Amazon.com, Inc. Item (NASDAQ:AMZN) increased by St. Johns Investment Management Company LLC

According to the latest disclosure to the Securities and Exchange Commission (SEC), St. Johns Investment Management Company LLC increased its stake in Amazon.com, Inc. shares. (NASDAQ:AMZN) up 4.5% in the fourth quarter. The fund owned 23,369 shares of the e-commerce giant after purchasing an additional 1,012 shares during the period. Amazon.com comprises approximately 1.8% of the St. Johns Investment Management Company LLC, making it the 14th largest holding company. According to its most recent filing with the SEC, shares of St. Johns Investment Management Company LLC at Amazon.com were worth $3,551,000.

Other institutional investors have also recently increased or decreased their stakes in the company. Members Trust Co increased its holdings in shares of Amazon.com by 8.9% during the fourth quarter. Members Trust Co, after acquiring an additional 341 shares during the period, now owns 4,157 shares of the e-commerce giant’s stock worth $638,000. Cherrydale Wealth Management LLC increased its position in shares of Amazon.com by 14.7% during the fourth quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant’s stock valued at $799,000 after acquiring an additional 675 shares during the period. Tompkins Financial Corp increased its position in shares of Amazon.com by 3.3% during the fourth quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant’s stock valued at $10,875,000 after acquiring an additional 2,273 shares during the period. In the third quarter, Nicholas Company Inc. increased its stake in Amazon.com shares by 3.9%. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant’s stock valued at $89,628,000 after acquiring an additional 26,465 shares during the period. Finally, Nordea Investment Management AB increased its stake in shares of Amazon.com by 5.4% in the fourth quarter. Nordea Investment Management AB now owns 5,397,520 shares of the e-commerce giant’s stock worth $825,065,000 after acquiring an additional 277,631 shares during the period. Institutional investors hold 72.20% of the company’s shares.

Amazon.com shares fell 1.6%

Amazon.com stock opened Friday at $176.44. The market capitalization of the company’s stock is $1.84 trillion, the P/E ratio is 49.42, the PEG ratio is 1.30 and the beta is 1.15. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average price of $182.34 and a two-hundred-day moving average price of $167.37. Amazon.com, Inc. it has a 12 month low of $118.35 and a 12 month high of $191.70.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Tuesday, April 30. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, which topped analyst consensus estimates of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company had revenue of $143.31 billion for the quarter, compared to analyst expectations of $142.65 billion. During the same quarter last year, the company earned $0.31 per share. The company’s revenues increased by 12.5% year-on-year. Stock analysts expect Amazon.com, Inc. will see 4.72 earnings per share for the current year.

A Wall Street analyst weighs in

AMZN has been the subject of several analyst reports. Royal Bank of Canada increased their target price on shares of Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. DA Davidson affirmed a “buy” rating and set a $235.00 price target on shares of Amazon.com in a report on Thursday, April 18th. Moffett Nathanson affirmed a “buy” rating and set a $228.00 price target on shares of Amazon.com in a report on Thursday, April 11. Citigroup increased their target price on shares of Amazon.com from $235.00 to $245.00 and gave the stock a “buy” in a report on Wednesday, May 1. Finally, Canaccord Genuity Group raised their target price on shares of Amazon.com from $185.00 to $200.00 and gave the stock a “buy” in a report on Friday, February 2. One analyst rated the company’s shares with a hold recommendation, forty-four gave a buy recommendation, and one gave a strong buy recommendation. Based on data from MarketBeat, Amazon.com currently has an average rating of “Buy” and a consensus price target of $212.40.

See our latest analysis on Amazon.com

Confidential activity

In other news, CEO Andrew R. Jassy sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $180.00, for a total value of $9,000,000.00. Following the completion of the sale, the CEO now directly owns 1,994,182 shares of the company’s stock valued at $358,952,760. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the completion of the sale, the CEO now directly owns 132,600 shares of the company’s stock valued at $23,868,000. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which can be accessed through this hyperlink. Additionally, CEO Andrew R. Jassy sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $180.00, for a total value of $9,000,000.00. Following the completion of the sale, the CEO now directly owns 1,994,182 shares of the company’s stock valued at $358,952,760. The announcement of this sale can be found here. Over the last three months, insiders sold 117,894 shares of company stock worth $21,363,909. 10.80% of the shares are owned by company insiders.

Amazon.com profile

(free report)

Amazon.com, Inc. retails consumer products, advertising and subscription services through online and physical stores in North America and abroad. The company operates in three segments: North America, International and Amazon Web Services (AWS). It also manufactures and sells electronic devices including Kindle, Fire tablets, Fire TV, Echo, Ring, Blink and eero; and develops and produces media content.

Amazon.com shares fell 1.6%

A Wall Street analyst weighs in

Confidential activity

Amazon.com profile

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