Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Raised by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,085,609 shares of the e-commerce giant’s stock after buying an additional 26,468 shares during the quarter. Amazon.com accounts for 2.6% of Ensign Peak Advisors Inc’s portfolio, making the stock its 3rd largest position. Ensign Peak Advisors Inc owned about 0.09% of Amazon.com worth $1,026,674,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMZN. Iron Horse Wealth Management LLC raised its position in Amazon.com by 4,540.0% in the second quarter. Iron Horse Wealth Management LLC now owns 232 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 227 shares during the period. Wells Financial Advisors INC raised its position in Amazon.com by 1,900.0% in the second quarter. Wells Financial Advisors INC now owns 280 shares of the e-commerce giant’s stock worth $30,000 after acquiring an additional 266 shares during the period. Knott David M Jr bought a new position in Amazon.com in the second quarter worth approximately $32,000. Laurel Wealth Planning LLC raised its position in 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 worth $34,000 after acquiring an additional 304 shares during the period. Finally, Baron Financial Group LLC raised its position in Amazon.com by 1,900.0% in the second quarter. Baron Financial Group LLC now owns 360 shares of the e-commerce giant’s stock worth $38,000 after acquiring an additional 342 shares during the period. Institutional investors own 57.64% of the company’s stock.

Amazon.com Trading Up 1.9 %

Shares of AMZN opened at $92.43 on Tuesday. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $170.83. The company has a 50-day moving average of $96.01 and a 200 day moving average of $102.24. The firm has a market capitalization of $947.15 billion, a price-to-earnings ratio of -344.88, a PEG ratio of 3.74 and a beta of 1.25. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.72.

Amazon.com (NASDAQ:AMZN – Get Rating) last posted its quarterly earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.12). Amazon.com had a negative net margin of 0.53% and a positive return on equity of 5.33%. The business had revenue of $149.20 billion during the quarter, compared to the consensus estimate of $145.72 billion. During the same quarter in the prior year, the firm posted $1.39 EPS. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, research analysts expect that Amazon.com, Inc. will post 1.34 EPS for the current year.

Insider Activity

In other news, VP Shelley Reynolds sold 3,500 shares of the business’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $94.91, for a total value of $332,185.00. Following the completion of the sale, the vice president now owns 119,780 shares in the company, valued at approximately $11,368,319.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, VP Shelley Reynolds sold 3,500 shares of the business’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $94.91, for a total value of $332,185.00. Following the completion of the sale, the vice president now owns 119,780 shares in the company, valued at approximately $11,368,319.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Adam Selipsky sold 5,100 shares of the business’s stock in a transaction dated Thursday, February 2nd. The shares were sold at an average price of $111.43, for a total transaction of $568,293.00. Following the completion of the sale, the chief executive officer now owns 124,180 shares of the company’s stock, valued at approximately $13,837,377.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 71,394 shares of company stock worth $6,994,626. 12.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on AMZN shares. Evercore ISI increased their price target on shares of Amazon.com from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, February 3rd. UBS Group increased their price target on shares of Amazon.com from $118.00 to $127.00 in a research report on Friday, February 3rd. Cowen raised their price objective on shares of Amazon.com from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Thursday, December 1st. Telsey Advisory Group decreased their price objective on shares of Amazon.com from $140.00 to $125.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 24th. Finally, Truist Financial decreased their price objective on shares of Amazon.com from $160.00 to $142.00 and set a “buy” rating on the stock in a research report on Friday, February 3rd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and forty-one have assigned a buy rating to the stock. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus price target of $144.87.

About Amazon.com

(Get Rating)

Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.