Round Rock Advisors LLC Has $4.72 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Round Rock Advisors LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 550.9% in the fourth quarter, HoldingsChannel reports. The fund owned 31,086 shares of the e-commerce giant’s stock after purchasing an additional 26,310 shares during the quarter. Amazon.com makes up approximately 1.2% of Round Rock Advisors LLC’s holdings, making the stock its 18th largest holding. Round Rock Advisors LLC’s holdings in Amazon.com were worth $4,723,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of AMZN. Vanguard Group Inc. boosted its stake in Amazon.com by 4.4% during the 3rd quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock valued at $96,350,832,000 after purchasing an additional 32,038,029 shares during the last quarter. FMR LLC boosted its position in shares of Amazon.com by 7.7% during the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after buying an additional 21,649,871 shares during the last quarter. Northern Trust Corp grew its holdings in Amazon.com by 3.7% during the third quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock worth $11,736,905,000 after buying an additional 3,260,411 shares in the last quarter. Jennison Associates LLC raised its position in Amazon.com by 28.4% in the 3rd quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock valued at $6,989,254,000 after buying an additional 12,176,114 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Amazon.com by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 50,395,031 shares of the e-commerce giant’s stock valued at $6,406,216,000 after buying an additional 1,374,052 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $180.96 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The firm has a 50 day moving average price of $178.22 and a 200-day moving average price of $159.32. Amazon.com, Inc. has a 52-week low of $101.15 and a 52-week high of $189.77. The firm has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 62.40, a PEG ratio of 1.55 and a beta of 1.17.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. During the same quarter in the previous year, the business earned $0.21 earnings per share. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. Equities research analysts forecast that Amazon.com, Inc. will post 4.11 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $181.38, for a total transaction of $90,690.00. Following the sale, the chief executive officer now directly owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the transaction, the chief executive officer now owns 130,600 shares in the company, valued at $23,688,228. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Andrew R. Jassy sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $168.65, for a total transaction of $8,432,500.00. Following the sale, the chief executive officer now directly owns 2,014,055 shares of the company’s stock, valued at approximately $339,670,375.75. The disclosure for this sale can be found here. Insiders sold a total of 32,214,010 shares of company stock valued at $5,505,889,146 in the last quarter. 10.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on AMZN shares. Mizuho upped their target price on shares of Amazon.com from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Truist Financial increased their price objective on shares of Amazon.com from $195.00 to $216.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Wolfe Research boosted their price target on shares of Amazon.com from $195.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. UBS Group lifted their price objective on shares of Amazon.com from $198.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Finally, Canaccord Genuity Group increased their target price on shares of Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $205.13.

Amazon.com 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.