Wiser Wealth Management Inc Grows Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Wiser Wealth Management Inc raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 20.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,724 shares of the e-commerce giant’s stock after purchasing an additional 624 shares during the period. Amazon.com makes up approximately 0.2% of Wiser Wealth Management Inc’s investment portfolio, making the stock its 26th biggest position. Wiser Wealth Management Inc’s holdings in Amazon.com were worth $817,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Apella Capital LLC boosted its stake in Amazon.com by 5.1% during the 4th quarter. Apella Capital LLC now owns 27,066 shares of the e-commerce giant’s stock valued at $5,938,000 after acquiring an additional 1,321 shares during the last quarter. Brendel Financial Advisors LLC raised its stake in shares of Amazon.com by 2.4% in the 4th quarter. Brendel Financial Advisors LLC now owns 13,455 shares of the e-commerce giant’s stock valued at $2,952,000 after purchasing an additional 312 shares in the last quarter. Founders Grove Wealth Partners LLC bought a new position in shares of Amazon.com during the fourth quarter worth about $943,000. Cox Capital Mgt LLC grew its stake in Amazon.com by 0.4% in the fourth quarter. Cox Capital Mgt LLC now owns 32,325 shares of the e-commerce giant’s stock worth $7,092,000 after purchasing an additional 132 shares in the last quarter. Finally, Richard P Slaughter Associates Inc increased its holdings in Amazon.com by 13.0% in the fourth quarter. Richard P Slaughter Associates Inc now owns 2,117 shares of the e-commerce giant’s stock valued at $464,000 after buying an additional 244 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In related news, CEO Matthew S. Garman sold 15,260 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $200.19, for a total value of $3,054,899.40. Following the completion of the transaction, the chief executive officer now directly owns 349,261 shares in the company, valued at approximately $69,918,559.59. This represents a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jonathan Rubinstein sold 5,004 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $199.85, for a total value of $1,000,049.40. Following the transaction, the director now owns 99,396 shares of the company’s stock, valued at $19,864,290.60. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,032,344 shares of company stock valued at $1,253,456,822 in the last quarter. Company insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $235.50 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The firm’s 50-day moving average price is $220.27 and its two-hundred day moving average price is $197.44. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $236.40. The stock has a market capitalization of $2.48 trillion, a P/E ratio of 50.43, a P/E/G ratio of 1.31 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating the consensus estimate of $1.14 by $0.29. The firm had revenue of $158.88 billion for the quarter, compared to analysts’ expectations of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. Amazon.com’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the company earned $0.85 EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 5.39 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Raymond James increased their target price on shares of Amazon.com from $230.00 to $260.00 and gave the stock a “strong-buy” rating in a report on Tuesday, January 21st. Roth Mkm raised their target price on shares of Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, December 9th. The Goldman Sachs Group lifted their target price on Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, November 1st. UBS Group increased their price target on Amazon.com from $230.00 to $264.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, Evercore ISI boosted their price objective on Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $249.46.

About Amazon.com

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.