Bridgeworth LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 844 shares of the e-commerce giant’s stock after purchasing an additional 65 shares during the period. Amazon.com accounts for approximately 0.6% of Bridgeworth LLC’s holdings, making the stock its 27th biggest holding. Bridgeworth LLC’s holdings in Amazon.com were worth $1,112,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. HC Financial Advisors Inc. lifted its holdings in Amazon.com by 22.6% during the third quarter. HC Financial Advisors Inc. now owns 315 shares of the e-commerce giant’s stock worth $631,000 after buying an additional 58 shares during the period. Terra Nova Asset Management LLC lifted its holdings in Amazon.com by 4.8% during the third quarter. Terra Nova Asset Management LLC now owns 2,754 shares of the e-commerce giant’s stock worth $5,516,000 after buying an additional 126 shares during the period. Investment Partners LTD. lifted its holdings in Amazon.com by 47.1% during the third quarter. Investment Partners LTD. now owns 400 shares of the e-commerce giant’s stock worth $2,003,000 after buying an additional 128 shares during the period. GWM Advisors LLC lifted its holdings in Amazon.com by 24.9% during the third quarter. GWM Advisors LLC now owns 5,579 shares of the e-commerce giant’s stock worth $11,175,000 after buying an additional 1,112 shares during the period. Finally, Capital Advantage Inc. lifted its holdings in Amazon.com by 13.6% during the third quarter. Capital Advantage Inc. now owns 761 shares of the e-commerce giant’s stock worth $1,524,000 after buying an additional 91 shares during the period. Institutional investors own 55.49% of the company’s stock.

A number of analysts have weighed in on the company. Loop Capital restated a “buy” rating and set a $2,380.00 target price (up previously from $2,200.00) on shares of Amazon.com in a report on Monday. BidaskClub upgraded Amazon.com from a “hold” rating to a “buy” rating in a report on Thursday, May 30th. Pivotal Research began coverage on Amazon.com in a report on Wednesday, May 29th. They set a “buy” rating for the company. Cowen reiterated an “outperform” rating and set a $2,500.00 price objective (up previously from $2,400.00) on shares of Amazon.com in a report on Tuesday, May 28th. Finally, Zacks Investment Research lowered Amazon.com from a “buy” rating to a “hold” rating in a report on Monday, April 29th. Four analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $2,196.39.

NASDAQ AMZN opened at $1,692.69 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.83 and a current ratio of 1.09. Amazon.com, Inc. has a 1 year low of $1,307.00 and a 1 year high of $2,050.50. The firm has a market capitalization of $873.92 billion, a P/E ratio of 74.12, a PEG ratio of 2.02 and a beta of 1.62.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, April 25th. The e-commerce giant reported $7.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.61 by $2.48. Amazon.com had a return on equity of 28.91% and a net margin of 4.97%. The firm had revenue of $59.70 billion for the quarter, compared to the consensus estimate of $59.73 billion. During the same period in the prior year, the firm earned $3.27 EPS. The firm’s revenue was up 17.0% on a year-over-year basis. On average, analysts expect that Amazon.com, Inc. will post 26.55 earnings per share for the current fiscal year.

In related news, CFO Brian T. Olsavsky sold 1,763 shares of the company’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $1,828.48, for a total value of $3,223,610.24. Following the transaction, the chief financial officer now directly owns 2,479 shares of the company’s stock, valued at approximately $4,532,801.92. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,500 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $1,934.42, for a total value of $4,836,050.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at $19,344,200. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,932 shares of company stock worth $24,196,737. 16.10% of the stock is owned by insiders.

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About Amazon.com

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 third-party sellers through physical stores and online stores.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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