Amazon.com, Inc. (NASDAQ:AMZN) is Slow Capital Inc.’s 7th Largest Position

Slow Capital Inc. reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,405 shares of the e-commerce giant’s stock after selling 198 shares during the period. Amazon.com comprises about 3.3% of Slow Capital Inc.’s holdings, making the stock its 7th largest holding. Slow Capital Inc.’s holdings in Amazon.com were worth $17,618,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Lipe & Dalton lifted its holdings in Amazon.com by 4.0% during the 4th quarter. Lipe & Dalton now owns 104 shares of the e-commerce giant’s stock worth $347,000 after buying an additional 4 shares during the last quarter. Mokosak Advisory Group LLC increased its position in shares of Amazon.com by 5.8% during the fourth quarter. Mokosak Advisory Group LLC now owns 73 shares of the e-commerce giant’s stock worth $244,000 after purchasing an additional 4 shares in the last quarter. Palisades Hudson Asset Management L.P. increased its position in shares of Amazon.com by 0.6% during the fourth quarter. Palisades Hudson Asset Management L.P. now owns 673 shares of the e-commerce giant’s stock worth $2,244,000 after purchasing an additional 4 shares in the last quarter. BHK Investment Advisors LLC increased its position in shares of Amazon.com by 1.1% during the fourth quarter. BHK Investment Advisors LLC now owns 375 shares of the e-commerce giant’s stock worth $1,250,000 after purchasing an additional 4 shares in the last quarter. Finally, Navalign LLC increased its position in shares of Amazon.com by 0.7% during the fourth quarter. Navalign LLC now owns 575 shares of the e-commerce giant’s stock worth $1,917,000 after purchasing an additional 4 shares in the last quarter. 72.51% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Up 2.2 %

Shares of NASDAQ AMZN opened at $142.57 on Friday. Amazon.com, Inc. has a 12-month low of $101.26 and a 12-month high of $188.11. The company has a market cap of $1.45 trillion, a P/E ratio of 127.81, a P/E/G ratio of 6.11 and a beta of 1.33. The company has a current ratio of 0.95, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. The stock has a fifty day moving average price of $116.58 and a 200 day moving average price of $134.61.

Amazon.com (NASDAQ:AMZNGet Rating) last announced its quarterly earnings results on Thursday, July 28th. The e-commerce giant reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.35). The company had revenue of $121.23 billion during the quarter, compared to analyst estimates of $119.16 billion. Amazon.com had a net margin of 2.39% and a return on equity of 15.79%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 earnings per share. Research analysts anticipate that Amazon.com, Inc. will post 0.97 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 173 shares of the company’s stock in a transaction dated 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 transaction, the vice president now directly 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 other Amazon.com news, VP Shelley Reynolds sold 173 shares of the company’s stock in a transaction dated 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 transaction, the vice president now directly 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. Also, SVP David Zapolsky sold 418 shares of the company’s stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total transaction of $906,733.96. Following the completion of the transaction, the senior vice president now directly owns 3,537 shares of the company’s stock, 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 ninety days. Insiders own 12.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. The Goldman Sachs Group reiterated a “buy” rating and set a $175.00 target price on shares of Amazon.com in a research report on Thursday. Telsey Advisory Group lifted their target price on Amazon.com from $145.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, July 29th. Oppenheimer cut their target price on Amazon.com from $175.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, July 25th. UBS Group boosted their price target on Amazon.com from $167.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, July 29th. Finally, Jefferies Financial Group dropped their price target on Amazon.com from $163.00 to $150.00 in a research report on Wednesday, July 20th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and thirty-six have assigned a buy rating to the stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $178.11.

Amazon.com 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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