Moisand Fitzgerald Tamayo LLC Boosts Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Moisand Fitzgerald Tamayo LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,454 shares of the e-commerce giant’s stock after purchasing an additional 118 shares during the quarter. Moisand Fitzgerald Tamayo LLC’s holdings in Amazon.com were worth $277,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMZN. Bridgefront Capital LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $228,000. Krane Funds Advisors LLC increased its holdings in shares of Amazon.com by 239.1% in the 1st 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 bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $258,000. My Personal CFO LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $261,000. Finally, Worth Asset Management LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $191,000. 57.64% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research analyst reports. Cowen lowered their price target on Amazon.com from $160.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday, January 11th. Atlantic Securities reduced their price objective on Amazon.com from $160.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday, October 28th. Sanford C. Bernstein reduced their price objective on Amazon.com from $150.00 to $125.00 and set an “outperform” rating for the company in a research report on Friday, October 28th. The Goldman Sachs Group reduced their price objective on Amazon.com from $165.00 to $145.00 and set a “buy” rating for the company in a research report on Friday, January 13th. Finally, Citigroup reduced their price objective on Amazon.com from $185.00 to $145.00 and set a “buy” rating for the company in a research report on Friday, October 28th. Two equities research 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 stock. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average target price of $145.87.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 7,456 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 $700,864.00. Following the transaction, the chief executive officer now owns 533,435 shares in the company, valued at $50,142,890. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Amazon.com news, CEO Douglas J. Herrington sold 7,456 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 $700,864.00. Following the transaction, the chief executive officer now owns 533,435 shares in the company, valued at $50,142,890. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 15,787 shares of the business’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $103.10, for a total value of $1,627,639.70. Following the completion of the transaction, the chief executive officer now owns 522,251 shares in the company, valued at approximately $53,844,078.10. The disclosure for this sale can be found here. Insiders have sold 52,428 shares of company stock worth $5,077,578 over the last 90 days. 12.70% of the stock is currently owned by corporate insiders.

Amazon.com Stock Up 3.8 %

NASDAQ:AMZN opened at $97.25 on Friday. The firm has a market capitalization of $992.11 billion, a price-to-earnings ratio of 89.26, a PEG ratio of 3.09 and a beta of 1.22. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $170.83. The company has a current ratio of 0.94, a quick ratio of 0.68 and a debt-to-equity ratio of 0.43. The business’s fifty day moving average price is $90.72 and its 200 day moving average price is $110.28.

Amazon.com (NASDAQ:AMZNGet Rating) last posted its quarterly earnings results on Thursday, October 27th. The e-commerce giant reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). The business 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%. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.31 earnings per share. On average, sell-side analysts forecast that Amazon.com, Inc. will post 0.68 earnings per share for the current fiscal year.

Amazon.com Company Profile

(Get Rating)

Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North American-focused websites such as www.amazon.com and www.amazon.ca.

Recommended Stories

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.