Semus Wealth Partners LLC Acquires 922 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Semus Wealth Partners LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,842 shares of the e-commerce giant’s stock after acquiring an additional 922 shares during the period. Amazon.com comprises about 2.7% of Semus Wealth Partners LLC’s portfolio, making the stock its 7th largest holding. Semus Wealth Partners LLC’s holdings in Amazon.com were worth $4,134,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Quattro Financial Advisors LLC grew its stake in Amazon.com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares in the last quarter. MBM Wealth Consultants LLC lifted its holdings in Amazon.com by 0.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after buying an additional 48 shares during the last quarter. GGM Financials LLC grew its position in shares of Amazon.com by 2.1% in the 4th quarter. GGM Financials LLC now owns 2,463 shares of the e-commerce giant’s stock worth $540,000 after acquiring an additional 50 shares in the last quarter. Bell Investment Advisors Inc increased its holdings in shares of Amazon.com by 1.5% in the 3rd quarter. Bell Investment Advisors Inc now owns 3,359 shares of the e-commerce giant’s stock valued at $626,000 after acquiring an additional 51 shares during the last quarter. Finally, Eaton Cambridge Inc. raised its position in shares of Amazon.com by 1.1% during the 4th quarter. Eaton Cambridge Inc. now owns 4,533 shares of the e-commerce giant’s stock valued at $994,000 after acquiring an additional 51 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. The trade was a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 19,212 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $217.50, for a total value of $4,178,610.00. Following the completion of the sale, the senior vice president now directly owns 49,950 shares of the company’s stock, valued at approximately $10,864,125. This represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 102,298 shares of company stock worth $22,871,828 over the last ninety days. 10.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research reports. Scotiabank lifted their price objective on shares of Amazon.com from $246.00 to $306.00 and gave the stock a “sector outperform” rating in a report on Friday, January 24th. Moffett Nathanson lifted their price target on shares of Amazon.com from $235.00 to $248.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $275.00 price objective on shares of Amazon.com in a research report on Friday, February 7th. TD Cowen raised their target price on shares of Amazon.com from $240.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, Royal Bank of Canada lifted their target price on Amazon.com from $255.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Two 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 has a consensus rating of “Moderate Buy” and a consensus target price of $260.65.

Amazon.com Stock Performance

AMZN opened at $195.54 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The firm has a market cap of $2.07 trillion, a PE ratio of 35.36, a P/E/G ratio of 1.50 and a beta of 1.19. The business has a fifty day simple moving average of $219.90 and a 200-day simple moving average of $207.94. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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.