Venture Visionary Partners LLC Raises Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Venture Visionary Partners LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 173,007 shares of the e-commerce giant's stock after purchasing an additional 8,873 shares during the quarter. Amazon.com makes up about 1.4% of Venture Visionary Partners LLC's holdings, making the stock its 11th largest position. Venture Visionary Partners LLC's holdings in Amazon.com were worth $26,287,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Register Financial Advisors LLC increased its position in shares of Amazon.com by 14.3% during the third quarter. Register Financial Advisors LLC now owns 5,263 shares of the e-commerce giant's stock valued at $669,000 after acquiring an additional 657 shares during the last quarter. Wedge Capital Management L L P NC increased its position in Amazon.com by 1.0% in the third quarter. Wedge Capital Management L L P NC now owns 14,613 shares of the e-commerce giant's stock worth $1,858,000 after buying an additional 148 shares during the last quarter. Cherrydale Wealth Management LLC increased its position in Amazon.com by 14.7% in the fourth quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant's stock worth $799,000 after buying an additional 675 shares during the last quarter. Tompkins Financial Corp increased its position in Amazon.com by 3.3% in the fourth quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant's stock worth $10,875,000 after buying an additional 2,273 shares during the last quarter. Finally, Nicholas Company Inc. increased its position in Amazon.com by 3.9% in the third quarter. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant's stock worth $89,628,000 after buying an additional 26,465 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 3,100 shares of the business's stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction of $523,807.00. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $20,239,226.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, VP Shelley Reynolds sold 3,100 shares of the business's stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction of $523,807.00. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $20,239,226.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the business's stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares in the company, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,214,010 shares of company stock worth $5,505,889,146. Company insiders own 10.80% of the company's stock.

Amazon.com Trading Up 1.5 %

Shares of AMZN traded up $2.60 during trading hours on Monday, hitting $177.23. The company had a trading volume of 37,861,625 shares, compared to its average volume of 42,924,973. The firm has a market cap of $1.84 trillion, a P/E ratio of 60.30, a P/E/G ratio of 1.52 and a beta of 1.17. The stock's 50 day moving average price is $177.28 and its 200 day moving average price is $157.27. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. Amazon.com, Inc. has a 52-week low of $101.15 and a 52-week high of $189.77.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping the consensus estimate of $0.81 by $0.19. The firm had revenue of $169.96 billion for the quarter, compared to the consensus estimate of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The company's quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 earnings per share. On average, research analysts predict that Amazon.com, Inc. will post 4.1 EPS for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on AMZN shares. Wolfe Research raised their target price on Amazon.com from $195.00 to $205.00 and gave the stock an "outperform" rating in a research report on Friday, February 2nd. Barclays raised their target price on Amazon.com from $190.00 to $220.00 and gave the stock an "overweight" rating in a research report on Friday, February 2nd. BMO Capital Markets started coverage on Amazon.com in a research report on Tuesday, January 9th. They issued an "outperform" rating and a $200.00 target price for the company. Monness Crespi & Hardt lifted their price target on Amazon.com from $170.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, February 2nd. Finally, DA Davidson reiterated a "buy" rating and issued a $235.00 price target on shares of Amazon.com in a research report on Thursday. One research analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $202.80.

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.