Analysis of Zullo Investment Group Inc.'s Amazon.com Stock Position

• Zullo Investment Group Inc. reduced its stock position in Amazon.com (AMZN) by 0.3% in the fourth quarter, selling 150 shares.
• The fund now owns 45,468 shares, valued at $9,975,000, representing 4.0% of its portfolio and making AMZN its 4th largest holding.

Competitive Dynamics and Institutional Investment

• International Assets Investment Management LLC: Increased stake by 20,897.2%, owning 39,135,449 shares worth $72.92 billion after buying 38,949,065 shares in Q3.
• Parnassus Investments LLC: Raised holdings by 82,457.3%, owning 11,405,294 shares worth $2.12 billion after purchasing 11,391,479 shares in Q3.
• State Street Corp: Increased holdings by 3.3%, owning 359,179,990 shares worth $66.92 billion after buying 11,370,309 shares in Q3.
• Geode Capital Management LLC: Boosted holdings by 3.4%, owning 199,915,046 shares worth $37.12 billion after purchasing 6,545,944 shares in Q3.
• Strategic Financial Concepts LLC: Increased stake by 23,742.9%, owning 5,102,618 shares worth $1.12 billion after buying 5,081,217 shares in Q4.

Insider Transactions

• Amazon.com’s CEO sold 5,501 shares on February 18th at an average price of $228.44, reducing ownership by 1.08% to 505,318 shares worth $115.43 million.
• Another insider sold 20,784 shares on February 21st at an average price of $220.65, reducing ownership to 2,118,886 shares worth $467.53 million.
• Total insider sales in the last three months: 102,298 shares worth $22.87 million.
• 10.80% of the stock is owned by insiders.

Amazon.com Financial Performance

• Q4 earnings per share (EPS): $1.86, beating estimates of $1.52.
• Net margin: 9.29%, Return on Equity (ROE): 24.25%.
• Analysts expect EPS for the current fiscal year: 6.31.

Analyst Sentiment and Price Targets

• Average rating: “Moderate Buy” with a consensus target price of $260.65.
• Recent updates:
  • Royal Bank of Canada raised target from $255 to $265 (Outperform).
  • Goldman Sachs increased target from $240 to $255 (Buy).
  • Mizuho raised target from $240 to $260 (Outperform).
  • Wells Fargo cut target from $207 to $203 (Equal Weight).
  • Cantor Fitzgerald restated “Overweight” with a $270 target.

About Amazon.com

• Operates through three segments: North America, International, and Amazon Web Services (AWS).
• Revenue streams include retail, advertising, subscriptions, and hardware/software products (Kindle, Fire tablets, Echo, etc.).
• Also produces media content.