Amica Mutual Insurance Co. Has $36.40 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Amica Mutual Insurance Co. decreased its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 165,917 shares of the e-commerce giant's stock after selling 8,641 shares during the period. Amazon.com makes up 3.7% of Amica Mutual Insurance Co.'s portfolio, making the stock its 5th largest holding. Amica Mutual Insurance Co.'s holdings in Amazon.com were worth $36,401,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Accordant Advisory Group Inc boosted its stake in Amazon.com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares in the last quarter. Icon Wealth Advisors LLC lifted its holdings in shares of Amazon.com by 20.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock worth $28,000 after acquiring an additional 25,581 shares during the period. Quattro Financial Advisors LLC increased its stake in Amazon.com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after acquiring an additional 45 shares during the period. Compass Planning Associates Inc acquired a new position in Amazon.com in the fourth quarter worth about $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in Amazon.com during the fourth quarter worth about $54,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now directly owns 497,067 shares in the company, valued at $114,459,618.09. The trade was a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the sale, the chief executive officer now directly owns 2,118,886 shares of the company's stock, valued at $467,532,195.90. The trade was a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,798 shares of company stock worth $23,341,803 over the last quarter. 10.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $250.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Piper Sandler reaffirmed an "overweight" rating and set a $265.00 price objective (up from $225.00) on shares of Amazon.com in a research note on Friday, February 7th. Barclays lifted their target price on shares of Amazon.com from $235.00 to $265.00 and gave the company an "overweight" rating in a research note on Friday, February 7th. Oppenheimer decreased their price target on Amazon.com from $260.00 to $220.00 and set an "outperform" rating on the stock in a research report on Monday. Finally, Citizens Jmp cut their price objective on Amazon.com from $285.00 to $240.00 and set an "outperform" rating for the company in a research report on Monday, April 14th. Two analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company. Based on data from MarketBeat.com, Amazon.com presently has an average rating of "Moderate Buy" and an average price target of $246.50.

Amazon.com Stock Up 2.9 %

Shares of NASDAQ:AMZN traded up $5.28 during midday trading on Thursday, reaching $189.70. The company had a trading volume of 13,902,199 shares, compared to its average volume of 41,569,011. The business's 50 day moving average price is $191.39 and its 200 day moving average price is $207.74. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.01 trillion, a PE ratio of 34.22, a P/E/G ratio of 1.50 and a beta of 1.39.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. Research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

About Amazon.com

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.