CKW Financial Group Acquires 1,281 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

CKW Financial Group grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1,911.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,348 shares of the e-commerce giant’s stock after buying an additional 1,281 shares during the quarter. CKW Financial Group’s holdings in Amazon.com were worth $148,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Sage Financial Management Group Inc. boosted its position in Amazon.com by 6.5% during the first quarter. Sage Financial Management Group Inc. now owns 66 shares of the e-commerce giant’s stock worth $215,000 after acquiring an additional 4 shares during the last quarter. BlackDiamond Wealth Management Inc. boosted its position in Amazon.com by 1.9% during the first quarter. BlackDiamond Wealth Management Inc. now owns 217 shares of the e-commerce giant’s stock worth $707,000 after acquiring an additional 4 shares during the last quarter. BCGM Wealth Management LLC boosted its position in Amazon.com by 3.0% during the first quarter. BCGM Wealth Management LLC now owns 172 shares of the e-commerce giant’s stock worth $428,000 after acquiring an additional 5 shares during the last quarter. Aspire Wealth Management Corp boosted its position in Amazon.com by 2.4% during the first quarter. Aspire Wealth Management Corp now owns 216 shares of the e-commerce giant’s stock worth $704,000 after acquiring an additional 5 shares during the last quarter. Finally, Lakeside Advisors INC. boosted its position in Amazon.com by 7.5% during the first quarter. Lakeside Advisors INC. now owns 72 shares of the e-commerce giant’s stock worth $235,000 after acquiring an additional 5 shares during the last quarter. Hedge funds and other institutional investors own 57.15% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 520 shares of the business’s stock in a transaction dated Wednesday, September 14th. The shares were sold at an average price of $127.43, for a total transaction of $66,263.60. Following the completion of the transaction, the chief executive officer now directly owns 115,680 shares of the company’s stock, valued at approximately $14,741,102.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 520 shares of the business’s stock in a transaction dated Wednesday, September 14th. The shares were sold at an average price of $127.43, for a total transaction of $66,263.60. Following the completion of the transaction, the chief executive officer now directly owns 115,680 shares of the company’s stock, valued at approximately $14,741,102.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 7,456 shares of the business’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $94.00, for a total transaction of $700,864.00. Following the transaction, the chief executive officer now directly owns 533,435 shares of the company’s stock, valued at $50,142,890. The disclosure for this sale can be found here. Insiders sold 303,988 shares of company stock valued at $11,164,283 in the last ninety days. Company insiders own 12.70% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of research analyst reports. Mizuho decreased their price target on shares of Amazon.com from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Wedbush decreased their price target on shares of Amazon.com from $175.00 to $140.00 and set an “outperform” rating on the stock in a report on Friday, October 28th. Sanford C. Bernstein decreased their price target on shares of Amazon.com from $150.00 to $125.00 and set an “outperform” rating on the stock in a report on Friday, October 28th. Jefferies Financial Group decreased their price target on shares of Amazon.com from $165.00 to $135.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Finally, Royal Bank of Canada decreased their price target on shares of Amazon.com from $175.00 to $135.00 and set an “outperform” rating on the stock in a report on Friday, October 28th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and forty-one have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.40.

Amazon.com Trading Up 1.0 %

NASDAQ AMZN opened at $94.13 on Friday. Amazon.com, Inc. has a one year low of $85.87 and a one year high of $181.68. The company has a 50-day simple moving average of $108.44 and a 200-day simple moving average of $116.60. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.68 and a current ratio of 0.94. The firm has a market capitalization of $960.28 billion, a PE ratio of 86.40, a price-to-earnings-growth ratio of 6.23 and a beta of 1.23.

Amazon.com (NASDAQ:AMZNGet Rating) last posted its quarterly earnings results on Thursday, October 27th. The e-commerce giant reported $0.28 EPS for the quarter, beating the consensus estimate of $0.22 by $0.06. The business had revenue of $127.10 billion during the quarter, compared to analyst estimates of $127.47 billion. Amazon.com had a net margin of 2.25% and a return on equity of 14.44%. The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.31 EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 0.74 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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