Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Tcfg Wealth Management LLC

Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Tcfg Wealth Management LLC

  • 16.03.2025 17:55
  • etfdailynews.com
  • Keywords: Stock Performance, Analyst Reports

Tcfg Wealth Management LLC increased its Amazon.com shares by 0.3% in the 4th quarter, holding 27,949 shares worth $6.13 million, making it their 4th largest holding. Other investors also boosted their stakes, while insiders sold some shares. Amazon's stock has positive analyst ratings and a market cap of $2.10 trillion.

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Estimated market influence

Amazon.com, Inc.

Amazon.com, Inc.

Positivesentiment_satisfied
Analyst rating: Strong buy

Multiple institutional investors increased their holdings in Amazon.com stock, indicating confidence in the company's future performance. Additionally, analysts have set high price targets and provided positive ratings.

Context

Analysis of Amazon.com Stock Activity and Market Implications

Investment Activity

  • Tcfg Wealth Management LLC:

    • Increased holdings by 0.3% in Q4.
    • Now owns 27,949 shares, worth $6,132,000.
    • Amazon.com is its 4th largest holding (3.1% of portfolio).

  • Strategic Financial Concepts LLC:

    • Increased holdings by 57.2% in Q4.
    • Now owns 33,644 shares, worth $7,381,000.

  • Allworth Financial LP:

    • Increased holdings by 10.5% in Q4.
    • Now owns 329,000 shares, worth $77,318,000.

  • Principal Securities Inc.:

    • Increased holdings by 2.1% in Q4.
    • Now owns 267,627 shares, worth $58,715,000.

  • Little House Capital LLC:

    • Increased holdings by 1.8% in Q4.
    • Now owns 66,808 shares, worth $14,657,000.

  • Centerpoint Advisory Group:

    • Acquired new position in Amazon.com in Q4.
    • Position valued at approximately $2,278,000.

Insider Buying and Selling

  • Andrew R. Jassy (CEO):

    • Sold 20,784 shares on February 21st.
    • Average price: $220.65, total value: $4,585,989.60.
    • Ownership decreased by 0.97% to 2,118,886 shares.

  • VP:

    • Sold 8,833 shares on February 21st.
    • Average price: $222.47, total value: $1,965,077.51.
    • Ownership decreased by 6.87% to 119,780 shares.

  • Total insider sales in last 90 days: 102,298 shares, worth $22,871,828.

  • Insider ownership: 10.80% of total shares.

Stock Performance

  • Market Cap: $2.10 trillion.
  • PE Ratio: 35.80.
  • PEG Ratio: 1.50.
  • Beta: 1.19.
  • 52-week price range: $151.61 (low) to $242.52 (high).
  • Fifty-day SMA: $221.65.
  • 200-day SMA: $207.50.

Earnings and Financials

  • Q4 EPS: $1.86, beating consensus estimate of $1.52.
  • Return on Equity (ROE): 24.25%.
  • Net Margin: 9.29%.
  • Analysts predict FY 2024 EPS: 6.31.

Analyst Price Targets

  • Average rating: "Moderate Buy".
  • Consensus price target: $260.65.
  • Highest price target: $275.00 (Jefferies, Stifel Nicolaus, Telsey Advisory Group).

Company Overview

  • Engages in retail, advertising, subscriptions, and AWS services.
  • Operates through three segments: North America, International, and AWS.
  • Manufactures devices like Kindle, Fire tablets, Echo, Ring, Blink, and eero.
  • Develops media content.