Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Valley Brook Capital Group Inc.

Valley Brook Capital Group Inc. raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 11.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,919 shares of the e-commerce giant’s stock after purchasing an additional 1,009 shares during the period. Amazon.com comprises 1.3% of Valley Brook Capital Group Inc.’s holdings, making the stock its 22nd largest position. Valley Brook Capital Group Inc.’s holdings in Amazon.com were worth $1,507,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Members Trust Co increased its position in shares of Amazon.com by 8.9% during the fourth quarter. Members Trust Co now owns 4,157 shares of the e-commerce giant’s stock worth $638,000 after purchasing an additional 341 shares in the last quarter. Cherrydale Wealth Management LLC increased its position in shares of Amazon.com by 14.7% during the fourth quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant’s stock worth $799,000 after purchasing an additional 675 shares in the last quarter. Tompkins Financial Corp increased its position in shares of Amazon.com by 3.3% during the fourth quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant’s stock worth $10,875,000 after purchasing an additional 2,273 shares in the last quarter. Nicholas Company Inc. increased its position in shares of Amazon.com by 3.9% during the third quarter. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant’s stock worth $89,628,000 after purchasing an additional 26,465 shares in the last quarter. Finally, Nordea Investment Management AB increased its position in shares of Amazon.com by 5.4% during the fourth quarter. Nordea Investment Management AB now owns 5,397,520 shares of the e-commerce giant’s stock worth $825,065,000 after purchasing an additional 277,631 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $180.00, for a total transaction of $90,000.00. Following the sale, the chief executive officer now owns 132,600 shares in the company, valued at approximately $23,868,000. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CEO Andrew R. Jassy sold 50,000 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $180.00, for a total value of $9,000,000.00. Following the transaction, the chief executive officer now owns 1,994,182 shares in the company, valued at approximately $358,952,760. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the completion of the transaction, the chief executive officer now owns 132,600 shares in the company, valued at approximately $23,868,000. The disclosure for this sale can be found here. Insiders have sold a total of 117,894 shares of company stock worth $21,363,909 in the last quarter. 10.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on AMZN. Barclays boosted their price target on Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Raymond James boosted their price target on Amazon.com from $200.00 to $205.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, May 1st. 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. Citigroup upped their target price on Amazon.com from $235.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Finally, Wedbush restated an “outperform” rating and issued a $225.00 target price on shares of Amazon.com in a report on Wednesday, May 1st. One investment analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus target price of $211.62.

View Our Latest Analysis on Amazon.com

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $180.75 on Tuesday. The stock’s 50-day moving average is $182.16 and its two-hundred day moving average is $166.67. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. Amazon.com, Inc. has a 1-year low of $114.31 and a 1-year high of $191.70. The company has a market cap of $1.88 trillion, a price-to-earnings ratio of 50.63, a price-to-earnings-growth ratio of 1.29 and a beta of 1.15.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results 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 return on equity of 19.86% and a net margin of 6.38%. The company had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. During the same quarter in the prior year, the business earned $0.31 EPS. Amazon.com’s revenue was up 12.5% on a year-over-year basis. Analysts forecast that Amazon.com, Inc. will post 4.72 EPS for the current fiscal 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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