Fidelis Capital Partners LLC Has $11.25 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Fidelis Capital Partners LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 29.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,043 shares of the e-commerce giant’s stock after purchasing an additional 16,717 shares during the period. Amazon.com makes up about 2.5% of Fidelis Capital Partners LLC’s holdings, making the stock its 5th biggest position. Fidelis Capital Partners LLC’s holdings in Amazon.com were worth $11,250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. ACT Advisors LLC. purchased a new position in shares of Amazon.com during the third quarter valued at $260,000. Zullo Investment Group Inc. raised its holdings in shares of Amazon.com by 2.6% during the third quarter. Zullo Investment Group Inc. now owns 44,765 shares of the e-commerce giant’s stock worth $5,691,000 after acquiring an additional 1,148 shares in the last quarter. Cardinal Point Capital Management ULC purchased a new stake in shares of Amazon.com during the 3rd quarter worth about $208,000. MCF Advisors LLC lifted its holdings in shares of Amazon.com by 1.8% during the 3rd quarter. MCF Advisors LLC now owns 23,522 shares of the e-commerce giant’s stock valued at $2,990,000 after buying an additional 411 shares during the last quarter. Finally, Solidarity Wealth LLC grew its stake in shares of Amazon.com by 26.5% in the 3rd quarter. Solidarity Wealth LLC now owns 126,848 shares of the e-commerce giant’s stock valued at $16,125,000 after buying an additional 26,556 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of AMZN stock opened at $188.00 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. The stock’s fifty day simple moving average is $179.60 and its 200 day simple moving average is $161.63. Amazon.com, Inc. has a one year low of $105.16 and a one year high of $189.94. The firm has a market cap of $1.96 trillion, a price-to-earnings ratio of 52.66, a P/E/G ratio of 1.35 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, beating the consensus estimate of $0.83 by $0.15. The company had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The firm’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.31 EPS. On average, analysts expect that Amazon.com, Inc. will post 4.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on AMZN shares. Raymond James lifted their target price on shares of Amazon.com from $200.00 to $205.00 and gave the company a “strong-buy” rating in a research note on Wednesday, May 1st. Truist Financial upped their price objective on shares of Amazon.com from $216.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. UBS Group raised their target price on Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Argus increased their price objective on Amazon.com from $185.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Finally, Wells Fargo & Company upped their target price on Amazon.com from $217.00 to $234.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $211.62.

Insiders Place Their Bets

In other news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $180.00, for a total value of $90,000.00. Following the transaction, the chief executive officer now directly owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Amazon.com news, CEO Douglas J. Herrington sold 14,300 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $175.00, for a total value of $2,502,500.00. Following the completion of the sale, the chief executive officer now owns 499,831 shares in the company, valued at approximately $87,470,425. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $180.00, for a total transaction of $90,000.00. Following the transaction, the chief executive officer now owns 132,600 shares in the company, valued at $23,868,000. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 26,198,961 shares of company stock valued at $4,482,430,577. 10.80% of the stock is currently owned by insiders.

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.