Advisor OS LLC Boosts Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Advisor OS LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 8.3% in the third quarter, HoldingsChannel.com reports. The fund owned 36,701 shares of the e-commerce giant’s stock after purchasing an additional 2,812 shares during the period. Amazon.com accounts for 0.7% of Advisor OS LLC’s holdings, making the stock its 25th biggest position. Advisor OS LLC’s holdings in Amazon.com were worth $4,665,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Mayflower Financial Advisors LLC grew its position in Amazon.com by 0.3% during the third quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock valued at $25,000 after buying an additional 572 shares during the period. PayPay Securities Corp grew its position in Amazon.com by 54.3% during the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after buying an additional 94 shares during the period. Laurel Wealth Planning LLC grew 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. Sanctuary Wealth Management L.L.C. bought a new stake in Amazon.com during the fourth quarter valued at approximately $37,000. Finally, Swaine & Leidel Wealth Services LLC bought a new stake in Amazon.com during the first quarter valued at approximately $38,000. 57.96% of the stock is currently owned by institutional investors.

Amazon.com Trading Up 2.7 %

AMZN stock opened at $174.45 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. Amazon.com, Inc. has a twelve month low of $88.12 and a twelve month high of $175.00. The stock has a market capitalization of $1.81 trillion, a price-to-earnings ratio of 60.16, a price-to-earnings-growth ratio of 1.50 and a beta of 1.14. The firm’s fifty day simple moving average is $154.41 and its two-hundred day simple moving average is $142.11.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business had revenue of $169.96 billion for the quarter, compared to analysts’ expectations of $165.96 billion. During the same quarter in the previous year, the business posted $0.21 earnings per share. The business’s revenue was up 13.9% compared to the same quarter last year. As a group, analysts anticipate that Amazon.com, Inc. will post 4.03 earnings per share for the current year.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 20,200 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total value of $3,433,798.00. Following the transaction, the chief executive officer now directly owns 514,131 shares in the company, valued at $87,397,128.69. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the transaction, the insider now directly owns 982,252,968 shares in the company, valued at $167,140,165,034.88. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 20,200 shares of the stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $169.99, for a total transaction of $3,433,798.00. Following the transaction, the chief executive officer now owns 514,131 shares in the company, valued at $87,397,128.69. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,080,878 shares of company stock worth $1,033,083,657. Insiders own 12.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AMZN shares. Piper Sandler upped their price target on shares of Amazon.com from $185.00 to $205.00 and gave the stock an “overweight” rating in a research report on Friday, February 2nd. JPMorgan Chase & Co. upped their price target on shares of Amazon.com from $190.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, February 2nd. JMP Securities upped their price target on shares of Amazon.com from $175.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, February 2nd. Susquehanna upped their price target on shares of Amazon.com from $185.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday, February 2nd. Finally, Needham & Company LLC upped their price target on shares of Amazon.com from $175.00 to $205.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average price target of $197.95.

Get Our Latest Stock Analysis on Amazon.com

Amazon.com Company Profile

(Free Report)

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.

See Also

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

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