Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Wick Capital Partners LLC

Wick Capital Partners LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 278.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,962 shares of the e-commerce giant's stock after buying an additional 12,475 shares during the quarter. Amazon.com makes up 0.6% of Wick Capital Partners LLC's investment portfolio, making the stock its 21st largest holding. Wick Capital Partners LLC's holdings in Amazon.com were worth $3,721,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Prudent Man Investment Management Inc. acquired a new position in shares of Amazon.com in the fourth quarter worth $27,000. Accordant Advisory Group Inc boosted its holdings in Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after purchasing an additional 100 shares during the period. LSV Asset Management purchased a new position in Amazon.com in the fourth quarter valued at $35,000. Perritt Capital Management Inc grew its stake in Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after purchasing an additional 80 shares in the last quarter. Finally, Compass Planning Associates Inc purchased a new stake in Amazon.com during the 4th quarter worth about $51,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on AMZN shares. Tigress Financial lifted their price objective on Amazon.com from $290.00 to $305.00 and gave the company a "buy" rating in a research note on Tuesday, May 6th. Citigroup reaffirmed an "outperform" rating on shares of Amazon.com in a report on Friday, May 2nd. Piper Sandler reiterated an "overweight" rating and issued a $212.00 price target (down previously from $215.00) on shares of Amazon.com in a research note on Friday, May 2nd. Loop Capital boosted their price target on shares of Amazon.com from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Wednesday, February 12th. Finally, Royal Bank of Canada dropped their price objective on shares of Amazon.com from $235.00 to $230.00 and set an "outperform" rating on the stock 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, Amazon.com presently has an average rating of "Moderate Buy" and an average price target of $244.09.

Insider Transactions at Amazon.com

In related news, 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 value of $1,965,077.51. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at $26,647,456.60. This trade represents a 6.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the business's stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90. This represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 80,081 shares of company stock worth $17,421,044 over the last 90 days. 9.70% of the stock is currently owned by insiders.

Amazon.com Stock Performance

Shares of AMZN traded up $1.98 during mid-day trading on Thursday, hitting $203.10. 38,797,180 shares of the company's stock were exchanged, compared to its average volume of 41,908,253. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The business's 50 day moving average is $189.74 and its two-hundred day moving average is $208.74. The firm has a market capitalization of $2.16 trillion, a P/E ratio of 36.73, a P/E/G ratio of 1.50 and a beta of 1.30.

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