Astoria Portfolio Advisors LLC. Has $1.53 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Astoria Portfolio Advisors LLC. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 9.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,045 shares of the e-commerce giant’s stock after purchasing an additional 859 shares during the quarter. Amazon.com accounts for 0.6% of Astoria Portfolio Advisors LLC.’s investment portfolio, making the stock its 24th largest holding. Astoria Portfolio Advisors LLC.’s holdings in Amazon.com were worth $1,526,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. ShoreHaven Wealth Partners LLC lifted its position in shares of Amazon.com by 1.9% during the 4th quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant’s stock valued at $491,000 after buying an additional 60 shares during the last quarter. Measured Wealth Private Client Group LLC lifted its position in shares of Amazon.com by 2.5% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 2,562 shares of the e-commerce giant’s stock valued at $389,000 after buying an additional 62 shares during the last quarter. Socha Financial Group LLC lifted its position in shares of Amazon.com by 3.3% during the 4th quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock valued at $303,000 after buying an additional 63 shares during the last quarter. Lake Hills Wealth Management LLC lifted its position in shares of Amazon.com by 0.8% during the 4th quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock valued at $1,213,000 after buying an additional 65 shares during the last quarter. Finally, Veery Capital LLC lifted its position in shares of Amazon.com by 1.1% during the 4th quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after buying an additional 66 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Tigress Financial upped their price target on Amazon.com from $210.00 to $245.00 and gave the company a “buy” rating in a research report on Thursday. Moffett Nathanson reissued a “buy” rating and set a $228.00 price objective on shares of Amazon.com in a report on Thursday, April 11th. JMP Securities reissued a “market outperform” rating and set a $225.00 price objective on shares of Amazon.com in a report on Wednesday, May 1st. UBS Group increased their price objective on Amazon.com from $215.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Finally, Piper Sandler increased their price objective on Amazon.com from $205.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. One 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. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $212.40.

View Our Latest Analysis on AMZN

Insider Activity

In other news, Director Jonathan Rubinstein sold 5,264 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $190.00, for a total value of $1,000,160.00. Following the completion of the transaction, the director now owns 104,400 shares in the company, valued at approximately $19,836,000. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, VP Shelley Reynolds sold 2,700 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $181.39, for a total value of $489,753.00. Following the completion of the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $21,726,894.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jonathan Rubinstein sold 5,264 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $190.00, for a total value of $1,000,160.00. Following the completion of the transaction, the director now owns 104,400 shares of the company’s stock, valued at approximately $19,836,000. The disclosure for this sale can be found here. Insiders 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.

Amazon.com Price Performance

Shares of AMZN stock opened at $176.44 on Friday. The firm has a market cap of $1.84 trillion, a P/E ratio of 49.42, a P/E/G ratio of 1.28 and a beta of 1.15. Amazon.com, Inc. has a fifty-two week low of $118.35 and a fifty-two week high of $191.70. The business’s 50 day moving average price is $182.34 and its 200-day moving average price is $167.52. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07.

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 for the quarter, topping analysts’ consensus estimates of $0.83 by $0.15. The firm had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The business’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period last year, the company earned $0.31 EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 4.72 earnings per share for the current year.

Amazon.com Company 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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