Regentatlantic Capital LLC Boosts Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Regentatlantic Capital LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,454 shares of the e-commerce giant’s stock after acquiring an additional 208 shares during the period. Amazon.com makes up about 1.7% of Regentatlantic Capital LLC’s investment portfolio, making the stock its 11th largest position. Regentatlantic Capital LLC’s holdings in Amazon.com were worth $60,159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in AMZN. International Assets Investment Management LLC boosted its position in shares of Amazon.com by 2.0% during the fourth quarter. International Assets Investment Management LLC now owns 5,382 shares of the e-commerce giant’s stock valued at $17,945,000 after buying an additional 105 shares during the period. National Asset Management Inc. lifted its stake in shares of Amazon.com by 2.4% during the 4th quarter. National Asset Management Inc. now owns 19,330 shares of the e-commerce giant’s stock worth $64,451,000 after acquiring an additional 459 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Amazon.com during the 4th quarter worth approximately $2,059,691,000. First National Corp MA ADV grew its position in Amazon.com by 86.8% in the 4th quarter. First National Corp MA ADV now owns 964 shares of the e-commerce giant’s stock valued at $3,213,000 after acquiring an additional 448 shares during the last quarter. Finally, Wayfinding Financial LLC purchased a new stake in Amazon.com in the fourth quarter worth $789,000. Hedge funds and other institutional investors own 72.51% of the company’s stock.

Insider Buying and Selling

In other Amazon.com news, CEO David H. Clark sold 2,270 shares of the stock in a transaction dated Monday, May 23rd. The stock was sold at an average price of $2,169.22, for a total transaction of $4,924,129.40. Following the sale, the chief executive officer now directly owns 6,695 shares of the company’s stock, valued at approximately $14,522,927.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Amazon.com news, CEO Andrew R. Jassy sold 1,181 shares of the business’s stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $2,262.00, for a total value of $2,671,422.00. Following the completion of the transaction, the chief executive officer now directly owns 92,781 shares of the company’s stock, valued at $209,870,622. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO David H. Clark sold 2,270 shares of the company’s stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $2,169.22, for a total value of $4,924,129.40. Following the completion of the sale, the chief executive officer now owns 6,695 shares in the company, valued at approximately $14,522,927.90. The disclosure for this sale can be found here. Insiders sold a total of 4,803 shares of company stock valued at $10,528,337 over the last 90 days. Insiders own 12.70% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. The Goldman Sachs Group cut their price target on shares of Amazon.com from $185.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, June 9th. JPMorgan Chase & Co. upped their target price on shares of Amazon.com from $175.00 to $185.00 and gave the stock a “maintains” rating in a research note on Friday, July 29th. TheStreet downgraded shares of Amazon.com from a “b” rating to a “c+” rating in a research note on Thursday, April 28th. Rosenblatt Securities increased their price objective on Amazon.com to $118.00 and gave the stock a “neutral” rating in a research note on Friday, July 29th. Finally, Telsey Advisory Group lifted their target price on Amazon.com from $145.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, July 29th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and thirty have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $179.45.

Amazon.com Stock Up 4.0 %

Shares of AMZN stock opened at $139.52 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.95. Amazon.com, Inc. has a fifty-two week low of $101.26 and a fifty-two week high of $188.11. The firm has a market capitalization of $1.42 trillion, a PE ratio of 125.08, a P/E/G ratio of 5.64 and a beta of 1.33. The stock’s 50-day simple moving average is $115.95 and its 200-day simple moving average is $134.74.

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

About Amazon.com

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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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