DDFG Inc Has $459,000 Stake in Amazon.com, Inc. (NASDAQ:AMZN)

DDFG Inc trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% in the third quarter, Holdings Channel reports. The firm owned 3,610 shares of the e-commerce giant’s stock after selling 81 shares during the quarter. DDFG Inc’s holdings in Amazon.com were worth $459,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Mayflower Financial Advisors LLC lifted its position in shares of Amazon.com by 0.3% in 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 last quarter. PayPay Securities Corp lifted its position in shares of Amazon.com by 54.3% in 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 last quarter. Laurel Wealth Planning LLC lifted its position in shares of Amazon.com by 1,900.0% in 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 last quarter. Sanctuary Wealth Management L.L.C. acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $37,000. Finally, Swaine & Leidel Wealth Services LLC acquired a new stake in shares of Amazon.com in the first quarter valued at approximately $38,000. 57.96% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 3,120 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $143.19, for a total value of $446,752.80. Following the sale, the vice president now owns 119,780 shares in the company, valued at approximately $17,151,298.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Amazon.com news, insider Jeffrey P. Bezos sold 5,998,849 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the sale, the insider now owns 982,252,968 shares in the company, valued at approximately $167,140,165,034.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Shelley Reynolds sold 3,120 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $143.19, for a total value of $446,752.80. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $17,151,298.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 6,080,878 shares of company stock worth $1,033,083,657. Insiders own 12.30% of the company’s stock.

Amazon.com Trading Up 2.7 %

Shares of AMZN stock opened at $174.45 on Friday. The firm has a market capitalization of $1.81 trillion, a P/E ratio of 60.16, a P/E/G ratio of 1.50 and a beta of 1.14. Amazon.com, Inc. has a twelve month low of $88.12 and a twelve month high of $175.00. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The stock’s fifty day simple moving average is $154.41 and its 200 day simple moving average is $142.11.

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

Analyst Ratings Changes

A number of analysts have recently issued reports on AMZN shares. UBS Group raised their price objective on Amazon.com from $180.00 to $198.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Rosenblatt Securities raised their price objective on Amazon.com from $184.00 to $185.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Monness Crespi & Hardt raised their price objective on Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Barclays lifted their price target on Amazon.com from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. Finally, Bank of America lifted their price target on Amazon.com from $185.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and an average target price of $197.95.

View Our Latest Research Report on Amazon.com

Amazon.com 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.

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

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