Childress Capital Advisors LLC Grows Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Childress Capital Advisors LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 31,393 shares of the e-commerce giant’s stock after buying an additional 332 shares during the quarter. Amazon.com comprises approximately 1.9% of Childress Capital Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Childress Capital Advisors LLC’s holdings in Amazon.com were worth $6,887,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. MBM Wealth Consultants LLC increased its holdings in Amazon.com by 0.6% in the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after acquiring an additional 48 shares in the last quarter. Semus Wealth Partners LLC boosted its stake in Amazon.com by 0.3% during the third quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock worth $3,339,000 after buying an additional 49 shares during the last quarter. Bell Investment Advisors Inc grew its holdings in Amazon.com by 1.5% in the 3rd quarter. Bell Investment Advisors Inc now owns 3,359 shares of the e-commerce giant’s stock valued at $626,000 after buying an additional 51 shares in the last quarter. Eaton Cambridge Inc. increased its stake in shares of Amazon.com by 1.1% in the 4th quarter. Eaton Cambridge Inc. now owns 4,533 shares of the e-commerce giant’s stock worth $994,000 after acquiring an additional 51 shares during the last quarter. Finally, Proathlete Wealth Management LLC raised its holdings in shares of Amazon.com by 0.4% during the 4th quarter. Proathlete Wealth Management LLC now owns 12,853 shares of the e-commerce giant’s stock worth $2,820,000 after acquiring an additional 51 shares during the period. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on AMZN shares. Canaccord Genuity Group restated a “buy” rating on shares of Amazon.com in a research report on Thursday, February 13th. HSBC raised their price target on shares of Amazon.com from $225.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Tigress Financial upped their price objective on Amazon.com from $245.00 to $290.00 and gave the company a “buy” rating in a report on Friday, December 20th. BMO Capital Markets reissued an “outperform” rating and set a $236.00 target price on shares of Amazon.com in a research note on Tuesday, December 3rd. Finally, Oppenheimer lifted their target price on Amazon.com from $230.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $260.65.

Insider Activity at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of Amazon.com 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 directly owns 119,780 shares in the company, valued at approximately $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $210.00, for a total transaction of $735,000.00. Following the sale, the chief executive officer now owns 524,567 shares of the company’s stock, valued at $110,159,070. This trade represents a 0.66 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,149 shares of company stock worth $24,606,905 in the last 90 days. 10.80% of the stock is owned by insiders.

Amazon.com Stock Up 0.7 %

Amazon.com stock opened at $214.35 on Thursday. The company has a market capitalization of $2.27 trillion, a P/E ratio of 38.76, a PEG ratio of 1.50 and a beta of 1.15. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The stock has a 50-day simple moving average of $226.99 and a 200-day simple moving average of $205.27.

Amazon.com (NASDAQ:AMZN) last issued 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 return on equity of 24.25% and a net margin of 9.29%. Equities research analysts expect 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.