Bedel Financial Consulting Inc. raised its stake in Amazon.com, Inc.
(NASDAQ:AMZN) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,356 shares of the e-commerce giant’s stock after buying an additional 577 shares during the period.
Amazon.com makes up about 0.4% of Bedel Financial Consulting Inc.
’s investment portfolio, making the stock its 29th largest holding. Bedel Financial Consulting Inc.’s holdings in Amazon.
com were worth $3,154,000 as of its most recent filing with the SEC. A number of other institutional investors and hedge funds also recently modified their holdings of AMZN. Accordant Advisory Group Inc increased its position in shares of Amazon.
com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after acquiring an additional 100 shares in the last quarter.
Icon Wealth Advisors LLC boosted its stake in Amazon.com by 20.5% in the 3rd quarter.
Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after purchasing an additional 25,581 shares during the period. Quattro Financial Advisors LLC boosted its stake in Amazon.com by 23.
8% in the 4th 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 during the period. Compass Planning Associates Inc acquired a new stake in Amazon.
com during the 4th quarter valued at $51,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Amazon.com in the fourth quarter valued at $54,000.
Institutional investors and hedge funds own 72.20% of the company’s stock. Amazon.
com Stock PerformanceNASDAQ AMZN opened at $178.41 on Friday. The company’s fifty day moving average is $213.
46 and its two-hundred day moving average is $209.01. Amazon.
com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.
52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.
06 and a quick ratio of 0.87. The firm has a market capitalization of $1.
89 trillion, a price-to-earnings ratio of 32.26, a P/E/G ratio of 1.50 and a beta of 1.
19. Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share for the quarter, topping 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%. Equities research analysts forecast that Amazon.
com, Inc. will post 6.31 EPS for the current year.
Wall Street Analyst Weigh InAMZN has been the subject of a number of research reports. Barclays raised their price objective on Amazon.com from $235.
00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. Tigress Financial boosted their price objective on shares of Amazon.
com from $245.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, December 20th.
JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $250.
00 to $280.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Needham & Company LLC restated a “buy” rating and set a $250.
00 price target on shares of Amazon.com in a report on Friday, February 7th. Finally, Westpark Capital initiated coverage on shares of Amazon.
com in a research note on Tuesday. They issued a “buy” rating and a $280.00 price target on the stock.
Two investment analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $260.
53.Read Our Latest Research Report on Amazon.comInsider Transactions at Amazon.
comIn related news, SVP David Zapolsky sold 5,848 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.72, for a total value of $1,290,770.
56. Following the completion of the transaction, the senior vice president now owns 69,162 shares of the company’s stock, valued at $15,265,436.64.
This represents a 7.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, April 1st.
The shares were sold at an average price of $187.99, for a total value of $469,975.00.
Following the sale, the chief executive officer now directly owns 509,474 shares in the company, valued at $95,776,017.26. The trade was a 0.
49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 104,798 shares of company stock valued at $23,341,803.
10.80% of the stock is owned by corporate insiders. Amazon.
com Company Profile (Free Report)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.Featured StoriesFive stocks we like better than Amazon.comWhat Investors Must Know About Over-the-Counter (OTC) StocksShares of RH Down Nearly 40%: Where Investors Can Turn To NowHow is Compound Interest Calculated?Tariffs, Spin-Out, and R2 Updates Are Positive Signs for RivianHow to Know if a Stock Pays Dividends and When They Are Paid OutCathie Wood Loads Up on Baidu—Is It the Right Time to Buy?Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).
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Business
Amazon.com, Inc. (NASDAQ:AMZN) Position Increased by Bedel Financial Consulting Inc.

Bedel Financial Consulting Inc. raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,356 shares of the e-commerce giant’s stock after buying an additional 577 shares during the period. Amazon.com makes up about 0.4% of Bedel [...]