Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Raised by Quadrant Capital Group LLC

Quadrant Capital Group LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 114,902 shares of the e-commerce giant’s stock after purchasing an additional 4,761 shares during the period. Amazon.com makes up approximately 1.5% of Quadrant Capital Group LLC’s holdings, making the stock its 10th largest holding. Quadrant Capital Group LLC’s holdings in Amazon.com were worth $17,458,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMZN. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after buying an additional 86 shares during the last quarter. Strid Group LLC bought a new position in shares of Amazon.com during the fourth quarter valued at about $43,000. Harbor Investment Advisory LLC grew its stake in shares of Amazon.com by 0.7% during 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 last quarter. Authentikos Wealth Advisory LLC bought a new position in shares of Amazon.com during the third quarter valued at about $49,000. Finally, Bruce G. Allen Investments LLC bought a new position in shares of Amazon.com during the fourth quarter valued at about $57,000. 72.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AMZN has been the topic of several recent analyst reports. Roth Mkm reissued a “buy” rating and issued a $210.00 target price (up from $205.00) on shares of Amazon.com in a research note on Wednesday, May 1st. BMO Capital Markets raised their target price on Amazon.com from $215.00 to $220.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. Mizuho raised their target price on Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Oppenheimer raised their target price on Amazon.com from $210.00 to $220.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. Finally, Monness Crespi & Hardt raised their target price on Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a research note 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 given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $212.40.

View Our Latest Stock Analysis on Amazon.com

Amazon.com Price Performance

Shares of AMZN opened at $181.28 on Thursday. The firm has a market cap of $1.89 trillion, a PE ratio of 50.78, a P/E/G ratio of 1.28 and a beta of 1.14. 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 firm has a fifty day simple moving average of $182.36 and a two-hundred day simple moving average of $168.28. Amazon.com, Inc. has a 1-year low of $118.35 and a 1-year high of $191.70.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $142.65 billion. During the same period in the previous year, the business earned $0.31 EPS. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. On average, equities analysts anticipate that Amazon.com, Inc. will post 4.72 EPS for the current year.

Insider Activity

In other news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction of $90,000.00. Following the completion of the sale, the chief executive officer now owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction of $90,000.00. Following the completion of the sale, the chief executive officer now owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,700 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total transaction of $489,753.00. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The disclosure for this sale can be found here. Insiders sold a total of 65,838 shares of company stock valued at $11,984,344 in the last 90 days. Company insiders own 10.80% of the company’s stock.

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.

See Also

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

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