1,413 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Bought by Paragon Capital Management Ltd

Paragon Capital Management Ltd bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,413 shares of the e-commerce giant’s stock, valued at approximately $215,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Corepath Wealth Partners LLC acquired a new stake in Amazon.com during the fourth quarter worth $205,000. Constitution Capital LLC boosted its stake in Amazon.com by 3.8% during the fourth quarter. Constitution Capital LLC now owns 8,300 shares of the e-commerce giant’s stock worth $1,261,000 after buying an additional 300 shares in the last quarter. Chemistry Wealth Management LLC boosted its stake in Amazon.com by 2.2% during the fourth quarter. Chemistry Wealth Management LLC now owns 42,453 shares of the e-commerce giant’s stock worth $6,450,000 after buying an additional 917 shares in the last quarter. CFM Wealth Partners LLC boosted its stake in Amazon.com by 0.3% during the fourth quarter. CFM Wealth Partners LLC now owns 97,686 shares of the e-commerce giant’s stock worth $14,842,000 after buying an additional 328 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC boosted its stake in Amazon.com by 17.1% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 181,291 shares of the e-commerce giant’s stock worth $27,545,000 after buying an additional 26,466 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on AMZN. Stifel Nicolaus boosted their target price on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Needham & Company LLC upped their price target on shares of Amazon.com from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Bank of America increased their price objective on shares of Amazon.com from $185.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Monness Crespi & Hardt increased their price objective on shares of Amazon.com from $170.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Amazon.com from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $197.95.

Insider Activity at Amazon.com

In related news, Director Jonathan Rubinstein sold 5,556 shares of the firm’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $180.00, for a total value of $1,000,080.00. Following the completion of the transaction, the director now directly owns 109,664 shares of the company’s stock, valued at $19,739,520. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $152.78, for a total value of $76,390.00. Following the completion of the transaction, the chief executive officer now owns 117,560 shares of the company’s stock, valued at $17,960,816.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Jonathan Rubinstein sold 5,556 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $180.00, for a total value of $1,000,080.00. Following the completion of the transaction, the director now directly owns 109,664 shares of the company’s stock, valued at approximately $19,739,520. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,210,510 shares of company stock valued at $5,505,223,106. 12.30% of the stock is owned by corporate insiders.

Amazon.com Stock Performance

Shares of AMZN stock opened at $180.38 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The company has a market capitalization of $1.87 trillion, a P/E ratio of 62.20, a price-to-earnings-growth ratio of 1.55 and a beta of 1.17. The company’s 50 day moving average price is $170.29 and its two-hundred day moving average price is $151.27. Amazon.com, Inc. has a 52 week low of $97.71 and a 52 week high of $181.70.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping the consensus estimate of $0.81 by $0.19. The firm had revenue of $169.96 billion for the quarter, compared to the consensus estimate of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period last year, the company posted $0.21 EPS. On average, analysts expect that Amazon.com, Inc. will post 4.08 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.