8,397 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Purchased by LifePlan Financial LLC

LifePlan Financial LLC acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 8,397 shares of the e-commerce giant's stock, valued at approximately $1,276,000. Amazon.com makes up approximately 1.3% of LifePlan Financial LLC's portfolio, making the stock its 22nd largest holding.

Several other hedge funds also recently modified their holdings of the stock. PayPay Securities Corp grew its holdings in Amazon.com by 54.3% during the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant's stock worth $34,000 after purchasing an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant's stock worth $42,000 after acquiring an additional 86 shares during the period. Harbor Investment Advisory LLC boosted its holdings in shares of Amazon.com by 0.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant's stock worth $46,000 after acquiring an additional 1,988 shares during the period. Authentikos Wealth Advisory LLC bought a new stake in shares of Amazon.com during the third quarter worth approximately $49,000. Finally, Bruce G. Allen Investments LLC bought a new stake in shares of Amazon.com during the fourth quarter worth approximately $57,000. Institutional investors own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the firm's stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the transaction, the chief executive officer now owns 132,600 shares of the company's stock, valued at approximately $23,868,000. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of the firm's stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the transaction, the chief executive officer now owns 132,600 shares of the company's stock, valued at approximately $23,868,000. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $180.73, for a total transaction of $632,555.00. Following the transaction, the chief executive officer now directly owns 512,858 shares in the company, valued at approximately $92,688,826.34. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,217,010 shares of company stock worth $5,506,442,301. 10.80% of the stock is owned by corporate insiders.

Amazon.com Trading Up 0.8 %

Shares of AMZN stock traded up $1.49 during mid-day trading on Friday, hitting $186.21. The company's stock had a trading volume of 39,172,004 shares, compared to its average volume of 46,582,852. The company's fifty day simple moving average is $179.02 and its 200-day simple moving average is $160.75. Amazon.com, Inc. has a 52 week low of $103.31 and a 52 week high of $189.77. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.07. The company has a market cap of $1.94 trillion, a PE ratio of 52.16, a P/E/G ratio of 1.38 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm had revenue of $143.31 billion during the quarter, compared to analyst estimates of $142.65 billion. During the same period last year, the company posted $0.31 EPS. The business's quarterly revenue was up 12.5% on a year-over-year basis. As a group, equities research analysts expect that Amazon.com, Inc. will post 4.67 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AMZN. Royal Bank of Canada boosted their price objective on Amazon.com from $180.00 to $215.00 and gave the stock an "outperform" rating in a report on Friday, February 2nd. Morgan Stanley lifted their price target on shares of Amazon.com from $215.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday. DA Davidson reiterated a "buy" rating and issued a $235.00 price target on shares of Amazon.com in a research report on Thursday, April 18th. Stifel Nicolaus lifted their price target on shares of Amazon.com from $224.00 to $228.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, Roth Mkm reiterated a "buy" rating and issued a $210.00 price target (up from $205.00) on shares of Amazon.com in a research report on Wednesday. One investment analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Amazon.com currently has an average rating of "Buy" and an average target price of $211.07.

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.