Boyd Watterson Asset Management LLC OH Acquires 1,388 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Boyd Watterson Asset Management LLC OH lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,756 shares of the e-commerce giant’s stock after acquiring an additional 1,388 shares during the period. Amazon.com makes up 1.3% of Boyd Watterson Asset Management LLC OH’s holdings, making the stock its 19th biggest holding. Boyd Watterson Asset Management LLC OH’s holdings in Amazon.com were worth $3,227,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Fiduciary Planning LLC boosted its holdings in 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 during the period. HBC Financial Services PLLC raised its position in shares of Amazon.com by 0.8% during the 1st 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 in the last quarter. Meridian Investment Counsel Inc. raised its position in shares of Amazon.com by 3.4% during the 1st 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. raised its position in shares of Amazon.com by 1.8% during the 1st 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 raised its position in shares of Amazon.com by 3.7% during the 1st 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. 57.96% of the stock is owned by institutional investors.

Insider Activity

In other news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $133.87, for a total transaction of $414,997.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $16,034,948.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $133.87, for a total transaction of $414,997.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $16,034,948.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $138.48, for a total transaction of $69,240.00. Following the transaction, the chief executive officer now directly owns 106,520 shares of the company’s stock, valued at $14,750,889.60. The disclosure for this sale can be found here. Insiders sold 1,408,645 shares of company stock valued at $55,208,288 over the last three months. Insiders own 12.30% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research reports. Redburn Partners raised their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, August 11th. Wolfe Research lifted their target price on shares of Amazon.com from $140.00 to $150.00 in a research report on Monday, July 10th. The Goldman Sachs Group decreased their target price on shares of Amazon.com from $180.00 to $175.00 in a research report on Thursday, October 12th. Susquehanna lifted their target price on shares of Amazon.com from $150.00 to $185.00 and gave the stock a “positive” rating in a research report on Friday, August 4th. Finally, StockNews.com cut shares of Amazon.com from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th. Three research analysts have rated the stock with a hold rating and forty-two have issued a buy rating to the company’s stock. According to MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average target price of $169.00.

Amazon.com Stock Up 6.8 %

Shares of Amazon.com stock opened at $127.74 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 0.95. The stock has a market capitalization of $1.32 trillion, a PE ratio of 66.19, a price-to-earnings-growth ratio of 1.94 and a beta of 1.24. Amazon.com, Inc. has a 52-week low of $81.43 and a 52-week high of $145.86. The company has a 50-day simple moving average of $132.28 and a two-hundred day simple moving average of $125.74.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.29. The business had revenue of $134.38 billion during the quarter, compared to analysts’ expectations of $131.54 billion. Amazon.com had a net margin of 3.62% and a return on equity of 13.29%. On average, analysts anticipate that Amazon.com, Inc. will post 2.23 EPS for the current fiscal year.

Amazon.com 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.