Dixon Hubard Feinour & Brown Inc. VA increased its stake in shares of Amazon.com (NASDAQ:AMZN) by 25.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 483 shares of the e-commerce giant’s stock after purchasing an additional 97 shares during the period. Dixon Hubard Feinour & Brown Inc. VA’s holdings in Amazon.com were worth $565,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in AMZN. Taylor Hoffman Wealth Management acquired a new stake in shares of Amazon.com during the fourth quarter worth $108,000. Portfolio Solutions LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth $119,000. Santori & Peters Inc. acquired a new stake in shares of Amazon.com during the fourth quarter worth $121,000. Endurance Wealth Management Inc. grew its stake in shares of Amazon.com by 90.9% during the fourth quarter. Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant’s stock worth $123,000 after purchasing an additional 50 shares during the period. Finally, Oak Point Wealth Management acquired a new stake in shares of Amazon.com during the fourth quarter worth $125,000. 56.76% of the stock is owned by institutional investors and hedge funds.
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A number of equities research analysts recently commented on the company. BidaskClub raised Amazon.com from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Canaccord Genuity reaffirmed a “buy” rating and set a $1,800.00 price objective (up from $1,650.00) on shares of Amazon.com in a research note on Friday, April 27th. Morningstar reissued a “neutral” rating on shares of Amazon.com in a research note on Wednesday, May 2nd. JMP Securities reissued a “market outperform” rating and issued a $1,840.00 target price on shares of Amazon.com in a research note on Friday, April 27th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $1,950.00 target price (up from $1,800.00) on shares of Amazon.com in a research note on Friday, April 27th. Two investment analysts have rated the stock with a hold rating, fifty-one have issued a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $1,715.55.
NASDAQ:AMZN opened at $1,715.97 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.77 and a current ratio of 1.06. The company has a market capitalization of $836.46 billion, a price-to-earnings ratio of 377.14, a price-to-earnings-growth ratio of 4.48 and a beta of 1.59. Amazon.com has a 12-month low of $931.75 and a 12-month high of $1,724.80.
Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, April 26th. The e-commerce giant reported $3.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $1.47. The firm had revenue of $51.04 billion for the quarter, compared to analyst estimates of $49.94 billion. Amazon.com had a return on equity of 11.77% and a net margin of 2.04%. The business’s revenue for the quarter was up 42.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.48 earnings per share. equities research analysts predict that Amazon.com will post 12.73 EPS for the current fiscal year.
In other news, SVP Jeffrey M. Blackburn sold 2,054 shares of the stock in a transaction that occurred on Tuesday, May 15th. The stock was sold at an average price of $1,574.11, for a total transaction of $3,233,221.94. Following the transaction, the senior vice president now owns 44,541 shares in the company, valued at $70,112,433.51. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Brian T. Olsavsky sold 2,028 shares of the stock in a transaction that occurred on Tuesday, May 15th. The stock was sold at an average price of $1,587.50, for a total value of $3,219,450.00. Following the transaction, the chief financial officer now owns 1,781 shares in the company, valued at approximately $2,827,337.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,993 shares of company stock worth $17,357,939. 16.30% of the stock is owned by corporate insiders.
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.
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