Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 36.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 174,175 shares of the e-commerce giant’s stock after purchasing an additional 46,691 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Amazon.com were worth $26,464,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PayPay Securities Corp grew its position in shares of Amazon.com by 54.3% during the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Amazon.com by 45.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after acquiring an additional 86 shares during the period. Strid Group LLC acquired a new stake in shares of Amazon.com during the 4th quarter valued at about $43,000. Harbor Investment Advisory LLC grew its position in shares of Amazon.com by 0.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 1,988 shares during the period. Finally, Authentikos Wealth Advisory LLC acquired a new stake in shares of Amazon.com during the 3rd quarter valued at about $49,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Down 0.2 %

Amazon.com stock opened at $180.75 on Friday. The firm has a 50 day moving average price of $182.04 and a 200 day moving average price of $166.06. The company has a market capitalization of $1.88 trillion, a PE ratio of 50.63, a price-to-earnings-growth ratio of 1.31 and a beta of 1.15. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. Amazon.com, Inc. has a fifty-two week low of $114.31 and a fifty-two week high of $191.70.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, topping the consensus estimate of $0.83 by $0.15. The business had revenue of $143.31 billion during the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 earnings per share. Research analysts expect that Amazon.com, Inc. will post 4.72 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on AMZN. Rosenblatt Securities restated a “buy” rating and set a $220.00 target price on shares of Amazon.com in a research report on Wednesday, May 1st. Oppenheimer lifted their price objective on Amazon.com from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. Susquehanna lifted their price objective on Amazon.com from $185.00 to $220.00 and gave the stock a “positive” rating in a report on Friday, February 2nd. Moffett Nathanson reiterated a “buy” rating and issued a $228.00 price objective on shares of Amazon.com in a report on Thursday, April 11th. Finally, Benchmark reiterated a “buy” rating and issued a $200.00 price objective on shares of Amazon.com in a report on Wednesday, May 1st. One research analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $211.62.

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.44, for a total value of $3,771,048.96. Following the completion of the transaction, the chief executive officer now owns 2,025,358 shares in the company, valued at $367,480,955.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, Director Jonathan Rubinstein sold 5,556 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,000,080.00. Following the completion of the transaction, the director now owns 109,664 shares in the company, valued at $19,739,520. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $181.44, for a total transaction of $3,771,048.96. Following the transaction, the chief executive officer now owns 2,025,358 shares of the company’s stock, valued at approximately $367,480,955.52. The disclosure for this sale can be found here. Insiders sold a total of 117,894 shares of company stock worth $21,363,909 over the last 90 days. Corporate insiders own 10.80% of the company’s stock.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.