M Holdings Securities Inc. Has $13.01 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

M Holdings Securities Inc. decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,314 shares of the e-commerce giant's stock after selling 1,883 shares during the period. Amazon.com makes up 2.0% of M Holdings Securities Inc.'s portfolio, making the stock its 12th biggest holding. M Holdings Securities Inc.'s holdings in Amazon.com were worth $13,013,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AMZN. Vanguard Group Inc. boosted its stake in Amazon.com by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after buying an additional 17,635,391 shares in the last quarter. State Street Corp grew its stake in shares of Amazon.com by 3.3% in the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock valued at $66,926,008,000 after acquiring an additional 11,370,309 shares in the last quarter. FMR LLC lifted its position in Amazon.com by 0.5% during the fourth quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after purchasing an additional 1,725,664 shares during the period. Geode Capital Management LLC increased its stake in shares of Amazon.com by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock valued at $44,837,256,000 after buying an additional 5,015,380 shares during the period. Finally, Norges Bank bought a new position in shares of Amazon.com in the 4th quarter worth $27,266,582,000. Institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

AMZN has been the subject of a number of recent analyst reports. Cantor Fitzgerald lifted their target price on Amazon.com from $230.00 to $240.00 and gave the company an "overweight" rating in a report on Friday, May 2nd. Wedbush reiterated an "outperform" rating and issued a $235.00 target price (up previously from $225.00) on shares of Amazon.com in a report on Friday, May 2nd. Canaccord Genuity Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Thursday, February 13th. Mizuho decreased their price target on Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 9th. Finally, Citigroup restated an "outperform" rating on shares of Amazon.com in a research report on Friday, May 2nd. Four research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $244.09.

Amazon.com Price Performance

AMZN stock traded up $2.73 during trading on Tuesday, hitting $211.37. 55,966,898 shares of the company's stock traded hands, compared to its average volume of 41,981,128. The stock has a market capitalization of $2.24 trillion, a price-to-earnings ratio of 38.22, a P/E/G ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The business has a fifty day simple moving average of $188.50 and a 200 day simple moving average of $208.25. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The firm had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. During the same period in the previous year, the business posted $0.98 EPS. The business's revenue was up 8.6% compared to the same quarter last year. As a group, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the transaction, the chief executive officer now owns 497,067 shares of the company's stock, valued at $114,459,618.09. This represents a 5.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Shelley Reynolds sold 8,833 shares of the business's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $222.47, for a total value of $1,965,077.51. Following the sale, the vice president now owns 119,780 shares of the company's stock, valued at $26,647,456.60. The trade was a 6.87% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 107,298 shares of company stock valued at $23,818,478. 9.70% of the stock is owned by corporate insiders.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.