Wilson & Boucher Capital Management LLC Raises Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Wilson & Boucher Capital Management LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,410 shares of the e-commerce giant’s stock after purchasing an additional 200 shares during the quarter. Wilson & Boucher Capital Management LLC’s holdings in Amazon.com were worth $611,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bridgefront Capital LLC purchased a new position in Amazon.com during the first quarter worth approximately $228,000. Krane Funds Advisors LLC raised its holdings in shares of Amazon.com by 239.1% during the first quarter. Krane Funds Advisors LLC now owns 78 shares of the e-commerce giant’s stock valued at $254,000 after acquiring an additional 55 shares during the last quarter. Range Financial Group LLC acquired a new position in shares of Amazon.com during the first quarter valued at approximately $258,000. My Personal CFO LLC acquired a new position in shares of Amazon.com during the first quarter valued at approximately $261,000. Finally, Sutton Place Investors LLC acquired a new position in shares of Amazon.com during the first quarter valued at approximately $234,000. Hedge funds and other institutional investors own 57.64% of the company’s stock.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 3,500 shares of Amazon.com stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $94.00, for a total transaction of $329,000.00. Following the sale, the vice president now owns 119,780 shares in the company, valued at $11,259,320. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, VP Shelley Reynolds sold 3,500 shares of the business’s stock in a transaction dated Monday, November 21st. The stock was 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 in the company, valued at approximately $11,259,320. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 8,380 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 value of $787,720.00. Following the completion of the transaction, the senior vice president now owns 76,980 shares in the company, valued at approximately $7,236,120. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 52,948 shares of company stock worth $5,135,922. Corporate insiders own 12.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMZN. Rosenblatt Securities reduced their target price on Amazon.com from $118.00 to $103.00 and set a “neutral” rating for the company in a report on Monday, November 14th. Mizuho reduced their target price on Amazon.com from $155.00 to $135.00 and set a “buy” rating for the company in a report on Friday, October 28th. New Street Research began coverage on Amazon.com in a report on Wednesday, January 4th. They issued a “buy” rating and a $130.00 price target for the company. Sanford C. Bernstein cut their price target on Amazon.com from $150.00 to $125.00 and set an “outperform” rating for the company in a report on Friday, October 28th. Finally, JPMorgan Chase & Co. cut their price target on Amazon.com from $145.00 to $130.00 and set an “overweight” rating for the company in a report on Friday, December 16th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and forty-two have issued a buy rating to the company. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $146.29.

Amazon.com Stock Up 3.0 %

AMZN opened at $98.12 on Friday. The business’s 50-day simple moving average is $90.39 and its 200-day simple moving average is $110.70. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.68 and a current ratio of 0.94. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $170.83. The stock has a market capitalization of $1.00 trillion, a P/E ratio of 90.06, a price-to-earnings-growth ratio of 2.74 and a beta of 1.22.

Amazon.com (NASDAQ:AMZNGet Rating) last posted its earnings results on Thursday, October 27th. The e-commerce giant reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). Amazon.com had a return on equity of 14.44% and a net margin of 2.25%. The firm had revenue of $127.10 billion for the quarter, compared to analyst estimates of $127.47 billion. During the same quarter last year, the firm posted $0.31 EPS. The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. Analysts anticipate that Amazon.com, Inc. will post 0.69 EPS for the current year.

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.

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

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