Columbia Advisory Partners LLC Acquires 8,642 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Columbia Advisory Partners LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1,946.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 9,086 shares of the e-commerce giant’s stock after purchasing an additional 8,642 shares during the period. Amazon.com accounts for about 1.1% of Columbia Advisory Partners LLC’s portfolio, making the stock its 13th largest position. Columbia Advisory Partners LLC’s holdings in Amazon.com were worth $965,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. LRT Capital Management LLC bought a new position in Amazon.com in the first quarter valued at about $939,000. Bellecapital International Ltd. boosted its holdings in Amazon.com by 1,993.8% in the second quarter. Bellecapital International Ltd. now owns 70,644 shares of the e-commerce giant’s stock valued at $7,503,000 after acquiring an additional 67,270 shares during the last quarter. Van Hulzen Asset Management LLC boosted its holdings in Amazon.com by 2.1% in the first quarter. Van Hulzen Asset Management LLC now owns 3,993 shares of the e-commerce giant’s stock valued at $13,017,000 after acquiring an additional 82 shares during the last quarter. Bouchey Financial Group Ltd boosted its holdings in Amazon.com by 2,027.5% in the second quarter. Bouchey Financial Group Ltd now owns 160,326 shares of the e-commerce giant’s stock valued at $17,028,000 after acquiring an additional 152,790 shares during the last quarter. Finally, Ervin Investment Management LLC boosted its holdings in Amazon.com by 1,900.0% in the second quarter. Ervin Investment Management LLC now owns 2,940 shares of the e-commerce giant’s stock valued at $320,000 after acquiring an additional 2,793 shares during the last quarter. Institutional investors own 57.15% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $92.46 on Tuesday. The stock has a market cap of $943.24 billion, a P/E ratio of 84.86, a PEG ratio of 6.29 and a beta of 1.23. The stock has a 50 day simple moving average of $109.80 and a 200 day simple moving average of $116.91. The company has a current ratio of 0.94, a quick ratio of 0.68 and a debt-to-equity ratio of 0.43. Amazon.com, Inc. has a 1-year low of $85.87 and a 1-year high of $185.67.

Amazon.com (NASDAQ:AMZNGet Rating) last announced its quarterly earnings data on Thursday, October 27th. The e-commerce giant reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.06. The firm had revenue of $127.10 billion during the quarter, compared to analysts’ expectations of $127.47 billion. Amazon.com had a return on equity of 14.44% and a net margin of 2.25%. The company’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.31 EPS. Research analysts anticipate that Amazon.com, Inc. will post 0.74 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 520 shares of Amazon.com stock in a transaction on Thursday, September 29th. The stock was sold at an average price of $114.61, for a total value of $59,597.20. Following the completion of the transaction, the chief executive officer now directly owns 114,660 shares of the company’s stock, valued at approximately $13,141,182.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Douglas J. Herrington sold 15,787 shares of the business’s stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $103.10, for a total transaction of $1,627,639.70. Following the completion of the transaction, the chief executive officer now owns 522,251 shares of the company’s stock, valued at approximately $53,844,078.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Adam Selipsky sold 520 shares of the business’s stock in a transaction on Thursday, September 29th. The stock was sold at an average price of $114.61, for a total value of $59,597.20. Following the transaction, the chief executive officer now directly owns 114,660 shares of the company’s stock, valued at approximately $13,141,182.60. The disclosure for this sale can be found here. Insiders sold 269,412 shares of company stock valued at $7,914,139 in the last three months. Corporate insiders own 12.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on AMZN shares. Piper Sandler cut their target price on Amazon.com from $175.00 to $125.00 and set an “overweight” rating on the stock in a research note on Friday, October 28th. Erste Group Bank lowered Amazon.com from a “buy” rating to a “hold” rating in a research note on Friday. UBS Group increased their target price on Amazon.com from $167.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, July 29th. Deutsche Bank Aktiengesellschaft cut their target price on Amazon.com from $150.00 to $130.00 and set a “buy” rating on the stock in a research note on Friday, October 28th. Finally, MKM Partners dropped their price target on Amazon.com to $145.00 in a research report on Tuesday, November 1st. Two analysts have rated the stock with a sell rating, three have given a hold rating and forty-two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $150.89.

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.

Featured Articles

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNGet Rating).

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

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.