Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Gibson Wealth Advisors LLC

Gibson Wealth Advisors LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 27,433.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,600 shares of the e-commerce giant’s stock after acquiring an additional 82,300 shares during the period. Gibson Wealth Advisors LLC’s holdings in Amazon.com were worth $8,122,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kavar Capital Partners Group LLC raised its position in Amazon.com by 7.6% during the first quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock valued at $3,654,000 after acquiring an additional 79 shares in the last quarter. IFM Investors Pty Ltd increased its holdings in shares of Amazon.com by 21.8% during the 1st quarter. IFM Investors Pty Ltd now owns 72,911 shares of the e-commerce giant’s stock valued at $237,686,000 after purchasing an additional 13,060 shares in the last quarter. Ironwood Wealth Management LLC. lifted its stake in shares of Amazon.com by 0.8% in the 1st quarter. Ironwood Wealth Management LLC. now owns 1,810 shares of the e-commerce giant’s stock valued at $5,901,000 after purchasing an additional 15 shares during the period. Markel Corp boosted its holdings 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 valued at $8,870,000 after buying an additional 540 shares during the period. Institutional investors and hedge funds own 57.64% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of analyst reports. Telsey Advisory Group reiterated an “outperform” rating and issued a $125.00 price objective on shares of Amazon.com in a research report on Thursday, April 20th. Morgan Stanley raised their price objective on Amazon.com from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Friday, February 3rd. Deutsche Bank Aktiengesellschaft reduced their target price on Amazon.com from $130.00 to $125.00 and set a “buy” rating for the company in a research note on Tuesday, April 18th. StockNews.com started coverage on shares of Amazon.com in a research note on Thursday. They issued a “hold” rating on the stock. Finally, Oppenheimer reduced their price objective on shares of Amazon.com from $135.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday, April 6th. Three research analysts have rated the stock with a hold rating and forty-one have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $143.12.

Insider Transactions at Amazon.com

In related news, CFO Brian T. Olsavsky sold 16,760 shares of Amazon.com stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $95.25, for a total value of $1,596,390.00. Following the completion of the transaction, the chief financial officer now directly owns 49,000 shares in the company, valued at $4,667,250. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO Adam Selipsky sold 10,760 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $110.33, for a total value of $1,187,150.80. Following the sale, the chief executive officer now owns 150,120 shares of the company’s stock, valued at $16,562,739.60. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 16,760 shares of the business’s stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $95.25, for a total transaction of $1,596,390.00. Following the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at approximately $4,667,250. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 61,019 shares of company stock valued at $6,053,511. 12.30% of the stock is currently owned by company insiders.

Amazon.com Stock Performance

NASDAQ AMZN opened at $116.25 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.92 and a quick ratio of 0.69. The company has a market cap of $1.19 trillion, a P/E ratio of 276.79, a P/E/G ratio of 4.11 and a beta of 1.26. The stock has a 50-day moving average of $103.63 and a two-hundred day moving average of $97.03. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $146.57.

Amazon.com (NASDAQ:AMZN – Get Rating) last announced its quarterly earnings data on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. The firm had revenue of $127.36 billion during the quarter, compared to analysts’ expectations of $124.57 billion. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.21 earnings per share. As a group, analysts anticipate that Amazon.com, Inc. will post 1.57 EPS for the current year.

About Amazon.com

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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 segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.