Cypress Financial Planning LLC Grows Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Cypress Financial Planning LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,729 shares of the e-commerce giant’s stock after acquiring an additional 131 shares during the quarter. Amazon.com comprises approximately 0.5% of Cypress Financial Planning LLC’s portfolio, making the stock its 22nd largest position. Cypress Financial Planning LLC’s holdings in Amazon.com were worth $1,476,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Tuttle Capital Management LLC boosted its holdings in Amazon.com by 34.6% in the 4th quarter. Tuttle Capital Management LLC now owns 2,272 shares of the e-commerce giant’s stock worth $498,000 after acquiring an additional 584 shares during the period. Rosenberg Matthew Hamilton lifted its position in shares of Amazon.com by 6.2% during the fourth quarter. Rosenberg Matthew Hamilton now owns 4,743 shares of the e-commerce giant’s stock worth $1,041,000 after purchasing an additional 275 shares in the last quarter. Waycross Investment Management Co purchased a new position in shares of Amazon.com in the fourth quarter valued at $400,000. PCA Investment Advisory Services Inc. increased its stake in Amazon.com by 2.8% during the 4th quarter. PCA Investment Advisory Services Inc. now owns 11,523 shares of the e-commerce giant’s stock worth $2,528,000 after buying an additional 319 shares during the period. Finally, Signal Advisors Wealth LLC lifted its holdings in Amazon.com by 31.3% in the 4th quarter. Signal Advisors Wealth LLC now owns 33,123 shares of the e-commerce giant’s stock worth $7,267,000 after buying an additional 7,904 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $234.85 on Friday. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $236.40. The firm has a market capitalization of $2.47 trillion, a PE ratio of 50.29, a P/E/G ratio of 1.31 and a beta of 1.14. The firm has a 50-day moving average price of $220.27 and a 200 day moving average price of $197.47. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The business had revenue of $158.88 billion during the quarter, compared to analysts’ expectations of $157.28 billion. During the same period last year, the firm posted $0.85 earnings per share. The business’s revenue was up 11.0% on a year-over-year basis. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 5.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on AMZN. Moffett Nathanson raised their target price on Amazon.com from $235.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. JPMorgan Chase & Co. raised their price objective on Amazon.com from $250.00 to $280.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Loop Capital upped their target price on Amazon.com from $225.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Roth Mkm raised their price target on shares of Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Finally, JMP Securities restated a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a research note on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $249.02.

Insider Activity

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total value of $246,237.22. Following the completion of the sale, the director now directly owns 24,912 shares of the company’s stock, valued at approximately $4,958,982.72. This represents a 4.73 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan Rubinstein sold 5,004 shares of Amazon.com stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $199.85, for a total transaction of $1,000,049.40. Following the completion of the transaction, the director now directly owns 99,396 shares in the company, valued at $19,864,290.60. This represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,032,344 shares of company stock worth $1,253,456,822. 10.80% of the stock is owned by company insiders.

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.