Warwick Investment Management Inc. Has $401,000 Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Warwick Investment Management Inc. raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 50.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,773 shares of the e-commerce giant’s stock after acquiring an additional 1,607 shares during the quarter. Warwick Investment Management Inc.’s holdings in Amazon.com were worth $401,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. McElhenny Sheffield Capital Management LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at $27,000. Retirement Financial Solutions LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at $32,000. Laurel Wealth Planning LLC boosted its stake in shares of Amazon.com by 1,900.0% in the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 304 shares during the last quarter. Swaine & Leidel Wealth Services LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at $38,000. Finally, Cowa LLC bought a new stake in shares of Amazon.com in the 3rd quarter valued at $40,000. 57.64% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $116.25 on Monday. 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 market capitalization of $1.19 trillion, a PE ratio of 276.79, a P/E/G ratio of 4.11 and a beta of 1.26. Amazon.com, Inc. has a twelve month low of $81.43 and a twelve month high of $146.57. The company has a 50-day moving average price of $103.63 and a two-hundred day moving average price of $97.07.

Amazon.com (NASDAQ:AMZN – Get Rating) last issued its earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.09. The firm had revenue of $127.36 billion during the quarter, compared to analyst estimates of $124.57 billion. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The company’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the business earned $0.21 earnings per share. Equities analysts forecast that Amazon.com, Inc. will post 1.57 EPS for the current year.

Insider Activity

In other news, VP Shelley Reynolds sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $94.91, for a total value of $332,185.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $11,368,319.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, VP Shelley Reynolds sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $94.91, for a total value of $332,185.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $11,368,319.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Adam Selipsky sold 10,760 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $110.33, for a total transaction of $1,187,150.80. Following the completion of the transaction, the chief executive officer now owns 150,120 shares of the company’s stock, valued at $16,562,739.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 61,019 shares of company stock worth $6,053,511. 12.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Truist Financial upped their price objective on shares of Amazon.com from $142.00 to $144.00 in a research note on Wednesday, April 12th. Credit Suisse Group cut their target price on shares of Amazon.com from $150.00 to $140.00 in a research note on Tuesday, April 25th. Susquehanna increased their target price on shares of Amazon.com from $140.00 to $150.00 and gave the stock a “positive” rating in a research note on Friday, February 3rd. Robert W. Baird increased their target price on shares of Amazon.com from $125.00 to $130.00 in a research note on Friday, April 28th. Finally, Wells Fargo & Company cut their target price on shares of Amazon.com from $155.00 to $145.00 in a research note on Friday, February 3rd. Three investment analysts have rated the stock with a hold rating and forty-one have given a buy rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target 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.