Neville Rodie & Shaw Inc. Has $24.14 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Neville Rodie & Shaw Inc. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 110,015 shares of the e-commerce giant's stock after purchasing an additional 1,930 shares during the quarter. Amazon.com accounts for 1.8% of Neville Rodie & Shaw Inc.'s investment portfolio, making the stock its 15th biggest position. Neville Rodie & Shaw Inc.'s holdings in Amazon.com were worth $24,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Icon Wealth Advisors LLC lifted its holdings in Amazon.com by 20.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock worth $28,000 after buying an additional 25,581 shares in the last quarter. PayPay Securities Corp increased its position in shares of Amazon.com by 64.6% during the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock worth $32,000 after acquiring an additional 64 shares during the last quarter. Hoese & Co LLP acquired a new position in shares of Amazon.com in the third quarter worth about $37,000. Bull Oak Capital LLC purchased a new position in Amazon.com in the third quarter valued at about $45,000. Finally, Values First Advisors Inc. acquired a new stake in Amazon.com during the 3rd quarter valued at approximately $56,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Wells Fargo & Company upped their target price on Amazon.com from $197.00 to $212.00 and gave the company an "equal weight" rating in a research report on Tuesday, January 14th. Benchmark increased their price objective on shares of Amazon.com from $200.00 to $215.00 and gave the company a "buy" rating in a research note on Friday, November 1st. The Goldman Sachs Group boosted their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Needham & Company LLC reaffirmed a "buy" rating and set a $250.00 price target on shares of Amazon.com in a research report on Tuesday, December 10th. Finally, Sanford C. Bernstein boosted their price objective on Amazon.com from $235.00 to $265.00 and gave the company an "outperform" rating in a report on Wednesday, December 18th. Two investment analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $245.65.

Amazon.com Price Performance

Amazon.com stock traded up $5.28 during mid-day trading on Friday, hitting $225.94. The company's stock had a trading volume of 42,097,354 shares, compared to its average volume of 27,997,364. The stock has a market capitalization of $2.38 trillion, a P/E ratio of 48.38, a P/E/G ratio of 1.22 and a beta of 1.14. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $233.00. The stock's fifty day moving average price is $217.91 and its two-hundred day moving average price is $196.28. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The business had revenue of $158.88 billion for the quarter, compared to analysts' expectations of $157.28 billion. During the same period in the previous year, the firm posted $0.85 EPS. The company's quarterly revenue was up 11.0% on a year-over-year basis. Research analysts forecast that Amazon.com, Inc. will post 5.38 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 4,351 shares of the firm's stock in a transaction dated Monday, December 9th. The stock was 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 trade represents a 4.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $208.85, for a total value of $625,790,203.70. Following the completion of the transaction, the insider now owns 917,416,976 shares in the company, valued at $191,602,535,437.60. This represents a 0.33 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,032,344 shares of company stock valued at $1,253,456,822. 10.80% of the stock is currently owned by corporate insiders.

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.