Bryant Woods Investment Advisors LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,055 shares of the e-commerce giant’s stock after acquiring an additional 540 shares during the quarter. Amazon.com accounts for approximately 0.6% of Bryant Woods Investment Advisors LLC’s portfolio, making the stock its 22nd largest holding. Bryant Woods Investment Advisors LLC’s holdings in Amazon.com were worth $677,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in AMZN. McElhenny Sheffield Capital Management LLC purchased a new stake in Amazon.com during the fourth quarter valued at about $27,000. Retirement Financial Solutions LLC purchased a new stake in Amazon.com during the fourth quarter valued at about $32,000. Laurel Wealth Planning LLC boosted its position in Amazon.com by 1,900.0% during the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after buying an additional 304 shares during the period. Swaine & Leidel Wealth Services LLC purchased a new stake in Amazon.com during the first quarter valued at about $38,000. Finally, Cowa LLC purchased a new stake in Amazon.com during the third quarter valued at about $40,000. Institutional investors own 57.64% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. Barclays dropped their target price on shares of Amazon.com from $150.00 to $140.00 in a report on Friday, April 28th. JMP Securities reiterated a “market outperform” rating and set a $140.00 target price on shares of Amazon.com in a report on Wednesday, April 19th. Robert W. Baird increased their target price on shares of Amazon.com from $125.00 to $130.00 in a report on Friday, April 28th. Truist Financial increased their target price on shares of Amazon.com from $142.00 to $144.00 in a report on Wednesday, April 12th. Finally, Morgan Stanley increased their target price on shares of Amazon.com from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Friday, February 3rd. Three research analysts have rated the stock with a hold rating and forty-one have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $143.12.
Insiders Place Their Bets
Amazon.com Price Performance
Shares of AMZN opened at $116.25 on Monday. The company has a market capitalization of $1.19 trillion, a P/E ratio of 276.79, a price-to-earnings-growth ratio of 4.11 and a beta of 1.26. The company has a quick ratio of 0.69, a current ratio of 0.92 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average of $103.63 and a 200 day moving average of $97.07. Amazon.com, Inc. has a twelve month low of $81.43 and a twelve month high of $146.57.
Amazon.com (NASDAQ:AMZN – Get Rating) last posted its earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.09. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The business had revenue of $127.36 billion during the quarter, compared to the consensus estimate of $124.57 billion. During the same quarter in the previous year, the firm posted $0.21 EPS. The firm’s revenue was up 9.4% on a year-over-year basis. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 1.57 earnings per share for the current fiscal year.
About Amazon.com
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.
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