Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by O Brien Wealth Partners LLC

O Brien Wealth Partners LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 8.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,005 shares of the e-commerce giant’s stock after purchasing an additional 150 shares during the period. O Brien Wealth Partners LLC’s holdings in Amazon.com were worth $305,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. PayPay Securities Corp lifted its holdings in Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 94 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after buying an additional 86 shares in the last quarter. Authentikos Wealth Advisory LLC acquired a new position in shares of Amazon.com in the third quarter valued at approximately $49,000. Bruce G. Allen Investments LLC purchased a new position in shares of Amazon.com during the fourth quarter valued at approximately $57,000. Finally, AM Squared Ltd acquired a new stake in Amazon.com during the third quarter worth approximately $76,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AMZN. Evercore ISI increased their price target on Amazon.com from $195.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Citigroup increased their target price on Amazon.com from $215.00 to $235.00 and gave the stock a “buy” rating in a research report on Wednesday. The Goldman Sachs Group lifted their price target on Amazon.com from $200.00 to $220.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Needham & Company LLC reiterated a “buy” rating and set a $205.00 price objective on shares of Amazon.com in a report on Thursday, April 18th. Finally, Maxim Group assumed coverage on shares of Amazon.com in a report on Wednesday, April 17th. They issued a “buy” rating and a $218.00 target price for the company. One investment analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $205.13.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $173.67 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. Amazon.com, Inc. has a fifty-two week low of $101.15 and a fifty-two week high of $189.77. The business has a 50 day moving average price of $177.79 and a two-hundred day moving average price of $158.23. The firm has a market cap of $1.80 trillion, a PE ratio of 59.89, a price-to-earnings-growth ratio of 1.56 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating the consensus estimate of $0.81 by $0.19. The company had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.21 EPS. Sell-side analysts expect that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $20,239,226.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total transaction of $92,000.00. Following the transaction, the chief executive officer now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $20,239,226.60. The disclosure for this sale can be found here. Insiders have sold 32,214,010 shares of company stock worth $5,505,889,146 in the last ninety days. 10.30% of the stock is owned by insiders.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.