Weil Company Inc. Has $1.32 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Weil Company Inc. boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 65.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,009 shares of the e-commerce giant's stock after buying an additional 2,379 shares during the quarter. Weil Company Inc.'s holdings in Amazon.com were worth $1,318,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AMZN. Quattro Financial Advisors LLC grew its stake in 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 buying an additional 45 shares during the period. White Wing Wealth Management lifted its holdings 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 in the last quarter. MBM Wealth Consultants LLC increased its holdings in Amazon.com by 0.6% in the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock valued at $1,889,000 after purchasing an additional 48 shares in the last quarter. 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 valued at $3,339,000 after purchasing an additional 49 shares in the last quarter. Finally, GGM Financials LLC raised its position in Amazon.com by 2.1% in the fourth quarter. GGM Financials LLC now owns 2,463 shares of the e-commerce giant's stock valued at $540,000 after purchasing an additional 50 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling at Amazon.com

In other Amazon.com news, 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 value of $4,178,610.00. Following the sale, the senior vice president now directly owns 49,950 shares in the company, valued at approximately $10,864,125. The trade was a 27.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the sale, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09. The trade was a 5.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 102,298 shares of company stock worth $22,871,828. Company insiders own 10.80% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on AMZN shares. Piper Sandler reiterated an "overweight" rating and set a $265.00 target price (up from $225.00) on shares of Amazon.com 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 report on Monday, February 10th. Canaccord Genuity Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Thursday, February 13th. Wedbush reissued an "outperform" rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, February 7th. Finally, HSBC upped their target price on Amazon.com from $225.00 to $270.00 and gave the company a "buy" rating in a report on Monday, January 13th. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $260.11.

Amazon.com Price Performance

Shares of Amazon.com stock traded down $4.12 during midday trading on Monday, hitting $188.60. 32,306,674 shares of the company were exchanged, compared to its average volume of 39,807,073. The firm has a 50 day simple moving average of $216.86 and a 200-day simple moving average of $209.25. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The firm has a market cap of $2.00 trillion, a P/E ratio of 34.12, a PEG ratio of 1.50 and a beta of 1.19. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.