DF Dent & Co. Inc. Has $231.99 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

DF Dent & Co. Inc. decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,057,412 shares of the e-commerce giant’s stock after selling 7,161 shares during the quarter. Amazon.com makes up approximately 2.9% of DF Dent & Co. Inc.’s holdings, making the stock its 3rd largest holding. DF Dent & Co. Inc.’s holdings in Amazon.com were worth $231,986,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Grant Private Wealth Management Inc bought a new position in shares of Amazon.com in the fourth quarter worth approximately $4,619,000. Spahn Wealth & Retirement LLC purchased a new position in Amazon.com in the 4th quarter worth approximately $6,107,000. Arete Wealth Advisors LLC raised its holdings in Amazon.com by 34.8% in the 4th quarter. Arete Wealth Advisors LLC now owns 106,072 shares of the e-commerce giant’s stock worth $23,322,000 after acquiring an additional 27,374 shares during the last quarter. Motley Fool Asset Management LLC lifted its position in Amazon.com by 10.2% in the 4th quarter. Motley Fool Asset Management LLC now owns 484,580 shares of the e-commerce giant’s stock valued at $106,312,000 after acquiring an additional 44,911 shares in the last quarter. Finally, World Investment Advisors boosted its stake in Amazon.com by 13.6% during the 4th quarter. World Investment Advisors now owns 243,408 shares of the e-commerce giant’s stock valued at $53,401,000 after purchasing an additional 29,103 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Scotiabank lowered their price target on Amazon.com from $306.00 to $250.00 and set a “sector outperform” rating on the stock in a report on Monday, April 21st. Wedbush restated an “outperform” rating and set a $235.00 target price (up previously from $225.00) on shares of Amazon.com in a research note on Friday. Telsey Advisory Group reiterated an “outperform” rating and issued a $235.00 price target on shares of Amazon.com in a research note on Friday. Citigroup lowered their price objective on shares of Amazon.com from $273.00 to $225.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Finally, Benchmark reaffirmed a “buy” rating and issued a $260.00 target price on shares of Amazon.com in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $243.55.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the completion of the sale, the chief executive officer now directly owns 509,474 shares in the company, valued at $95,776,017.26. This trade represents a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Zapolsky sold 19,212 shares of Amazon.com stock in a transaction on Monday, February 24th. The stock was sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the transaction, the senior vice president now directly owns 49,950 shares of the company’s stock, valued at $10,864,125. The trade was a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 104,798 shares of company stock worth $23,341,803. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $189.98 on Friday. 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 company has a market cap of $2.02 trillion, a price-to-earnings ratio of 34.35, a PEG ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The stock’s 50 day simple moving average is $190.48 and its two-hundred day simple moving average is $207.77.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The business had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. During the same quarter last year, the business earned $0.98 earnings per share. Amazon.com’s quarterly revenue was up 8.6% compared to the same quarter last year. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share 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.