CapWealth Advisors LLC Has $12.70 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

CapWealth Advisors LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 83,590 shares of the e-commerce giant’s stock after buying an additional 144 shares during the quarter. Amazon.com makes up 1.5% of CapWealth Advisors LLC’s investment portfolio, making the stock its 28th largest holding. CapWealth Advisors LLC’s holdings in Amazon.com were worth $12,701,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of AMZN. PayPay Securities Corp increased its position in Amazon.com by 54.3% during the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Amazon.com by 45.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 86 shares during the period. Strid Group LLC acquired a new position in shares of Amazon.com during the fourth quarter valued at about $43,000. Harbor Investment Advisory LLC lifted its stake in shares of Amazon.com by 0.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 1,988 shares during the period. Finally, Authentikos Wealth Advisory LLC acquired a new stake in Amazon.com during the third quarter worth about $49,000. Institutional investors own 72.20% of the company’s stock.

Insider Activity

In other Amazon.com news, insider Jeffrey P. Bezos sold 5,998,849 shares of Amazon.com stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $173.33, for a total transaction of $1,039,780,497.17. Following the transaction, the insider now directly owns 970,255,270 shares in the company, valued at $168,174,345,949.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $180.00, for a total value of $90,000.00. Following the sale, the chief executive officer now directly owns 132,600 shares in the company, valued at $23,868,000. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jeffrey P. Bezos sold 5,998,849 shares of the stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $173.33, for a total value of $1,039,780,497.17. Following the transaction, the insider now owns 970,255,270 shares of the company’s stock, valued at $168,174,345,949.10. The disclosure for this sale can be found here. Insiders sold 26,198,961 shares of company stock valued at $4,482,430,577 in the last quarter. Company insiders own 10.80% of the company’s stock.

Amazon.com Trading Down 0.4 %

NASDAQ:AMZN opened at $188.00 on Thursday. The firm has a market capitalization of $1.96 trillion, a price-to-earnings ratio of 52.66, a PEG ratio of 1.35 and a beta of 1.15. Amazon.com, Inc. has a 1-year low of $105.16 and a 1-year high of $189.94. The business’s 50-day moving average price is $179.60 and its two-hundred day moving average price is $161.63. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27.

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

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research reports. UBS Group raised their price objective on Amazon.com from $215.00 to $217.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Mizuho lifted their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Morgan Stanley increased their price objective on shares of Amazon.com from $215.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, May 1st. Raymond James upped their target price on shares of Amazon.com from $200.00 to $205.00 and gave the company a “strong-buy” rating in a research note on Wednesday, May 1st. Finally, Truist Financial raised their price target on shares of Amazon.com from $216.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. One investment 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 stock. Based on data from MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus target price of $211.62.

About Amazon.com

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.