S.A. Mason LLC Raises Stake in Amazon.com, Inc. (NASDAQ:AMZN)

S.A. Mason LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 9.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,469 shares of the e-commerce giant’s stock after buying an additional 382 shares during the period. S.A. Mason LLC’s holdings in Amazon.com were worth $980,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. JB Capital LLC increased its holdings in shares of Amazon.com by 1.5% during the fourth quarter. JB Capital LLC now owns 34,441 shares of the e-commerce giant’s stock valued at $7,556,000 after purchasing an additional 521 shares during the period. Princeton Global Asset Management LLC grew its stake in shares of Amazon.com by 40.9% in the 4th quarter. Princeton Global Asset Management LLC now owns 30,497 shares of the e-commerce giant’s stock valued at $6,691,000 after buying an additional 8,857 shares in the last quarter. Oregon Pacific Wealth Management LLC acquired a new stake in Amazon.com in the 4th quarter worth approximately $1,151,000. Abner Herrman & Brock LLC grew its holdings in Amazon.com by 0.5% in the 4th quarter. Abner Herrman & Brock LLC now owns 148,516 shares of the e-commerce giant’s stock valued at $32,583,000 after buying an additional 729 shares during the last quarter. Finally, Family Investment Center Inc. grew its position in Amazon.com by 3.6% during the fourth quarter. Family Investment Center Inc. now owns 2,275 shares of the e-commerce giant’s stock worth $499,000 after buying an additional 78 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Amazon.com 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 value of $1,965,077.51. Following the sale, the vice president now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $210.00, for a total transaction of $735,000.00. Following the completion of the sale, the chief executive officer now directly owns 524,567 shares in the company, valued at $110,159,070. This trade represents a 0.66 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 110,149 shares of company stock worth $24,606,905. 10.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently issued reports on AMZN. Telsey Advisory Group reissued an “outperform” rating and issued a $275.00 price target on shares of Amazon.com in a research report on Friday, February 7th. Wolfe Research raised their target price on shares of Amazon.com from $250.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Redburn Atlantic increased their price target on shares of Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. DA Davidson lifted their price objective on Amazon.com from $235.00 to $280.00 and gave the company a “buy” rating in a report on Friday, February 7th. Finally, Citigroup restated a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $260.65.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $212.80 on Wednesday. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.26 trillion, a P/E ratio of 38.48, a P/E/G ratio of 1.50 and a beta of 1.15. The stock has a 50 day moving average of $227.11 and a two-hundred day moving average of $205.20.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share 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%. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share 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.