Compton Wealth Advisory Group LLC Has $8.30 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Compton Wealth Advisory Group LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 6.0% in the 4th quarter, HoldingsChannel reports. The fund owned 37,838 shares of the e-commerce giant’s stock after acquiring an additional 2,134 shares during the period. Amazon.com comprises approximately 2.1% of Compton Wealth Advisory Group LLC’s holdings, making the stock its 13th biggest position. Compton Wealth Advisory Group LLC’s holdings in Amazon.com were worth $8,301,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kieckhefer Group LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at $567,000. Capital Investment Advisors LLC boosted its stake in shares of Amazon.com by 5.0% in the 4th quarter. Capital Investment Advisors LLC now owns 229,671 shares of the e-commerce giant’s stock valued at $50,388,000 after purchasing an additional 10,848 shares during the last quarter. ACT Advisors LLC. boosted its stake in shares of Amazon.com by 7.0% in the 4th quarter. ACT Advisors LLC. now owns 3,133 shares of the e-commerce giant’s stock valued at $687,000 after purchasing an additional 204 shares during the last quarter. DBK Financial Counsel LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at $206,000. Finally, City State Bank boosted its stake in shares of Amazon.com by 1.9% in the 4th quarter. City State Bank now owns 16,663 shares of the e-commerce giant’s stock valued at $3,656,000 after purchasing an additional 315 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 5,502 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $205.81, for a total value of $1,132,366.62. Following the completion of the transaction, the chief executive officer now directly owns 518,911 shares in the company, valued at $106,797,072.91. This trade represents a 1.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the sale, the insider now owns 917,416,976 shares of the company’s stock, valued at $191,602,535,437.60. The trade was a 0.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 6,032,344 shares of company stock worth $1,253,456,822 over the last quarter. 10.80% of the stock is owned by company insiders.

Amazon.com Stock Up 1.9 %

Shares of Amazon.com stock opened at $235.01 on Thursday. The company has a fifty day moving average price of $218.73 and a 200 day moving average price of $196.68. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $235.44. The stock has a market cap of $2.47 trillion, a price-to-earnings ratio of 50.32, a price-to-earnings-growth ratio of 1.26 and a beta of 1.14.

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

Analyst Ratings Changes

Several brokerages recently issued reports on AMZN. Truist Financial increased their target price on shares of Amazon.com from $265.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Bank of America increased their target price on shares of Amazon.com from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. TD Cowen increased their target price on shares of Amazon.com from $240.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Rosenblatt Securities raised their price objective on shares of Amazon.com from $221.00 to $236.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Wolfe Research raised their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $247.72.

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.