Amazon.com, Inc. (NASDAQ:AMZN) is Rathbones Group PLC’s 3rd Largest Position

Rathbones Group PLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,404,842 shares of the e-commerce giant’s stock after acquiring an additional 166,174 shares during the quarter. Amazon.com accounts for 4.3% of Rathbones Group PLC’s holdings, making the stock its 3rd biggest position. Rathbones Group PLC’s holdings in Amazon.com were worth $669,272,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in AMZN. ShoreHaven Wealth Partners LLC raised its holdings in 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 worth $491,000 after buying an additional 60 shares during the period. Measured Wealth Private Client Group LLC increased its holdings in shares of Amazon.com by 2.5% in 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 purchasing an additional 62 shares during the period. Socha Financial Group LLC increased its holdings in shares of Amazon.com by 3.3% in the 4th quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock valued at $303,000 after purchasing an additional 63 shares during the period. Lake Hills Wealth Management LLC increased its holdings in shares of Amazon.com by 0.8% in 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 purchasing an additional 65 shares during the period. Finally, Veery Capital LLC increased its holdings in shares of Amazon.com by 1.1% in the 4th quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after purchasing an additional 66 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In related news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $181.44, for a total transaction of $3,771,048.96. Following the sale, the chief executive officer now directly owns 2,025,358 shares in the company, valued at approximately $367,480,955.52. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $181.44, for a total transaction of $3,771,048.96. Following the completion of the transaction, the chief executive officer now directly owns 2,025,358 shares in the company, valued at $367,480,955.52. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Shelley Reynolds sold 2,700 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $181.39, for a total value of $489,753.00. Following the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 65,838 shares of company stock worth $11,984,344. 10.80% of the stock is owned by company insiders.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $187.06 on Tuesday. The firm has a market capitalization of $1.95 trillion, a P/E ratio of 52.40, a price-to-earnings-growth ratio of 1.32 and a beta of 1.14. The business’s fifty day simple moving average is $182.66 and its 200 day simple moving average is $169.27. 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, Inc. has a 12 month low of $118.35 and a 12 month high of $191.70.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same period in the previous year, the company posted $0.31 earnings per share. The business’s revenue was up 12.5% on a year-over-year basis. As a group, analysts anticipate that Amazon.com, Inc. will post 4.72 EPS for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of research reports. Loop Capital upped their target price on Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a report on Monday, May 6th. 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. Tigress Financial upped their target price on Amazon.com from $210.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, May 30th. Telsey Advisory Group upped their target price on Amazon.com from $200.00 to $215.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Finally, DA Davidson restated a “buy” rating and issued a $235.00 price objective on shares of Amazon.com in a report on Thursday, April 18th. One analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $213.82.

Read Our Latest Stock Analysis on Amazon.com

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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