David J Yvars Group Raises Stake in Amazon.com, Inc. (NASDAQ:AMZN)

David J Yvars Group raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 261.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,540 shares of the e-commerce giant’s stock after buying an additional 26,440 shares during the quarter. Amazon.com comprises about 4.6% of David J Yvars Group’s holdings, making the stock its 8th largest position. David J Yvars Group’s holdings in Amazon.com were worth $4,129,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in AMZN. Kavar Capital Partners Group LLC raised its stake in shares of Amazon.com by 7.6% during the 1st quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock valued at $3,654,000 after purchasing an additional 79 shares during the period. IFM Investors Pty Ltd grew its position in Amazon.com by 21.8% during the first quarter. IFM Investors Pty Ltd now owns 72,911 shares of the e-commerce giant’s stock worth $237,686,000 after buying an additional 13,060 shares in the last quarter. Ironwood Wealth Management LLC. grew its position in Amazon.com by 0.8% during the first quarter. Ironwood Wealth Management LLC. now owns 1,810 shares of the e-commerce giant’s stock worth $5,901,000 after buying an additional 15 shares in the last quarter. Markel Corp grew its position in Amazon.com by 0.6% during the first quarter. Markel Corp now owns 99,068 shares of the e-commerce giant’s stock worth $322,956,000 after buying an additional 550 shares in the last quarter. Finally, Leelyn Smith LLC grew its position in Amazon.com by 24.8% during the first quarter. Leelyn Smith LLC now owns 2,721 shares of the e-commerce giant’s stock worth $8,870,000 after buying an additional 540 shares in the last quarter. 57.64% of the stock is currently owned by institutional investors.

Amazon.com Stock Up 3.8 %

Shares of NASDAQ:AMZN opened at $97.25 on Friday. Amazon.com, Inc. has a 52-week low of $81.43 and a 52-week high of $170.83. The firm has a market capitalization of $992.11 billion, a P/E ratio of 89.26, a P/E/G ratio of 3.09 and a beta of 1.22. The stock has a 50 day moving average price of $90.72 and a 200-day moving average price of $110.28. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.68 and a current ratio of 0.94.

Amazon.com (NASDAQ:AMZNGet Rating) last announced its earnings results on Thursday, October 27th. The e-commerce giant reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). Amazon.com had a return on equity of 14.44% and a net margin of 2.25%. The firm had revenue of $127.10 billion during the quarter, compared to the consensus estimate of $127.47 billion. During the same period in the prior year, the company posted $0.31 EPS. The firm’s revenue was up 14.7% on a year-over-year basis. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 0.68 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, VP Shelley Reynolds sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $94.00, for a total transaction of $329,000.00. Following the completion of the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $11,259,320. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Amazon.com news, SVP David Zapolsky sold 8,380 shares of the stock in a transaction on Monday, November 21st. The stock was sold at an average price of $94.00, for a total transaction of $787,720.00. Following the sale, the senior vice president now directly owns 76,980 shares in the company, valued at approximately $7,236,120. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 3,500 shares of the stock in a transaction on Monday, November 21st. The shares were sold at an average price of $94.00, for a total value of $329,000.00. Following the sale, the vice president now owns 119,780 shares in the company, valued at $11,259,320. The disclosure for this sale can be found here. Insiders sold a total of 52,428 shares of company stock valued at $5,077,578 in the last 90 days. Corporate insiders own 12.70% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several recent analyst reports. Atlantic Securities reduced their target price on Amazon.com from $160.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday, October 28th. MKM Partners reduced their target price on Amazon.com from $145.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday. The Goldman Sachs Group reduced their target price on Amazon.com from $165.00 to $145.00 and set a “buy” rating for the company in a research report on Friday, January 13th. Royal Bank of Canada cut their price objective on Amazon.com from $175.00 to $135.00 and set an “outperform” rating for the company in a report on Friday, October 28th. Finally, New Street Research started coverage on Amazon.com in a report on Wednesday, January 4th. They issued a “buy” rating and a $130.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and forty-two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $145.87.

Amazon.com Company Profile

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North American-focused websites such as www.amazon.com and www.amazon.ca.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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