Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Increased by Moors & Cabot Inc.

Moors & Cabot Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 213,362 shares of the e-commerce giant's stock after purchasing an additional 7,856 shares during the quarter. Amazon.com accounts for approximately 2.2% of Moors & Cabot Inc.'s investment portfolio, making the stock its 5th largest position. Moors & Cabot Inc.'s holdings in Amazon.com were worth $46,809,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMZN. Accordant Advisory Group Inc boosted its holdings in shares of Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after acquiring an additional 100 shares in the last quarter. Icon Wealth Advisors LLC raised its stake 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 valued at $28,000 after acquiring an additional 25,581 shares during the last quarter. Quattro Financial Advisors LLC lifted its holdings 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 during the period. Compass Planning Associates Inc acquired a new stake in Amazon.com in the fourth quarter valued at $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at about $54,000. Institutional investors own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In related 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 completion of the transaction, the chief executive officer now directly owns 497,067 shares in the company, valued at approximately $114,459,618.09. The trade was a 5.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP David Zapolsky sold 19,212 shares of Amazon.com stock in a transaction on Monday, February 24th. The shares were sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the transaction, the senior vice president now owns 49,950 shares in the company, valued at approximately $10,864,125. This trade represents a 27.78 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,798 shares of company stock worth $23,341,803. Insiders own 10.80% of the company's stock.

Amazon.com Stock Down 2.0 %

AMZN stock traded down $3.58 on Wednesday, reaching $176.01. 4,306,592 shares of the company traded hands, compared to its average volume of 41,473,355. The firm has a fifty day simple moving average of $201.96 and a 200-day simple moving average of $208.30. The company has a market cap of $1.87 trillion, a P/E ratio of 31.88, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping 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 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMZN. Westpark Capital initiated coverage on shares of Amazon.com in a research report on Tuesday, April 1st. They set a "buy" rating and a $280.00 target price for the company. Wolfe Research increased their price target on Amazon.com from $250.00 to $270.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. Scotiabank lifted their price target 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. Bank of America reduced their price objective on shares of Amazon.com from $257.00 to $225.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Finally, Canaccord Genuity Group restated a "buy" rating on shares of Amazon.com in a report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $253.56.

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.