Bcwm LLC Takes $4.48 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Bcwm LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 20,426 shares of the e-commerce giant's stock, valued at approximately $4,481,000. Amazon.com makes up approximately 1.6% of Bcwm LLC's investment portfolio, making the stock its 27th biggest holding.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Walled Lake Planning & Wealth Management LLC boosted its stake in shares of Amazon.com by 0.4% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 13,559 shares of the e-commerce giant's stock valued at $2,975,000 after purchasing an additional 58 shares in the last quarter. United Bank boosted its position in Amazon.com by 16.9% during the 4th quarter. United Bank now owns 32,093 shares of the e-commerce giant's stock worth $7,041,000 after buying an additional 4,628 shares during the period. Mawer Investment Management Ltd. boosted its position in Amazon.com by 17.4% during the 4th quarter. Mawer Investment Management Ltd. now owns 4,077,412 shares of the e-commerce giant's stock worth $894,543,000 after buying an additional 603,084 shares during the period. Retirement Investment Advisors Inc. bought a new stake in Amazon.com during the 4th quarter worth approximately $213,000. Finally, Martin Currie Ltd. increased its position in Amazon.com by 78.0% in the 4th quarter. Martin Currie Ltd. now owns 216,955 shares of the e-commerce giant's stock valued at $47,598,000 after acquiring an additional 95,045 shares during the period. Institutional investors own 72.20% of the company's stock.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction that occurred on Friday, February 21st. The shares were 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 in the company, valued at approximately $467,532,195.90. This represents a 0.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the completion of the transaction, the chief executive officer now owns 509,474 shares of the company's stock, valued at $95,776,017.26. This represents a 0.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by insiders.

Amazon.com Stock Performance

Shares of Amazon.com stock traded down $0.22 on Friday, reaching $189.98. 77,794,995 shares of the company traded hands, compared to its average volume of 41,694,379. The company has a 50 day moving average of $190.48 and a 200 day moving average of $207.92. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The firm has a market capitalization of $2.02 trillion, a PE ratio of 34.35, a PEG 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, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.21. The business had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. Amazon.com's revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.98 earnings per share. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

AMZN has been the topic of several analyst reports. Evercore ISI reduced their price objective on shares of Amazon.com from $270.00 to $260.00 and set an "outperform" rating on the stock in a research note on Friday. Westpark Capital reissued a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a research note on Friday. Canaccord Genuity Group restated a "buy" rating on shares of Amazon.com in a research report on Thursday, February 13th. Bank of America reduced their target price on Amazon.com from $257.00 to $225.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Finally, BNP Paribas upgraded shares of Amazon.com to a "hold" rating in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $243.55.

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.