Ranch Capital Advisors Inc. Grows Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Ranch Capital Advisors Inc. grew its position in shares of Amazon.com, Inc.

( NASDAQ:AMZN ) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,244 shares of the e-commerce giant’s stock after purchasing an additional 62 shares during the period.



Amazon.com accounts for about 1.3% of Ranch Capital Advisors Inc.

’s investment portfolio, making the stock its 23rd largest position. Ranch Capital Advisors Inc.’s holdings in Amazon.

com were worth $2,686,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC grew its position in shares of Amazon.

com by 17,054.5% in the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock valued at $2,652,116,000 after purchasing an additional 12,018,120 shares during the period.

Parnassus Investments LLC lifted its position in Amazon.com by 82,457.3% during the third quarter.

Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock worth $2,125,148,000 after buying an additional 11,391,479 shares during the period. State Street Corp boosted its stake in Amazon.com by 3.

3% in the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock worth $66,926,008,000 after buying an additional 11,370,309 shares during the last quarter. Geode Capital Management LLC grew its holdings in Amazon.

com by 3.4% in the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after buying an additional 6,545,944 shares during the period.

Finally, Strategic Financial Concepts LLC increased its stake in shares of Amazon.com by 23,742.9% during the 4th quarter.

Strategic Financial Concepts LLC now owns 5,102,618 shares of the e-commerce giant’s stock valued at $1,119,463,000 after acquiring an additional 5,081,217 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades AMZN has been the topic of several research analyst reports. JMP Securities set a $285.00 target price on shares of Amazon.

com in a research report on Thursday, March 27th. Rosenblatt Securities increased their price target on shares of Amazon.com from $236.

00 to $287.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Cantor Fitzgerald reissued an “overweight” rating and set a $270.

00 price objective on shares of Amazon.com in a research note on Friday, February 7th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $275.

00 target price on shares of Amazon.com in a research report on Friday, February 7th. Finally, Sanford C.

Bernstein boosted their price target on Amazon.com from $235.00 to $265.

00 and gave the company an “outperform” rating in a research report on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $258.

19. Insiders Place Their Bets In other news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred on Tuesday, April 1st.

The stock was sold at an average price of $187.99, for a total transaction of $469,975.00.

Following the sale, the chief executive officer now directly owns 509,474 shares in the company, valued at approximately $95,776,017.26. This represents a 0.

49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, SVP David Zapolsky sold 19,212 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at approximately $10,864,125. This trade represents a 27.78 % decrease in their position.

The disclosure for this sale can be found here . Insiders have sold 104,798 shares of company stock valued at $23,341,803 over the last quarter. Insiders own 10.

80% of the company’s stock. Amazon.com Stock Performance AMZN stock opened at $181.

22 on Friday. The firm has a market cap of $1.92 trillion, a P/E ratio of 32.

77, a P/E/G ratio of 1.50 and a beta of 1.39.

The stock’s 50 day simple moving average is $205.37 and its 200 day simple moving average is $208.47.

The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.

18. Amazon.com, Inc.

has a 12-month low of $151.61 and a 12-month high of $242.52.

Amazon.com ( NASDAQ:AMZN – Get Free Report ) last issued 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 net margin of 9.29% and a return on equity of 24.

25%. As a group, equities research analysts predict that Amazon.com, Inc.

will post 6.31 EPS for the current year. Amazon.

com 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. Read More Five stocks we like better than Amazon.com What does consumer price index measure? Joby Aviation: Operational Momentum vs.

Market Sentiment Stock Splits, Do They Really Impact Investors? Broadcom’s Big Outperformance Shows Strength Amid Tariff Decline What is a Special Dividend? Carvana: Can Turnaround Strength Outdrive Market Headwinds? 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 ). Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.

com and related companies with MarketBeat.com's FREE daily email newsletter ..