2,718 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Purchased by Wingate Wealth Advisors Inc.

Wingate Wealth Advisors Inc. acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 2,718 shares of the e-commerce giant's stock, valued at approximately $596,000.

Other hedge funds have also recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $2,729,000. Ferguson Wellman Capital Management Inc. boosted its position in shares of Amazon.com by 1.1% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 595,067 shares of the e-commerce giant's stock worth $130,552,000 after purchasing an additional 6,193 shares during the period. Elevate Capital Advisors LLC purchased a new position in shares of Amazon.com during the 4th quarter valued at $4,681,000. GGM Financials LLC increased its stake in Amazon.com by 2.1% in the 4th quarter. GGM Financials LLC now owns 2,463 shares of the e-commerce giant's stock worth $540,000 after buying an additional 50 shares in the last quarter. Finally, Savant Capital LLC raised its holdings in Amazon.com by 5.0% during the fourth quarter. Savant Capital LLC now owns 316,376 shares of the e-commerce giant's stock valued at $69,410,000 after acquiring an additional 15,122 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Up 1.1 %

NASDAQ:AMZN traded up $2.05 during mid-day trading on Tuesday, reaching $196.59. The company's stock had a trading volume of 52,319,970 shares, compared to its average volume of 39,196,863. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The stock has a fifty day moving average of $223.57 and a 200-day moving average of $207.12. The firm has a market capitalization of $2.08 trillion, a PE ratio of 35.55, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19.

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Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping 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%. Equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling

In other news, VP Shelley Reynolds sold 8,833 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the transaction, the vice president now directly owns 119,780 shares of the company's stock, valued at approximately $26,647,456.60. This represents a 6.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of the company'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 transaction, the chief executive officer now directly owns 497,067 shares in the company, valued at $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 102,298 shares of company stock worth $22,871,828 in the last 90 days. 10.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on AMZN. Barclays upped their price objective on Amazon.com from $235.00 to $265.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Maxim Group lifted their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Raymond James upped their target price on shares of Amazon.com from $260.00 to $275.00 in a research report on Monday, February 10th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $270.00 price target on shares of Amazon.com in a report on Friday, February 7th. Finally, Roth Mkm increased their price objective on shares of Amazon.com from $220.00 to $250.00 and gave the company a "buy" rating in a report on Monday, December 9th. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $260.65.

About Amazon.com

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.