares of Amazon.com in a research note on Thursday, February 13th. Mizuho upped their target price on shares of Amazon.com from $240.00 to $260.00 and gave the company an "outperform" rating in a research report on Tuesday, December 10th. BMO Capital Markets reissued an "outperform" rating and set a $236.00 price objective on shares of Amazon.com in a research note on Tuesday, December 3rd. The Goldman Sachs Group increased their target price on shares of Amazon.com from $240.00 to $255.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, DA Davidson raised their price target on Amazon.com from $235.00 to $280.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and an average 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.