Hilltop Partners LLC Buys 324 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Hilltop Partners LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,430 shares of the e-commerce giant’s stock after acquiring an additional 324 shares during the quarter. Amazon.com comprises approximately 0.9% of Hilltop Partners LLC’s holdings, making the stock its 20th largest position. Hilltop Partners LLC’s holdings in Amazon.com were worth $2,727,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cable Hill Partners LLC increased its position in shares of Amazon.com by 0.5% in the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock valued at $2,104,000 after acquiring an additional 44 shares during the last quarter. Quattro Financial Advisors LLC boosted its position in Amazon.com by 23.8% during 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 last quarter. White Wing Wealth Management grew its stake in Amazon.com by 2.4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock valued at $433,000 after purchasing an additional 47 shares in the last quarter. MBM Wealth Consultants LLC increased its position in shares of Amazon.com by 0.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after purchasing an additional 48 shares during the last quarter. Finally, Semus Wealth Partners LLC raised its stake in shares of Amazon.com by 0.3% during the 3rd quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock worth $3,339,000 after purchasing an additional 49 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Performance

Amazon.com stock opened at $192.72 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The firm has a market capitalization of $2.04 trillion, a P/E ratio of 34.85, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The company’s 50-day moving average is $216.86 and its 200 day moving average is $209.25.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 5,848 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $220.72, for a total value of $1,290,770.56. Following the completion of the sale, the senior vice president now directly owns 69,162 shares in the company, valued at approximately $15,265,436.64. This represents a 7.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 8,833 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. This represents a 6.87 % decrease in their position. 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 over the last quarter. Company insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AMZN. Citigroup restated a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Jefferies Financial Group boosted their price objective on shares of Amazon.com from $235.00 to $275.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Morgan Stanley raised their target price on shares of Amazon.com from $230.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Phillip Securities downgraded Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 10th. Finally, Sanford C. Bernstein upped their price objective on Amazon.com from $235.00 to $265.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Two equities research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $260.65.

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.