DHJJ Financial Advisors Ltd. Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

DHJJ Financial Advisors Ltd. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1,907.7% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 4,979 shares of the e-commerce giant’s stock after buying an additional 4,731 shares during the period. DHJJ Financial Advisors Ltd.’s holdings in Amazon.com were worth $529,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Elkhorn Partners Limited Partnership raised its holdings in Amazon.com by 800.0% during the first quarter. Elkhorn Partners Limited Partnership now owns 18 shares of the e-commerce giant’s stock worth $59,000 after purchasing an additional 16 shares in the last quarter. Dravo Bay LLC purchased a new position in Amazon.com during the first quarter worth about $72,000. Cordant Inc. purchased a new position in Amazon.com during the first quarter worth about $150,000. Moisand Fitzgerald Tamayo LLC raised its holdings in Amazon.com by 36.1% during the first quarter. Moisand Fitzgerald Tamayo LLC now owns 49 shares of the e-commerce giant’s stock worth $160,000 after purchasing an additional 13 shares in the last quarter. Finally, Evolution Advisers Inc. raised its holdings in Amazon.com by 900.0% during the first quarter. Evolution Advisers Inc. now owns 50 shares of the e-commerce giant’s stock worth $162,000 after purchasing an additional 45 shares in the last quarter. 57.15% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, major shareholder Amazon Com Inc sold 250,000 shares of the firm’s stock in a transaction on Friday, October 7th. The shares were sold at an average price of $23.61, for a total value of $5,902,500.00. Following the transaction, the insider now owns 14,178,445 shares of the company’s stock, valued at approximately $334,753,086.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, VP Shelley Reynolds sold 3,500 shares of the firm’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $94.00, for a total value of $329,000.00. Following the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $11,259,320. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Amazon Com Inc sold 250,000 shares of the firm’s stock in a transaction on Friday, October 7th. The shares were sold at an average price of $23.61, for a total transaction of $5,902,500.00. Following the completion of the transaction, the insider now directly owns 14,178,445 shares in the company, valued at approximately $334,753,086.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 303,988 shares of company stock valued at $11,164,283. Company insiders own 12.70% of the company’s stock.

Amazon.com Stock Up 1.0 %

Shares of AMZN opened at $94.13 on Friday. The firm has a market cap 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. The company’s fifty day moving average is $108.44 and its two-hundred day moving average is $116.60. Amazon.com, Inc. has a fifty-two week low of $85.87 and a fifty-two week high of $181.68. The company has a quick ratio of 0.68, a current ratio of 0.94 and a debt-to-equity ratio of 0.43.

Amazon.com (NASDAQ:AMZNGet Rating) last announced its quarterly earnings results on Thursday, October 27th. The e-commerce giant reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. The company had revenue of $127.10 billion for 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%. Amazon.com’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter last year, the business earned $0.31 EPS. Analysts forecast that Amazon.com, Inc. will post 0.74 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on AMZN shares. Atlantic Securities cut their price target on shares of Amazon.com from $160.00 to $120.00 and set an “overweight” rating for the company in a report on Friday, October 28th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $175.00 target price on shares of Amazon.com in a report on Thursday, August 4th. Canaccord Genuity Group increased their target price on shares of Amazon.com from $185.00 to $200.00 in a report on Friday, July 29th. MKM Partners dropped their target price on shares of Amazon.com to $145.00 in a report on Tuesday, November 1st. Finally, Wolfe Research dropped their target price on shares of Amazon.com from $150.00 to $130.00 and set an “outperform” rating for the company in a report on Friday, October 28th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and forty-one have issued a buy rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $149.40.

Amazon.com Company Profile

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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.

See Also

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

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