Amazon.com, Inc. (NASDAQ:AMZN) is RPg Family Wealth Advisory LLC's 2nd Largest Position

RPg Family Wealth Advisory LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,673 shares of the e-commerce giant's stock after purchasing an additional 1,736 shares during the period. Amazon.com accounts for approximately 4.9% of RPg Family Wealth Advisory LLC's portfolio, making the stock its 2nd largest position. RPg Family Wealth Advisory LLC's holdings in Amazon.com were worth $13,750,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of AMZN. Accordant Advisory Group Inc raised its stake in Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after acquiring an additional 100 shares in the last quarter. Icon Wealth Advisors LLC grew its holdings 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 worth $28,000 after purchasing an additional 25,581 shares during the last quarter. Quattro Financial Advisors LLC increased 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. Compass Planning Associates Inc acquired a new stake in shares of Amazon.com during the fourth quarter worth about $51,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Amazon.com in the 4th quarter valued at about $54,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Trading Down 1.0 %

AMZN traded down $1.82 during midday trading on Friday, hitting $172.51. The company's stock had a trading volume of 44,456,290 shares, compared to its average volume of 41,785,381. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The firm has a 50-day moving average price of $198.44 and a two-hundred day moving average price of $207.88. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The firm has a market cap of $1.83 trillion, a P/E ratio of 31.19, a PEG ratio of 1.50 and a beta of 1.39.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its 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%. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling

In other Amazon.com news, SVP David Zapolsky sold 5,848 shares of the business's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.72, for a total transaction of $1,290,770.56. Following the completion of the sale, the senior vice president now directly owns 69,162 shares in the company, valued at $15,265,436.64. The trade was a 7.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the transaction, the chief executive officer now owns 509,474 shares in the company, valued at $95,776,017.26. The trade was a 0.49 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on AMZN. Deutsche Bank Aktiengesellschaft cut their price target on Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a research report on Monday. Stifel Nicolaus lifted their target price on shares of Amazon.com from $245.00 to $275.00 and gave the company a "buy" rating in a report on Friday, February 7th. Phillip Securities cut shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, February 10th. DA Davidson dropped their price objective on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating on the stock in a research note on Monday. Finally, Loop Capital upped their target price on shares of Amazon.com from $275.00 to $285.00 and gave the company a "buy" rating in a report on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $252.73.

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.