Oak Wealth Advisors LLC Makes New Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Oak Wealth Advisors LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,557 shares of the e-commerce giant's stock, valued at approximately $342,000.

Other institutional investors have also recently bought and sold shares of the company. Momentous Wealth Management Inc. acquired a new position in Amazon.com during the fourth quarter worth about $749,000. Segall Bryant & Hamill LLC raised its stake in Amazon.com by 14.3% during the fourth quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock worth $69,572,000 after acquiring an additional 39,696 shares in the last quarter. Evergreen Capital Management LLC raised its stake in Amazon.com by 0.5% during the fourth quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after acquiring an additional 1,198 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Amazon.com by 173.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after acquiring an additional 2,196,353 shares in the last quarter. Finally, Keyvantage Wealth LLC acquired a new position in Amazon.com during the fourth quarter worth about $2,735,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 5,501 shares of Amazon.com stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total value of $1,256,648.44. Following the completion of the sale, the chief executive officer now owns 505,318 shares of the company's stock, valued at approximately $115,434,843.92. This trade represents a 1.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company's stock, valued at approximately $26,647,456.60. The trade was a 6.87% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 80,798 shares of company stock valued at $17,696,733. 9.70% of the stock is owned by company insiders.

Amazon.com Stock Performance

Shares of AMZN stock opened at $205.59 on Monday. The company has a market cap of $2.18 trillion, a price-to-earnings ratio of 37.18, a price-to-earnings-growth 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 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 has a 50 day moving average of $189.33 and a 200-day moving average of $208.77.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly 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 business had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. During the same quarter last year, the firm posted $0.98 EPS. Amazon.com's revenue was up 8.6% compared to the same quarter last year. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on AMZN shares. UBS Group reaffirmed a "buy" rating on shares of Amazon.com in a research note on Tuesday, May 6th. Needham & Company LLC reaffirmed a "buy" rating and issued a $220.00 price objective on shares of Amazon.com in a research note on Friday, May 2nd. BNP Paribas raised Amazon.com to a "hold" rating in a research note on Wednesday, April 30th. 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. Finally, Bank of America lowered their price objective on Amazon.com from $257.00 to $225.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Four research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $244.09.

Amazon.com Company 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.

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