Personal CFO Solutions LLC Buys 110 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Personal CFO Solutions LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZNGet Rating) by 3.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,014 shares of the e-commerce giant’s stock after purchasing an additional 110 shares during the period. Amazon.com makes up about 1.9% of Personal CFO Solutions LLC’s holdings, making the stock its 7th biggest position. Personal CFO Solutions LLC’s holdings in Amazon.com were worth $9,825,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Lloyd Advisory Services LLC. raised its position in shares of Amazon.com by 105.2% during the first quarter. Lloyd Advisory Services LLC. now owns 119 shares of the e-commerce giant’s stock worth $388,000 after purchasing an additional 61 shares during the period. Axiom Financial Strategies LLC raised its position in Amazon.com by 3.3% during the first quarter. Axiom Financial Strategies LLC now owns 468 shares of the e-commerce giant’s stock valued at $1,117,000 after buying an additional 15 shares during the period. Essex LLC raised its position in Amazon.com by 8.9% during the first quarter. Essex LLC now owns 575 shares of the e-commerce giant’s stock valued at $1,875,000 after buying an additional 47 shares during the period. Beaumont Asset Management L.L.C. raised its position in Amazon.com by 8.9% during the first quarter. Beaumont Asset Management L.L.C. now owns 1,263 shares of the e-commerce giant’s stock valued at $4,117,000 after buying an additional 103 shares during the period. Finally, Jones Financial Companies Lllp raised its position in Amazon.com by 7.3% during the first quarter. Jones Financial Companies Lllp now owns 8,711 shares of the e-commerce giant’s stock valued at $28,397,000 after buying an additional 595 shares during the period. 72.51% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 173 shares of the stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $2,169.22, for a total value of $375,275.06. Following the transaction, the vice president now directly owns 5,989 shares in the company, valued at approximately $12,991,458.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Amazon.com news, SVP David Zapolsky sold 418 shares of the stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $2,169.22, for a total value of $906,733.96. Following the transaction, the senior vice president now directly owns 3,537 shares in the company, valued at approximately $7,672,531.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Shelley Reynolds sold 173 shares of the stock in a transaction on Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total value of $375,275.06. Following the completion of the transaction, the vice president now owns 5,989 shares in the company, valued at $12,991,458.58. The disclosure for this sale can be found here. Insiders sold 4,803 shares of company stock valued at $10,528,337 in the last three months. Corporate insiders own 12.70% of the company’s stock.

Amazon.com Trading Up 4.0 %

AMZN stock opened at $139.52 on Thursday. The business has a fifty day moving average price of $115.95 and a 200 day moving average price of $134.74. Amazon.com, Inc. has a fifty-two week low of $101.26 and a fifty-two week high of $188.11. The stock has a market capitalization of $1.42 trillion, a price-to-earnings ratio of 125.08, a P/E/G ratio of 5.64 and a beta of 1.33. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.95 and a quick ratio of 0.68.

Amazon.com (NASDAQ:AMZNGet Rating) last released its quarterly earnings results on Thursday, July 28th. The e-commerce giant reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). Amazon.com had a net margin of 2.39% and a return on equity of 15.79%. The business had revenue of $121.23 billion for the quarter, compared to analyst estimates of $119.16 billion. During the same period in the prior year, the business earned $0.76 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts expect that Amazon.com, Inc. will post 1.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AMZN. Truist Financial reissued a “buy” rating and set a $175.00 price target on shares of Amazon.com in a research report on Friday, June 17th. Tigress Financial restated a “buy” rating and issued a $232.00 target price on shares of Amazon.com in a research note on Wednesday, June 29th. Stifel Nicolaus boosted their target price on Amazon.com from $185.00 to $200.00 and gave the company a “maintains” rating in a research note on Friday, July 29th. Monness Crespi & Hardt lowered their target price on Amazon.com from $225.00 to $185.00 and set a “buy” rating on the stock in a research note on Friday, April 29th. Finally, Morgan Stanley lowered their target price on Amazon.com from $210.00 to $190.00 in a research note on Friday, April 29th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and thirty have given a buy rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $179.45.

Amazon.com Company Profile

(Get Rating)

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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