J. W. Burns & Company raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 77.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The hedge fund owned 1,841 shares of the e-commerce giant’s stock after buying an additional 801 shares during the period. J. W. Burns & Company’s holdings in Amazon.com were worth $1,244,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Community Bank & Trust of Waco, Texas acquired a new stake in Amazon.com during the fourth quarter worth approximately $406,000. Wunderlich Securities acquired a new stake in Amazon.com during the fourth quarter worth approximately $571,000. Lenox Wealth Advisors boosted its stake in Amazon.com by 21.4% in the fourth quarter. Lenox Wealth Advisors now owns 681 shares of the e-commerce giant’s stock worth $460,000 after buying an additional 120 shares during the period. Private Asset Management boosted its stake in Amazon.com by 17.1% in the fourth quarter. Private Asset Management now owns 2,742 shares of the e-commerce giant’s stock worth $1,853,000 after buying an additional 400 shares during the period. Finally, Curbstone Financial Management boosted its stake in Amazon.com by 84.7% in the fourth quarter. Curbstone Financial Management now owns 4,524 shares of the e-commerce giant’s stock worth $3,058,000 after buying an additional 2,074 shares during the period.

Shares of Amazon.com, Inc. (NASDAQ:AMZN) traded up 3.71% during trading on Friday, reaching $596.38. The company had a trading volume of 5,120,144 shares. The stock has a market capitalization of $279.56 billion and a PE ratio of 854.41. Amazon.com, Inc. has a 12 month low of $299.33 and a 12 month high of $696.44. The stock’s 50-day moving average price is $639.97 and its 200-day moving average price is $574.18.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 22nd. The e-commerce giant reported $0.17 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.30. The company had revenue of $25.36 billion for the quarter, compared to the consensus estimate of $24.91 billion. During the same period last year, the company posted ($0.95) earnings per share. The firm’s revenue for the quarter was up 23.2% compared to the same quarter last year. Equities analysts forecast that Amazon.com, Inc. will post $1.87 earnings per share for the current fiscal year.

A number of research firms have recently commented on AMZN. Goldman Sachs set a $760.00 price objective on Amazon.com and gave the company a “buy” rating in a research report on Friday. Piper Jaffray restated an “overweight” rating and issued a $800.00 price objective on shares of Amazon.com in a research report on Thursday. Robert W. Baird restated an “outperform” rating and issued a $710.00 price objective on shares of Amazon.com in a research report on Wednesday. Nomura set a $850.00 price target on Amazon.com and gave the stock a “buy” rating in a research report on Wednesday. Finally, SunTrust reiterated a “neutral” rating and set a $625.00 price target on shares of Amazon.com in a research report on Wednesday. Nine equities research analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $706.00.

In other news, Director Thomas O. Ryder sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, November 16th. The stock was sold at an average price of $636.84, for a total transaction of $2,547,360.00. Following the completion of the transaction, the director now directly owns 24,653 shares of the company’s stock, valued at $15,700,016.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Patricia Q. Stonesifer sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, December 3rd. The shares were sold at an average price of $678.86, for a total value of $4,242,875.00. Following the transaction, the director now directly owns 25,423 shares of the company’s stock, valued at $17,258,657.78. The disclosure for this sale can be found here.

Amazon.com, Inc. (NASDAQ:AMZN) is an e-commerce company. The Company sells a range of products and services through its Websites. The Company’s products are offered through consumer-facing Websites, which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Company’s operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.

12 Month Chart for NASDAQ:AMZN

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