Diversified Trust Co Has $43.12 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Diversified Trust Co increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 239,052 shares of the e-commerce giant’s stock after purchasing an additional 22,302 shares during the quarter. Amazon.com makes up about 1.3% of Diversified Trust Co’s portfolio, making the stock its 14th largest holding. Diversified Trust Co’s holdings in Amazon.com were worth $43,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Caerus Investment Advisors LLC raised its position in Amazon.com by 5.2% in the first quarter. Caerus Investment Advisors LLC now owns 4,856 shares of the e-commerce giant’s stock valued at $876,000 after purchasing an additional 239 shares during the last quarter. Aviance Capital Partners LLC increased its stake in shares of Amazon.com by 194.2% in the first quarter. Aviance Capital Partners LLC now owns 122,251 shares of the e-commerce giant’s stock valued at $22,052,000 after buying an additional 80,701 shares during the period. Mirador Capital Partners LP increased its stake in shares of Amazon.com by 2.8% in the first quarter. Mirador Capital Partners LP now owns 94,941 shares of the e-commerce giant’s stock valued at $17,125,000 after buying an additional 2,600 shares during the period. Chapin Davis Inc. raised its holdings in Amazon.com by 0.9% in the 1st quarter. Chapin Davis Inc. now owns 33,379 shares of the e-commerce giant’s stock valued at $6,021,000 after buying an additional 289 shares during the last quarter. Finally, Scott Capital Advisors LLC boosted its position in Amazon.com by 2.6% during the 1st quarter. Scott Capital Advisors LLC now owns 3,917 shares of the e-commerce giant’s stock worth $727,000 after buying an additional 100 shares during the period. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 0.4 %

NASDAQ:AMZN opened at $199.29 on Tuesday. Amazon.com, Inc. has a 52 week low of $118.35 and a 52 week high of $201.20. The firm has a 50-day moving average price of $186.35 and a two-hundred day moving average price of $175.26. The firm has a market cap of $2.07 trillion, a price-to-earnings ratio of 55.82, a price-to-earnings-growth ratio of 1.43 and a beta of 1.15. 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 results on Tuesday, April 30th. The e-commerce giant reported $0.98 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 business had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same period last year, the company posted $0.31 earnings per share. Amazon.com’s quarterly revenue was up 12.5% compared to the same quarter last year. On average, equities analysts expect that Amazon.com, Inc. will post 4.72 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Piper Sandler raised their price target on shares of Amazon.com from $205.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, May 1st. Roth Mkm reissued a “buy” rating and set a $210.00 target price (up previously from $205.00) on shares of Amazon.com in a research report on Wednesday, May 1st. JPMorgan Chase & Co. boosted their price target on shares of Amazon.com from $225.00 to $240.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Citigroup increased their price objective on shares of Amazon.com from $235.00 to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Finally, Morgan Stanley boosted their target price on shares of Amazon.com from $215.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating, forty-three have given 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 a consensus price target of $215.86.

View Our Latest Report on Amazon.com

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 1,463,437 shares of the stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $200.08, for a total transaction of $292,804,474.96. Following the completion of the transaction, the insider now owns 935,211,842 shares in the company, valued at $187,117,185,347.36. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Amazon.com news, insider Jeffrey P. Bezos sold 1,463,437 shares of the stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $200.08, for a total transaction of $292,804,474.96. Following the completion of the transaction, the insider now directly owns 935,211,842 shares of the company’s stock, valued at $187,117,185,347.36. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 3,500 shares of the firm’s stock in a transaction on Monday, July 1st. The stock was sold at an average price of $195.99, for a total value of $685,965.00. Following the completion of the sale, the chief executive officer now directly owns 519,753 shares of the company’s stock, valued at $101,866,390.47. The disclosure for this sale can be found here. Insiders have sold 1,532,985 shares of company stock worth $305,578,679 in the last ninety days. Company insiders own 10.80% of the company’s stock.

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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