Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Raised by Centaurus Financial Inc.

Centaurus Financial Inc. lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 185,580 shares of the e-commerce giant's stock after buying an additional 8,099 shares during the period. Amazon.com comprises about 2.5% of Centaurus Financial Inc.'s portfolio, making the stock its 3rd biggest holding. Centaurus Financial Inc.'s holdings in Amazon.com were worth $40,714,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AMZN. Wealthedge Investment Advisors LLC bought a new position in shares of Amazon.com in the 4th quarter valued at $5,133,000. Campbell Deegan Wealth Management LLC acquired a new stake in Amazon.com in the fourth quarter valued at $518,000. Lighthouse Financial LLC bought a new position in shares of Amazon.com during the fourth quarter worth about $3,432,000. Anchor Pointe Wealth Management LLC bought a new position in Amazon.com during the 4th quarter worth approximately $1,166,000. Finally, SpringVest Wealth Management LLC acquired a new position in Amazon.com in the fourth quarter valued at $275,000. Institutional investors own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In related news, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $200.79, for a total value of $541,129.05. Following the sale, the vice president now owns 119,780 shares in the company, valued at $24,050,626.20. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Matthew S. Garman sold 20,923 shares of the business's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total transaction of $4,211,799.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 102,037 shares of company stock worth $20,531,075. 9.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AMZN shares. Cantor Fitzgerald increased their price target on Amazon.com from $230.00 to $240.00 and gave the stock an "overweight" rating in a report on Friday, May 2nd. Citizens Jmp lowered their price objective on Amazon.com from $285.00 to $240.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Tigress Financial lifted their price objective on shares of Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, May 6th. Wall Street Zen downgraded shares of Amazon.com from a "buy" rating to a "hold" rating in a report on Monday, May 5th. Finally, Mizuho cut their price target on shares of Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $244.89.

Amazon.com Trading Up 2.7%

Shares of NASDAQ AMZN traded up $5.66 during midday trading on Friday, reaching $213.57. The company had a trading volume of 39,746,466 shares, compared to its average volume of 42,160,042. The stock has a market cap of $2.27 trillion, a PE ratio of 38.62, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33. Amazon.com, Inc. has a one year low of $151.61 and a one 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 firm's fifty day moving average price is $191.84 and its 200-day moving average price is $208.75.

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

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.