Bank of New Hampshire Sells 548 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Bank of New Hampshire lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 37,945 shares of the e-commerce giant’s stock after selling 548 shares during the period. Amazon.com accounts for about 1.6% of Bank of New Hampshire’s holdings, making the stock its 11th biggest holding. Bank of New Hampshire’s holdings in Amazon.com were worth $5,765,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AMZN. Capital Advisors Inc. OK increased its position in Amazon.com by 3.9% during the third quarter. Capital Advisors Inc. OK now owns 557,134 shares of the e-commerce giant’s stock worth $70,823,000 after buying an additional 20,965 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in Amazon.com by 8.4% during the third quarter. Stratos Wealth Partners LTD. now owns 507,355 shares of the e-commerce giant’s stock worth $64,495,000 after buying an additional 39,412 shares during the last quarter. Droms Strauss Advisors Inc. MO ADV increased its position in Amazon.com by 1.8% during the third quarter. Droms Strauss Advisors Inc. MO ADV now owns 6,106 shares of the e-commerce giant’s stock worth $776,000 after buying an additional 110 shares during the last quarter. Stratos Wealth Advisors LLC increased its position in Amazon.com by 18.7% during the third quarter. Stratos Wealth Advisors LLC now owns 123,929 shares of the e-commerce giant’s stock worth $15,754,000 after buying an additional 19,554 shares during the last quarter. Finally, W.H. Cornerstone Investments Inc. increased its position in Amazon.com by 1.7% during the third quarter. W.H. Cornerstone Investments Inc. now owns 31,323 shares of the e-commerce giant’s stock worth $3,982,000 after buying an additional 529 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, CEO Andrew R. Jassy sold 50,000 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $168.65, for a total transaction of $8,432,500.00. Following the completion of the transaction, the chief executive officer now directly owns 2,014,055 shares in the company, valued at $339,670,375.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction of $523,807.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $20,239,226.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $168.65, for a total value 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 8,181,245 shares of company stock worth $1,380,028,066 over the last ninety days. 10.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of recent analyst reports. Piper Sandler boosted their price target on Amazon.com from $205.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Rosenblatt Securities restated a “buy” rating and issued a $220.00 price target on shares of Amazon.com in a research note on Wednesday, May 1st. Wedbush reiterated an “outperform” rating and set a $225.00 price objective on shares of Amazon.com in a research report on Wednesday, May 1st. Royal Bank of Canada boosted their target price on shares of Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Finally, Mizuho raised their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Buy” and an average target price of $211.62.

Check Out Our Latest Analysis on Amazon.com

Amazon.com Price Performance

Amazon.com stock opened at $185.99 on Thursday. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $1.94 trillion, a PE ratio of 52.10, a P/E/G ratio of 1.35 and a beta of 1.15. Amazon.com, Inc. has a 12 month low of $111.05 and a 12 month high of $191.70. The stock has a 50-day moving average price of $181.02 and a two-hundred day moving average price of $164.00.

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

Amazon.com Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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