Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Boosted by Apeiron RIA LLC

Apeiron RIA LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 12.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,160 shares of the e-commerce giant’s stock after buying an additional 927 shares during the period. Apeiron RIA LLC’s holdings in Amazon.com were worth $1,240,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Vanguard Group Inc. lifted its holdings in Amazon.com by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock valued at $96,350,832,000 after acquiring an additional 32,038,029 shares during the last quarter. State Street Corp lifted its holdings in Amazon.com by 1.2% in the 2nd quarter. State Street Corp now owns 335,869,897 shares of the e-commerce giant’s stock valued at $43,784,000,000 after acquiring an additional 3,970,330 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Amazon.com by 1,838.8% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock valued at $33,134,481,000 after acquiring an additional 295,880,050 shares during the last quarter. FMR LLC lifted its stake in Amazon.com by 7.7% during the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after buying an additional 21,649,871 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Amazon.com by 2.9% during the second quarter. Geode Capital Management LLC now owns 170,151,722 shares of the e-commerce giant’s stock valued at $22,116,108,000 after buying an additional 4,842,542 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on AMZN. Evercore ISI upped their price objective on shares of Amazon.com from $195.00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Wells Fargo & Company increased their price target on shares of Amazon.com from $197.00 to $211.00 and gave the stock an “overweight” rating in a research report on Friday, February 2nd. Benchmark increased their price target on shares of Amazon.com from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Monness Crespi & Hardt increased their price target on shares of Amazon.com from $170.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Finally, Mizuho increased their price target on shares of Amazon.com from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $197.95.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $145.63, for a total transaction of $72,815.00. Following the transaction, the chief executive officer now owns 118,560 shares in the company, valued at approximately $17,265,892.80. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Amazon.com news, insider Jeffrey P. Bezos sold 5,998,849 shares of the business’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total transaction of $1,020,764,145.84. Following the completion of the sale, the insider now directly owns 982,252,968 shares of the company’s stock, valued at approximately $167,140,165,034.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $145.63, for a total value of $72,815.00. Following the sale, the chief executive officer now directly owns 118,560 shares of the company’s stock, valued at $17,265,892.80. The disclosure for this sale can be found here. Insiders have sold a total of 32,210,510 shares of company stock worth $5,505,223,106 in the last 90 days. Corporate insiders own 12.30% of the company’s stock.

Amazon.com Stock Up 0.3 %

Shares of AMZN stock opened at $180.38 on Friday. The stock has a market cap 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. Amazon.com, Inc. has a one year low of $97.71 and a one year high of $181.70. The stock has a fifty day moving average price of $170.29 and a 200 day moving average price of $151.27. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. The company had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the business earned $0.21 earnings per share. Analysts predict that Amazon.com, Inc. will post 4.08 earnings per share 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.