U.S. Capital Wealth Advisors LLC Purchases 3,379 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

U.S. Capital Wealth Advisors LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 164,443 shares of the e-commerce giant’s stock after acquiring an additional 3,379 shares during the quarter. Amazon.com comprises approximately 1.0% of U.S. Capital Wealth Advisors LLC’s holdings, making the stock its 17th largest holding. U.S. Capital Wealth Advisors LLC’s holdings in Amazon.com were worth $21,437,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Laurel Wealth Planning LLC lifted its stake in shares of Amazon.com by 1,900.0% in the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 304 shares during the last quarter. Sanctuary Wealth Management L.L.C. bought a new stake in shares of Amazon.com in the 4th quarter valued at approximately $37,000. Swaine & Leidel Wealth Services LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $38,000. Atlantic Private Wealth LLC bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $43,000. Finally, Goodwin Investment Advisory lifted its stake in shares of Amazon.com by 1,225.8% in the 2nd quarter. Goodwin Investment Advisory now owns 411 shares of the e-commerce giant’s stock valued at $44,000 after purchasing an additional 380 shares during the last quarter. 57.96% of the stock is currently owned by institutional investors.

Amazon.com Price Performance

NASDAQ AMZN opened at $145.18 on Friday. The company has a market cap of $1.50 trillion, a price-to-earnings ratio of 75.22, a PEG ratio of 1.93 and a beta of 1.17. Amazon.com, Inc. has a 1 year low of $81.43 and a 1 year high of $147.29. The stock’s fifty day moving average price is $133.72 and its 200 day moving average price is $129.59. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.98 and a quick ratio of 0.74.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 26th. The e-commerce giant reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.27. The firm had revenue of $143.08 billion for the quarter, compared to analyst estimates of $141.53 billion. Amazon.com had a net margin of 3.62% and a return on equity of 12.75%. As a group, equities research analysts forecast that Amazon.com, Inc. will post 2.6 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on AMZN shares. Robert W. Baird upped their target price on Amazon.com from $150.00 to $155.00 and gave the company an “outperform” rating in a research note on Friday, August 4th. Credit Suisse Group raised their price target on Amazon.com from $176.00 to $189.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Mizuho reissued a “buy” rating and set a $180.00 price target on shares of Amazon.com in a research note on Wednesday, September 27th. Oppenheimer reissued an “outperform” rating and set a $170.00 price target on shares of Amazon.com in a research note on Thursday, October 19th. Finally, Morgan Stanley reissued an “overweight” rating and set a $175.00 price target on shares of Amazon.com in a research note on Monday, October 2nd. One research analyst has rated the stock with a hold rating and forty-four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $168.93.

Insider Transactions at Amazon.com

In related news, SVP David Zapolsky sold 42,816 shares of the stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $145.13, for a total transaction of $6,213,886.08. Following the sale, the senior vice president now directly owns 64,380 shares of the company’s stock, valued at $9,343,469.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, SVP David Zapolsky sold 42,816 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $145.13, for a total transaction of $6,213,886.08. Following the completion of the transaction, the senior vice president now directly owns 64,380 shares of the company’s stock, valued at approximately $9,343,469.40. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Andrew R. Jassy sold 21,933 shares of Amazon.com stock in a transaction on Monday, August 21st. The shares were sold at an average price of $133.92, for a total transaction of $2,937,267.36. Following the completion of the sale, the chief executive officer now directly owns 2,030,868 shares in the company, valued at approximately $271,973,842.56. The disclosure for this sale can be found here. Insiders have sold 122,845 shares of company stock worth $17,035,294 over the last 90 days. 12.30% of the stock is currently owned by company insiders.

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.