Duncker Streett & Co. Inc. Has $8.74 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Duncker Streett & Co. Inc. raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,544 shares of the e-commerce giant’s stock after purchasing an additional 883 shares during the quarter. Amazon.com accounts for about 1.8% of Duncker Streett & Co. Inc.’s investment portfolio, making the stock its 8th largest position. Duncker Streett & Co. Inc.’s holdings in Amazon.com were worth $8,743,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Spirit of America Management Corp NY lifted its holdings in Amazon.com by 37.1% in the 3rd quarter. Spirit of America Management Corp NY now owns 15,900 shares of the e-commerce giant’s stock worth $2,021,000 after purchasing an additional 4,300 shares in the last quarter. Etesian Wealth Advisors Inc. raised its position in shares of Amazon.com by 0.6% during the third quarter. Etesian Wealth Advisors Inc. now owns 17,303 shares of the e-commerce giant’s stock valued at $2,200,000 after buying an additional 100 shares during the last quarter. Connective Portfolio Management LLC boosted its position in shares of Amazon.com by 229.4% during the third quarter. Connective Portfolio Management LLC now owns 7,180 shares of the e-commerce giant’s stock worth $913,000 after acquiring an additional 5,000 shares during the last quarter. SWAN Capital LLC purchased a new position in Amazon.com during the third quarter valued at $224,000. Finally, Blue Fin Capital Inc. increased its holdings in Amazon.com by 0.6% in the 3rd quarter. Blue Fin Capital Inc. now owns 120,618 shares of the e-commerce giant’s stock valued at $15,333,000 after acquiring an additional 725 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at approximately $24,214,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Amazon.com news, insider Jeffrey P. Bezos sold 5,998,849 shares of Amazon.com stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the transaction, the insider now directly owns 982,252,968 shares of the company’s stock, valued at $167,140,165,034.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The disclosure for this sale can be found here. Insiders have sold 32,217,010 shares of company stock worth $5,506,442,301 over the last quarter. Insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on AMZN. Benchmark reissued a “buy” rating and set a $200.00 price objective on shares of Amazon.com in a report on Wednesday, May 1st. Truist Financial increased their price target on Amazon.com from $216.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Wedbush reaffirmed an “outperform” rating and issued a $225.00 price objective on shares of Amazon.com in a research note on Wednesday, May 1st. Rosenblatt Securities reiterated a “buy” rating and set a $220.00 target price on shares of Amazon.com in a research report on Wednesday, May 1st. Finally, Wells Fargo & Company raised their target price on shares of Amazon.com from $217.00 to $234.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. One analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $211.62.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $188.70 on Tuesday. The firm has a 50 day moving average of $179.29 and a 200 day moving average of $161.18. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $1.96 trillion, a price-to-earnings ratio of 52.86, a price-to-earnings-growth ratio of 1.35 and a beta of 1.15. Amazon.com, Inc. has a 52 week low of $104.70 and a 52 week high of $189.77.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.15. The business had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The business’s revenue was up 12.5% compared to the same quarter last year. During the same period last year, the business posted $0.31 EPS. On average, sell-side analysts predict that Amazon.com, Inc. will post 4.67 earnings per share for the current fiscal year.

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.