Amazon.com, Inc. (NASDAQ:AMZN) Position Boosted by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 352,679 shares of the e-commerce giant's stock after buying an additional 6,667 shares during the quarter. Amazon.com comprises about 1.9% of Signature Estate & Investment Advisors LLC's investment portfolio, making the stock its 9th biggest position. Signature Estate & Investment Advisors LLC's holdings in Amazon.com were worth $77,374,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Syverson Strege & Co boosted its position in Amazon.com by 46.2% during the fourth quarter. Syverson Strege & Co now owns 2,489 shares of the e-commerce giant's stock worth $546,000 after acquiring an additional 786 shares during the last quarter. WorthPointe LLC lifted its position in Amazon.com by 4.2% during the fourth quarter. WorthPointe LLC now owns 3,794 shares of the e-commerce giant's stock worth $832,000 after buying an additional 154 shares during the period. Heritage Wealth Management Inc. CA grew its holdings in Amazon.com by 14.1% in the 4th quarter. Heritage Wealth Management Inc. CA now owns 5,009 shares of the e-commerce giant's stock valued at $1,099,000 after buying an additional 619 shares during the period. Zions Bancorporation N.A. lifted its holdings in shares of Amazon.com by 14.2% during the 4th quarter. Zions Bancorporation N.A. now owns 148,014 shares of the e-commerce giant's stock worth $32,473,000 after acquiring an additional 18,366 shares during the period. Finally, FineMark National Bank & Trust boosted its position in shares of Amazon.com by 1.2% in the fourth quarter. FineMark National Bank & Trust now owns 219,203 shares of the e-commerce giant's stock worth $48,091,000 after acquiring an additional 2,558 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the transaction, the chief executive officer now owns 2,118,886 shares of the company's stock, valued at approximately $467,532,195.90. This trade represents a 0.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 8,833 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the sale, the vice president now directly owns 119,780 shares of the company's stock, valued at $26,647,456.60. This represents a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by insiders.

Amazon.com Price Performance

Shares of Amazon.com stock traded up $2.45 on Friday, hitting $188.99. The company had a trading volume of 36,349,105 shares, compared to its average volume of 41,913,658. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a market cap of $2.00 trillion, a PE ratio of 34.18, a PEG ratio of 1.50 and a beta of 1.39. The business has a 50-day simple moving average of $193.52 and a 200-day simple moving average of $207.75. 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 issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (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 expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Bank of America decreased their price target on shares of Amazon.com from $257.00 to $225.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. JMP Securities lowered their price target on Amazon.com from $285.00 to $240.00 and set a "market outperform" rating for the company in a research report on Monday, April 14th. Citigroup cut their price objective on Amazon.com from $273.00 to $225.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Amazon.com from $287.00 to $206.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Telsey Advisory Group reduced their price target on shares of Amazon.com from $275.00 to $235.00 and set an "outperform" rating on the stock in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $247.56.

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.