Amazon.com, Inc. (NASDAQ:AMZN) Stake Boosted by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 10,597 shares of the e-commerce giant’s stock after purchasing an additional 410 shares during the period. Amazon.com accounts for about 2.5% of Moody Lynn & Lieberson LLC’s portfolio, making the stock its 8th biggest position. Moody Lynn & Lieberson LLC’s holdings in Amazon.com were worth $34,546,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of AMZN. State Street Corp grew its holdings in shares of Amazon.com by 4.3% during the fourth quarter. State Street Corp now owns 17,021,616 shares of the e-commerce giant’s stock valued at $56,755,855,000 after buying an additional 698,970 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Amazon.com by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 7,193,360 shares of the e-commerce giant’s stock valued at $23,917,115,000 after buying an additional 195,716 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Amazon.com by 14.1% during the fourth quarter. Capital Research Global Investors now owns 4,574,546 shares of the e-commerce giant’s stock valued at $15,253,179,000 after buying an additional 564,699 shares during the last quarter. Norges Bank purchased a new stake in shares of Amazon.com during the fourth quarter valued at $14,053,756,000. Finally, Castleview Partners LLC purchased a new stake in shares of Amazon.com during the fourth quarter valued at $1,143,000. 72.51% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Shelley Reynolds sold 173 shares of the stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total value of $375,275.06. Following the completion of the sale, the vice president now owns 5,989 shares of the company’s stock, valued at approximately $12,991,458.58. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, VP Shelley Reynolds sold 173 shares of the stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total transaction of $375,275.06. Following the completion of the transaction, the vice president now owns 5,989 shares of the company’s stock, valued at approximately $12,991,458.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 418 shares of the stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $2,169.22, for a total transaction of $906,733.96. Following the sale, the senior vice president now owns 3,537 shares in the company, valued at $7,672,531.14. The disclosure for this sale can be found here. Insiders sold a total of 4,803 shares of company stock valued at $10,528,337 in the last 90 days. Company insiders own 12.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. BNP Paribas assumed coverage on shares of Amazon.com in a report on Tuesday, March 29th. They set an “underperform” rating and a $140.00 price objective on the stock. Loop Capital dropped their price objective on shares of Amazon.com from $187.50 to $141.25 and set a “buy” rating on the stock in a report on Friday, May 27th. Morgan Stanley decreased their target price on shares of Amazon.com from $210.00 to $190.00 in a research report on Friday, April 29th. Monness Crespi & Hardt decreased their target price on shares of Amazon.com from $225.00 to $185.00 and set a “buy” rating for the company in a research report on Friday, April 29th. Finally, Barclays decreased their target price on shares of Amazon.com to $195.00 and set an “overweight” rating for the company in a research report on Friday, July 15th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and thirty-eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $181.31.

Amazon.com Stock Down 1.8 %

Shares of NASDAQ AMZN opened at $122.42 on Friday. The company has a 50-day moving average of $112.81 and a 200 day moving average of $136.51. Amazon.com, Inc. has a 12-month low of $101.26 and a 12-month high of $188.11. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.35. The stock has a market cap of $1.25 trillion, a PE ratio of 59.10, a P/E/G ratio of 4.25 and a beta of 1.25.

Amazon.com (NASDAQ:AMZNGet Rating) last posted its quarterly earnings results on Thursday, April 28th. The e-commerce giant reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.23). Amazon.com had a net margin of 4.48% and a return on equity of 21.60%. The firm had revenue of $116.44 billion during the quarter, compared to analysts’ expectations of $116.52 billion. During the same period last year, the company earned $0.79 EPS. The business’s quarterly revenue was up 7.3% on a year-over-year basis. As a group, sell-side analysts predict that Amazon.com, Inc. will post 1.13 EPS for the current fiscal year.

Amazon.com Company Profile

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

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

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