Nwam LLC Buys 3,964 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Nwam LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,284 shares of the e-commerce giant’s stock after purchasing an additional 3,964 shares during the quarter. Amazon.com makes up about 0.9% of Nwam LLC’s holdings, making the stock its 15th largest position. Nwam LLC’s holdings in Amazon.com were worth $9,852,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of AMZN. McElhenny Sheffield Capital Management LLC purchased a new stake in shares of Amazon.com during the fourth quarter valued at approximately $27,000. Retirement Financial Solutions LLC purchased a new stake in shares of Amazon.com during the fourth quarter valued at approximately $32,000. Laurel Wealth Planning LLC increased its position in shares of Amazon.com by 1,900.0% during the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 304 shares during the last quarter. Swaine & Leidel Wealth Services LLC purchased a new stake in shares of Amazon.com during the first quarter valued at approximately $38,000. Finally, Cowa LLC purchased a new stake in shares of Amazon.com during the third quarter valued at approximately $40,000. Institutional investors own 57.64% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AMZN. Telsey Advisory Group reaffirmed an “outperform” rating and set a $125.00 price target on shares of Amazon.com in a research report on Thursday, April 20th. Roth Capital reissued a “buy” rating on shares of Amazon.com in a research report on Friday, February 3rd. Mizuho raised their target price on Amazon.com from $135.00 to $145.00 in a research report on Friday, April 28th. Rosenblatt Securities raised their target price on Amazon.com from $106.00 to $111.00 in a research report on Friday, April 28th. Finally, DA Davidson raised their target price on Amazon.com from $114.00 to $134.00 and gave the stock a “buy” rating in a research report on Friday, February 3rd. Three analysts have rated the stock with a hold rating and forty-one have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $143.12.

Amazon.com Trading Down 1.6 %

Shares of AMZN stock opened at $116.25 on Monday. The stock has a market capitalization of $1.19 trillion, a PE ratio of 276.79, a P/E/G ratio of 4.11 and a beta of 1.26. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $146.57. The business has a 50-day moving average of $103.63 and a 200 day moving average of $97.07. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.92 and a quick ratio of 0.69.

Amazon.com (NASDAQ:AMZN – Get Rating) last issued its earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.09. The company had revenue of $127.36 billion during the quarter, compared to analysts’ expectations of $124.57 billion. Amazon.com had a return on equity of 5.85% and a net margin of 0.82%. Amazon.com’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.21 EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 1.57 earnings per share for the current year.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 7,456 shares of the stock in a transaction dated Tuesday, February 21st. The stock was sold at an average price of $94.90, for a total transaction of $707,574.40. Following the completion of the sale, the chief executive officer now directly owns 564,298 shares in the company, valued at approximately $53,551,880.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $93.80, for a total transaction of $375,200.00. Following the completion of the transaction, the chief executive officer now owns 560,298 shares of the company’s stock, valued at approximately $52,555,952.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 7,456 shares of the company’s stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $94.90, for a total value of $707,574.40. Following the transaction, the chief executive officer now directly owns 564,298 shares of the company’s stock, valued at approximately $53,551,880.20. The disclosure for this sale can be found here. Insiders sold 61,019 shares of company stock worth $6,053,511 in the last ninety days. 12.30% of the stock is owned by company insiders.

Amazon.com Company Profile

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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.