Waller Financial Planning Group Inc. Purchases 1,138 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Waller Financial Planning Group Inc. boosted its position in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 13.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,924 shares of the e-commerce giant’s stock after purchasing an additional 1,138 shares during the quarter. Waller Financial Planning Group Inc.’s holdings in Amazon.com were worth $834,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Future Financial Wealth Managment LLC raised its holdings in Amazon.com by 30.4% in the 4th quarter. Future Financial Wealth Managment LLC now owns 4,735 shares of the e-commerce giant’s stock valued at $398,000 after acquiring an additional 1,105 shares in the last quarter. Modus Advisors LLC raised its holdings in Amazon.com by 18.5% in the 4th quarter. Modus Advisors LLC now owns 31,374 shares of the e-commerce giant’s stock valued at $2,635,000 after acquiring an additional 4,891 shares in the last quarter. General Partner Inc. acquired a new position in Amazon.com in the 4th quarter valued at $1,591,000. Rowland & Co. Investment Counsel ADV raised its holdings in Amazon.com by 10.9% in the 4th quarter. Rowland & Co. Investment Counsel ADV now owns 8,570 shares of the e-commerce giant’s stock valued at $735,000 after acquiring an additional 845 shares in the last quarter. Finally, Abner Herrman & Brock LLC raised its holdings in Amazon.com by 10.4% in the 4th quarter. Abner Herrman & Brock LLC now owns 33,803 shares of the e-commerce giant’s stock valued at $2,839,000 after acquiring an additional 3,183 shares in the last quarter. 57.64% of the stock is currently owned by institutional investors.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 3,500 shares of the stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $94.91, for a total transaction of $332,185.00. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $11,368,319.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, VP Shelley Reynolds sold 3,500 shares of the stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $94.91, for a total transaction of $332,185.00. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $11,368,319.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Adam Selipsky sold 5,100 shares of the stock in a transaction that occurred on Thursday, February 2nd. The shares were sold at an average price of $111.43, for a total value of $568,293.00. Following the sale, the chief executive officer now directly owns 124,180 shares of the company’s stock, valued at $13,837,377.40. The disclosure for this sale can be found here. Insiders sold a total of 71,394 shares of company stock valued at $6,994,626 over the last ninety days. 12.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AMZN. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Amazon.com in a report on Friday, February 3rd. Benchmark boosted their price target on Amazon.com from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, February 3rd. Evercore ISI boosted their price target on Amazon.com from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Friday, February 3rd. JMP Securities reissued a “market outperform” rating and set a $140.00 price target on shares of Amazon.com in a report on Thursday. Finally, Roth Capital reissued a “buy” rating on shares of Amazon.com in a report on Friday, February 3rd. Two equities research 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.com, the company currently has an average rating of “Moderate Buy” and an average price target of $144.72.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $98.95 on Friday. The company has a market cap of $1.01 trillion, a PE ratio of -369.20, a price-to-earnings-growth ratio of 3.91 and a beta of 1.25. Amazon.com, Inc. has a 52 week low of $81.43 and a 52 week high of $170.83. The business has a 50 day moving average price of $97.01 and a 200-day moving average price 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 (NASDAQ:AMZN – Get Rating) last issued its quarterly earnings data on Thursday, February 2nd. The e-commerce giant reported $0.03 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.12). The company had revenue of $149.20 billion during the quarter, compared to analysts’ expectations of $145.72 billion. Amazon.com had a positive return on equity of 5.33% and a negative net margin of 0.53%. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the company earned $1.39 earnings per share. Equities analysts anticipate that Amazon.com, Inc. will post 1.34 earnings per share for the current fiscal year.

About Amazon.com

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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.