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

Weil Company Inc. increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 65.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,009 shares of the e-commerce giant's stock after acquiring an additional 2,379 shares during the period. Weil Company Inc.'s holdings in Amazon.com were worth $1,318,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of AMZN. Accordant Advisory Group Inc grew its holdings in Amazon.com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after purchasing an additional 100 shares during the period. Icon Wealth Advisors LLC boosted its stake in shares of Amazon.com by 20.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock worth $28,000 after acquiring an additional 25,581 shares during the period. Bull Oak Capital LLC acquired a new position in shares of Amazon.com during the 3rd quarter worth approximately $45,000. Quattro Financial Advisors LLC raised its position in shares of Amazon.com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after purchasing an additional 45 shares during the period. Finally, Compass Planning Associates Inc acquired a new stake in shares of Amazon.com during the 4th quarter worth about $51,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Up 1.0 %

Shares of NASDAQ AMZN traded up $1.91 during midday trading on Tuesday, reaching $192.17. The stock had a trading volume of 41,171,347 shares, compared to its average volume of 39,975,586. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The company's 50 day moving average price is $215.38 and its 200 day moving average price is $209.31. The firm has a market cap of $2.04 trillion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 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%. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction 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 $467,532,195.90. This represents a 0.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 27,500 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the sale, the chief executive officer now directly owns 497,067 shares of the company's stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 102,298 shares of company stock worth $22,871,828 in the last 90 days. Corporate insiders own 10.80% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on AMZN shares. Morgan Stanley lifted their price target on Amazon.com from $230.00 to $280.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. Roth Mkm lifted their price target on shares of Amazon.com from $220.00 to $250.00 and gave the company a "buy" rating in a research report on Monday, December 9th. 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. Jefferies Financial Group lowered their price objective on Amazon.com from $275.00 to $250.00 and set a "buy" rating on the stock in a research note on Monday. Finally, UBS Group upped their target price on Amazon.com from $230.00 to $264.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Two investment analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $260.53.

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.