Waller Financial Planning Group Inc. Grows Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Waller Financial Planning Group Inc. increased its stake in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 13.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,924 shares of the e-commerce giant’s stock after acquiring an additional 1,138 shares during the period. Waller Financial Planning Group Inc.’s holdings in Amazon.com were worth $834,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. Iron Horse Wealth Management LLC lifted its stake in Amazon.com by 4,540.0% in the second quarter. Iron Horse Wealth Management LLC now owns 232 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 227 shares during the last quarter. Wells Financial Advisors INC raised its stake in shares of Amazon.com by 1,900.0% during the second quarter. Wells Financial Advisors INC now owns 280 shares of the e-commerce giant’s stock valued at $30,000 after acquiring an additional 266 shares in the last quarter. Knott David M Jr bought a new position in Amazon.com in the second quarter worth approximately $32,000. Laurel Wealth Planning LLC raised its stake in Amazon.com by 1,900.0% in the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock worth $34,000 after buying an additional 304 shares in the last quarter. Finally, Baron Financial Group LLC raised its stake in Amazon.com by 1,900.0% in the second quarter. Baron Financial Group LLC now owns 360 shares of the e-commerce giant’s stock worth $38,000 after buying an additional 342 shares in the last quarter. Hedge funds and other institutional investors own 57.64% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Adam Selipsky sold 5,100 shares of the company’s stock in a transaction dated Thursday, February 2nd. The shares were sold at an average price of $111.43, for a total transaction of $568,293.00. Following the completion of the transaction, the chief executive officer now owns 124,180 shares in the company, valued at $13,837,377.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Andrew R. Jassy sold 23,874 shares of the stock in a transaction dated Wednesday, February 15th. The shares were sold at an average price of $99.15, for a total value of $2,367,107.10. Following the completion of the transaction, the chief executive officer now owns 1,964,506 shares in the company, valued at approximately $194,780,769.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Adam Selipsky sold 5,100 shares of the firm’s stock in a transaction dated Thursday, February 2nd. The shares were sold at an average price of $111.43, for a total transaction of $568,293.00. Following the transaction, the chief executive officer now owns 124,180 shares of the company’s stock, valued at approximately $13,837,377.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 71,394 shares of company stock valued at $6,994,626. Company insiders own 12.70% of the company’s stock.

Amazon.com Price Performance

AMZN opened at $98.95 on Friday. The company has a market cap of $1.01 trillion, a P/E ratio of -369.20, a P/E/G ratio of 3.91 and a beta of 1.25. The company has a 50 day moving average of $97.01 and a two-hundred day moving average of $101.72. The company has a quick ratio of 0.72, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. Amazon.com, Inc. has a 52-week low of $81.43 and a 52-week high of $170.83.

Amazon.com (NASDAQ:AMZN – Get Rating) last announced its earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.12). The firm had revenue of $149.20 billion during the quarter, compared to analysts’ expectations of $145.72 billion. Amazon.com had a negative net margin of 0.53% and a positive return on equity of 5.33%. Amazon.com’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.39 earnings per share. On average, analysts expect that Amazon.com, Inc. will post 1.34 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Wedbush cut their price target on shares of Amazon.com from $140.00 to $125.00 and set an “outperform” rating on the stock in a report on Friday, February 3rd. Telsey Advisory Group cut their price target on shares of Amazon.com from $140.00 to $125.00 and set an “outperform” rating on the stock in a report on Tuesday, January 24th. Roth Capital reissued a “buy” rating on shares of Amazon.com in a report on Friday, February 3rd. Cowen boosted their price objective on shares of Amazon.com from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Thursday, December 1st. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $140.00 price target on shares of Amazon.com in a report on Thursday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and forty-one have issued a buy rating to the company’s stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $144.72.

Amazon.com Profile

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.