One Charles Private Wealth Services LLC Acquires 761 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

One Charles Private Wealth Services LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,237 shares of the e-commerce giant’s stock after buying an additional 761 shares during the quarter. One Charles Private Wealth Services LLC’s holdings in Amazon.com were worth $860,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Fiduciary Planning LLC boosted its holdings in shares of Amazon.com by 1.5% in the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock valued at $1,138,000 after buying an additional 5 shares during the period. HBC Financial Services PLLC lifted its position in shares of Amazon.com by 0.8% in the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock worth $1,717,000 after purchasing an additional 5 shares in the last quarter. Meridian Investment Counsel Inc. lifted its position in shares of Amazon.com by 3.4% in the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock worth $492,000 after purchasing an additional 5 shares in the last quarter. Alterna Wealth Management Inc. lifted its position in shares of Amazon.com by 1.8% in the first quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $942,000 after purchasing an additional 5 shares in the last quarter. Finally, Archetype Wealth Partners lifted its position in shares of Amazon.com by 3.7% in the first quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock worth $552,000 after purchasing an additional 6 shares in the last quarter. 57.64% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Down 1.7 %

Shares of Amazon.com stock opened at $110.26 on Friday. Amazon.com, Inc. has a 52-week low of $81.43 and a 52-week high of $146.57. The stock’s 50-day simple moving average is $101.42 and its 200 day simple moving average is $96.72. The stock has a market capitalization of $1.13 trillion, a P/E ratio of 262.52, a P/E/G ratio of 3.73 and a beta of 1.26. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.69 and a current ratio of 0.92.

Amazon.com (NASDAQ:AMZN – Get Rating) last announced its quarterly earnings data on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. Amazon.com had a return on equity of 5.85% and a net margin of 0.82%. The business had revenue of $127.36 billion for the quarter, compared to analysts’ expectations of $124.57 billion. During the same period in the previous year, the business posted $0.21 EPS. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, research analysts anticipate that Amazon.com, Inc. will post 1.54 EPS for the current year.

Insider Activity

In other Amazon.com news, CEO Adam Selipsky sold 2,299 shares of the company’s stock in a transaction that occurred on Tuesday, March 21st. The stock was sold at an average price of $100.34, for a total value of $230,681.66. Following the completion of the sale, the chief executive officer now owns 138,320 shares of the company’s stock, valued at $13,879,028.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Amazon.com news, VP Shelley Reynolds sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $94.91, for a total value of $332,185.00. Following the completion of the sale, the vice president now owns 119,780 shares in the company, valued at $11,368,319.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Adam Selipsky sold 2,299 shares of the business’s stock in a transaction that occurred on Tuesday, March 21st. The shares were sold at an average price of $100.34, for a total value of $230,681.66. Following the completion of the sale, the chief executive officer now owns 138,320 shares of the company’s stock, valued at approximately $13,879,028.80. The disclosure for this sale can be found here. Insiders have sold a total of 74,133 shares of company stock worth $7,233,467 over the last ninety days. Company insiders own 12.30% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of several analyst reports. Piper Sandler upped their price target on shares of Amazon.com from $123.00 to $130.00 in a research report on Friday, April 28th. Mizuho upped their price target on shares of Amazon.com from $135.00 to $145.00 in a research report on Friday, April 28th. Evercore ISI dropped their price objective on shares of Amazon.com from $160.00 to $155.00 and set an “outperform” rating on the stock in a research report on Monday, April 3rd. Roth Capital reissued a “buy” rating on shares of Amazon.com in a research report on Friday, February 3rd. Finally, Rosenblatt Securities increased their price objective on shares of Amazon.com from $106.00 to $111.00 in a research report on Friday, April 28th. Three analysts have rated the stock with a hold rating and forty-one have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $143.12.

Amazon.com Profile

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.