Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Comprehensive Financial Consultants Institutional Inc.

Comprehensive Financial Consultants Institutional Inc. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 14,081 shares of the e-commerce giant’s stock after acquiring an additional 809 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in Amazon.com were worth $2,139,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mayflower Financial Advisors LLC lifted its holdings in shares of Amazon.com by 0.3% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock valued at $25,000 after buying an additional 572 shares during the period. PayPay Securities Corp lifted its holdings in shares of Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after buying an additional 94 shares during the period. Laurel Wealth Planning LLC lifted its holdings in shares of Amazon.com by 1,900.0% in the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after buying an additional 304 shares during the period. Sanctuary Wealth Management L.L.C. purchased a new position in shares of Amazon.com in the 4th quarter valued at about $37,000. Finally, Swaine & Leidel Wealth Services LLC purchased a new position in shares of Amazon.com in the 1st quarter valued at about $38,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total transaction of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at approximately $24,214,400. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total transaction of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at approximately $24,214,400. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $180.73, for a total transaction of $632,555.00. Following the sale, the chief executive officer now owns 512,858 shares in the company, valued at $92,688,826.34. The disclosure for this sale can be found here. Insiders have sold a total of 32,213,510 shares of company stock worth $5,505,798,456 in the last ninety days. 12.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AMZN shares. BMO Capital Markets started coverage on Amazon.com in a research note on Tuesday, January 9th. They issued an “outperform” rating and a $200.00 price target for the company. Telsey Advisory Group restated an “outperform” rating and issued a $200.00 price target on shares of Amazon.com in a research note on Wednesday, March 27th. Wolfe Research lifted their price target on Amazon.com from $195.00 to $205.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Wedbush restated an “outperform” rating and issued a $220.00 price target on shares of Amazon.com in a research note on Wednesday, April 10th. Finally, Roth Mkm restated a “buy” rating and issued a $205.00 price target on shares of Amazon.com in a research note on Tuesday. One research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus price target of $202.80.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $174.63 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The stock has a market capitalization of $1.82 trillion, a P/E ratio of 60.22, a PEG ratio of 1.57 and a beta of 1.16. The company has a 50 day moving average price of $177.28 and a 200 day moving average price of $156.83. Amazon.com, Inc. has a fifty-two week low of $101.15 and a fifty-two week high of $189.77.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. The firm had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the company posted $0.21 EPS. Equities research analysts forecast that Amazon.com, Inc. will post 4.1 EPS for the current year.

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.