Exos TFP Holdings LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 108.6% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 60,232 shares of the e-commerce giant’s stock after buying an additional 31,362 shares during the quarter. Amazon.com comprises about 1.6% of Exos TFP Holdings LLC’s holdings, making the stock its 6th largest position. Exos TFP Holdings LLC’s holdings in Amazon.com were worth $6,221,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the company. Fiduciary Planning LLC lifted its stake in shares of Amazon.com by 1.5% in the 1st quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock valued at $1,138,000 after purchasing an additional 5 shares in the last quarter. HBC Financial Services PLLC raised its holdings in Amazon.com by 0.8% in the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock valued at $1,717,000 after buying an additional 5 shares during the period. Meridian Investment Counsel Inc. lifted its position in Amazon.com by 3.4% during the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock valued at $492,000 after buying an additional 5 shares in the last quarter. Alterna Wealth Management Inc. lifted its position in Amazon.com by 1.8% during the first quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock valued at $942,000 after buying an additional 5 shares in the last quarter. Finally, Archetype Wealth Partners lifted its position in Amazon.com by 3.7% during the first quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock valued at $552,000 after buying an additional 6 shares in the last quarter. Hedge funds and other institutional investors own 57.96% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on AMZN shares. Robert W. Baird lifted their price target on shares of Amazon.com from $150.00 to $155.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. JMP Securities lifted their price target on shares of Amazon.com from $140.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. Loop Capital upped their target price on Amazon.com from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Wolfe Research upped their target price on Amazon.com from $140.00 to $150.00 in a research report on Monday, July 10th. Finally, Needham & Company LLC upped their target price on Amazon.com from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, August 4th. Two analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the company. According to MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $160.87.
Insiders Place Their Bets
In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $133.87, for a total transaction of $414,997.00. Following the sale, the vice president now directly owns 119,780 shares in the company, valued at approximately $16,034,948.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $133.87, for a total value of $414,997.00. Following the sale, the vice president now directly owns 119,780 shares in the company, valued at $16,034,948.60. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP David Zapolsky sold 6,720 shares of the firm’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $133.87, for a total transaction of $899,606.40. Following the transaction, the senior vice president now owns 107,196 shares of the company’s stock, valued at approximately $14,350,328.52. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,361,829 shares of company stock worth $48,444,937. 12.70% of the stock is owned by corporate insiders.
Amazon.com Stock Up 0.1 %
AMZN opened at $138.12 on Tuesday. Amazon.com, Inc. has a 12 month low of $81.43 and a 12 month high of $143.63. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.70. The stock has a market cap of $1.43 trillion, a P/E ratio of 108.76, a P/E/G ratio of 1.83 and a beta of 1.24. The stock’s 50 day moving average price is $133.12 and its 200 day moving average price is $116.55.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 EPS for the quarter, beating the consensus estimate of $0.34 by $0.29. Amazon.com had a return on equity of 9.14% and a net margin of 2.43%. The firm had revenue of $134.38 billion for the quarter, compared to analysts’ expectations of $131.54 billion. As a group, research analysts predict that Amazon.com, Inc. will post 2.23 earnings per share for the current year.
Amazon.com Company Profile
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.
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