Amazon.com, Inc. (NASDAQ:AMZN) is Semus Wealth Partners LLC’s 4th Largest Position

Semus Wealth Partners LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,304 shares of the e-commerce giant’s stock after purchasing an additional 124 shares during the quarter. Amazon.com makes up about 3.3% of Semus Wealth Partners LLC’s portfolio, making the stock its 4th biggest holding. Semus Wealth Partners LLC’s holdings in Amazon.com were worth $3,559,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AMZN. Fiduciary Planning LLC lifted its position in Amazon.com by 1.5% in the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock valued at $1,138,000 after buying an additional 5 shares during the last quarter. HBC Financial Services PLLC lifted its position 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 last quarter. Meridian Investment Counsel Inc. lifted its position in Amazon.com by 3.4% in 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 during the last quarter. Alterna Wealth Management Inc. lifted its position in Amazon.com by 1.8% in 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 during the last quarter. Finally, Archetype Wealth Partners lifted its position in Amazon.com by 3.7% in 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 during the last quarter. 57.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amazon.com

In related news, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction on Monday, August 21st. The shares were sold at an average price of $133.87, for a total value of $414,997.00. Following the transaction, 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 SEC, which is accessible through this link. In related news, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction on Monday, August 21st. The shares were sold at an average price of $133.87, for a total value of $414,997.00. Following the transaction, 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 SEC, which is accessible through this link. Also, SVP David Zapolsky sold 6,720 shares of Amazon.com stock in a transaction on Monday, August 21st. The shares were sold at an average price of $133.87, for a total transaction of $899,606.40. Following the completion of the transaction, the senior vice president now owns 107,196 shares in the company, valued at $14,350,328.52. The disclosure for this sale can be found here. Insiders have sold a total of 182,145 shares of company stock worth $25,278,008 in the last three months. Insiders own 12.70% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $142.71 on Wednesday. The firm’s fifty day moving average price is $132.76 and its 200 day moving average price is $127.60. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $145.86. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.98 and a quick ratio of 0.74. The firm has a market cap of $1.47 trillion, a price-to-earnings ratio of 73.94, a price-to-earnings-growth ratio of 1.87 and a beta of 1.17.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of recent analyst reports. Redburn Partners upped their target price 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. Benchmark boosted their price target on shares of Amazon.com from $130.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, August 4th. JMP Securities reiterated a “market outperform” rating and set a $175.00 price target on shares of Amazon.com in a research note on Monday, October 16th. Piper Sandler boosted their price target on shares of Amazon.com from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, August 24th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $175.00 price target on shares of Amazon.com in a research note on Monday, October 2nd. Two investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $168.80.

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.