Mutual of America Capital Management LLC Raises Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Mutual of America Capital Management LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,107 shares of the e-commerce giant’s stock after acquiring an additional 815 shares during the period. Amazon.com comprises about 2.1% of Mutual of America Capital Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Mutual of America Capital Management LLC’s holdings in Amazon.com were worth $192,686,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Stuart Chaussee & Associates Inc. bought a new position in Amazon.com in the fourth quarter worth about $27,000. Gibson Wealth Advisors LLC bought a new stake in shares of Amazon.com during the fourth quarter valued at approximately $33,000. Leverty Financial Group LLC bought a new stake in shares of Amazon.com during the fourth quarter valued at approximately $36,000. MBM Wealth Consultants LLC raised its holdings in shares of Amazon.com by 57.1% during the fourth quarter. MBM Wealth Consultants LLC now owns 11 shares of the e-commerce giant’s stock valued at $37,000 after buying an additional 4 shares during the last quarter. Finally, William Allan LLC bought a new stake in shares of Amazon.com during the fourth quarter valued at approximately $47,000. Institutional investors own 72.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut their price target on Amazon.com from $174.00 to $155.00 in a report on Thursday, July 21st. Wolfe Research lifted their price target on Amazon.com from $140.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, July 29th. JMP Securities lifted their price target on Amazon.com from $172.50 to $180.00 and gave the company a “market outperform” rating in a report on Friday, July 29th. Robert W. Baird cut their price target on Amazon.com from $200.00 to $187.50 in a report on Friday, April 29th. Finally, Royal Bank of Canada lowered their price objective on shares of Amazon.com from $194.00 to $175.00 in a research note on Friday, April 29th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and thirty-six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $178.11.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 173 shares of the business’s stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total transaction of $375,275.06. Following the transaction, the vice president now owns 5,989 shares in the company, valued at approximately $12,991,458.58. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Andrew R. Jassy sold 1,181 shares of the business’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $2,262.00, for a total transaction of $2,671,422.00. Following the transaction, the chief executive officer now owns 92,781 shares in the company, valued at approximately $209,870,622. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 173 shares of the company’s stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total transaction of $375,275.06. Following the completion of the sale, the vice president now directly owns 5,989 shares in the company, valued at approximately $12,991,458.58. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,803 shares of company stock worth $10,528,337. 12.70% of the stock is currently owned by company insiders.

Amazon.com Stock Performance

Shares of AMZN opened at $142.57 on Friday. The company has a market capitalization of $1.45 trillion, a PE ratio of 127.81, a price-to-earnings-growth ratio of 6.11 and a beta of 1.33. Amazon.com, Inc. has a one year low of $101.26 and a one year high of $188.11. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.95 and a quick ratio of 0.68. The company’s fifty day moving average price is $116.58 and its 200 day moving average price is $134.61.

Amazon.com (NASDAQ:AMZNGet Rating) last announced its earnings results on Thursday, July 28th. The e-commerce giant reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.15 by ($0.35). The firm had revenue of $121.23 billion during the quarter, compared to the consensus estimate of $119.16 billion. Amazon.com had a return on equity of 15.79% and a net margin of 2.39%. The business’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.76 EPS. As a group, analysts expect that Amazon.com, Inc. will post 0.97 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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