Country Club Bank Raises Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Country Club Bank raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the fourth quarter, Holdings Channel reports. The firm owned 126,941 shares of the e-commerce giant’s stock after buying an additional 143 shares during the period. Amazon.com comprises 1.9% of Country Club Bank’s holdings, making the stock its 10th biggest holding. Country Club Bank’s holdings in Amazon.com were worth $28,092,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in AMZN. Accordant Advisory Group Inc lifted its holdings in Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after buying an additional 100 shares in the last quarter. Icon Wealth Advisors LLC raised its position in shares of Amazon.com by 20.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after acquiring an additional 25,581 shares during the last quarter. Hoese & Co LLP bought a new stake in shares of Amazon.com in the third quarter worth about $37,000. Bull Oak Capital LLC acquired a new stake in Amazon.com during the 3rd quarter worth approximately $45,000. Finally, Values First Advisors Inc. acquired a new position in shares of Amazon.com in the third quarter valued at approximately $56,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In related news, SVP David Zapolsky sold 5,848 shares of the 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 transaction, the senior vice president now directly owns 69,162 shares in the company, valued at $15,265,436.64. This trade represents a 7.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 trade represents a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 110,149 shares of company stock valued at $24,606,905. 10.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on AMZN shares. UBS Group upped their price target on shares of Amazon.com from $230.00 to $264.00 and gave the company a “buy” rating in a report on Monday, December 16th. Stifel Nicolaus increased their target price on shares of Amazon.com from $245.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Benchmark increased their target price on shares of Amazon.com from $215.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Rosenblatt Securities boosted their target price on shares of Amazon.com from $236.00 to $287.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, Tigress Financial upped their price objective on shares of Amazon.com from $245.00 to $290.00 and gave the company a “buy” rating in a report on Friday, December 20th. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $260.65.

Amazon.com Stock Up 1.7 %

Shares of NASDAQ AMZN opened at $212.32 on Friday. The company has a 50 day simple moving average of $226.44 and a 200 day simple moving average of $205.61. The firm has a market cap of $2.25 trillion, a PE ratio of 38.39, a price-to-earnings-growth ratio of 1.50 and a beta of 1.15. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN) last released its earnings results 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 EPS for the current year.

Amazon.com 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.