Caldwell Investment Management Ltd. Has $2.24 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Caldwell Investment Management Ltd. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 18.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,700 shares of the e-commerce giant’s stock after buying an additional 2,300 shares during the period. Amazon.com accounts for approximately 1.7% of Caldwell Investment Management Ltd.’s investment portfolio, making the stock its 12th biggest position. Caldwell Investment Management Ltd.’s holdings in Amazon.com were worth $2,238,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fiduciary Planning LLC raised its stake in Amazon.com by 1.5% during the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock worth $1,138,000 after acquiring an additional 5 shares in the last quarter. HBC Financial Services PLLC increased its stake in shares of Amazon.com by 0.8% in the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock valued at $1,717,000 after buying an additional 5 shares during the period. Meridian Investment Counsel Inc. increased its stake in shares of Amazon.com by 3.4% in the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock valued at $492,000 after buying an additional 5 shares during the period. Alterna Wealth Management Inc. increased its stake in shares of Amazon.com by 1.8% in the first quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock valued at $942,000 after buying an additional 5 shares during the period. Finally, Archetype Wealth Partners increased its stake in shares of Amazon.com by 3.7% in the first quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock valued at $552,000 after buying an additional 6 shares during the period. 72.20% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $145.63, for a total transaction of $72,815.00. Following the completion of the sale, the chief executive officer now directly owns 118,560 shares of the company’s stock, valued at approximately $17,265,892.80. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CEO Andrew R. Jassy sold 50,000 shares of Amazon.com stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $168.65, for a total value of $8,432,500.00. Following the completion of the sale, the chief executive officer now owns 2,014,055 shares of the company’s stock, valued at approximately $339,670,375.75. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $145.63, for a total value of $72,815.00. Following the completion of the sale, the chief executive officer now directly owns 118,560 shares of the company’s stock, valued at approximately $17,265,892.80. The disclosure for this sale can be found here. Insiders sold a total of 32,210,510 shares of company stock valued at $5,505,223,106 in the last ninety days. 12.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Wolfe Research upped their price objective on Amazon.com from $195.00 to $205.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. DA Davidson upped their price objective on Amazon.com from $195.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. UBS Group increased their target price on shares of Amazon.com from $180.00 to $198.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Stifel Nicolaus increased their target price on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, Monness Crespi & Hardt increased their target price on shares of Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Amazon.com currently has a consensus rating of “Buy” and an average target price of $197.95.

Amazon.com Trading Up 0.9 %

NASDAQ AMZN opened at $179.83 on Thursday. Amazon.com, Inc. has a 12 month low of $96.29 and a 12 month high of $181.41. The firm has a market capitalization of $1.87 trillion, a P/E ratio of 62.01, a PEG ratio of 1.57 and a beta of 1.17. The business has a fifty day simple moving average of $169.73 and a 200 day simple moving average of $151.07. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The firm had revenue of $169.96 billion during the quarter, compared to analyst estimates of $165.96 billion. During the same period last year, the firm posted $0.21 EPS. The business’s revenue was up 13.9% compared to the same quarter last year. On average, analysts predict that Amazon.com, Inc. will post 4.08 EPS for the current fiscal year.

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.