Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Hengehold Capital Management LLC

Hengehold Capital Management LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,254 shares of the e-commerce giant’s stock after buying an additional 271 shares during the quarter. Hengehold Capital Management LLC’s holdings in Amazon.com were worth $2,368,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Collective Family Office LLC lifted its position in shares of Amazon.com by 9.7% in the first quarter. Collective Family Office LLC now owns 9,278 shares of the e-commerce giant’s stock valued at $1,674,000 after acquiring an additional 819 shares in the last quarter. Members Trust Co raised its stake in Amazon.com by 8.9% in the 4th quarter. Members Trust Co now owns 4,157 shares of the e-commerce giant’s stock valued at $638,000 after purchasing an additional 341 shares during the last quarter. Phillips Wealth Planners LLC lifted its holdings in Amazon.com by 9.2% in the 1st quarter. Phillips Wealth Planners LLC now owns 2,655 shares of the e-commerce giant’s stock valued at $487,000 after purchasing an additional 224 shares in the last quarter. LifePlan Financial LLC acquired a new stake in Amazon.com during the 4th quarter worth $1,276,000. Finally, Legacy CG LLC grew its holdings in shares of Amazon.com by 8.2% during the fourth quarter. Legacy CG LLC now owns 55,645 shares of the e-commerce giant’s stock worth $8,455,000 after buying an additional 4,217 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 3,791 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total transaction of $686,322.64. Following the sale, the vice president now owns 121,461 shares of the company’s stock, valued at approximately $21,989,299.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total value of $3,757,123.68. Following the completion of the transaction, the chief executive officer now owns 2,056,534 shares in the company, valued at approximately $371,759,651.18. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Shelley Reynolds sold 3,791 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total transaction of $686,322.64. Following the completion of the transaction, the vice president now directly owns 121,461 shares in the company, valued at $21,989,299.44. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,107,817 shares of company stock valued at $1,221,241,837. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Trading Up 3.7 %

NASDAQ AMZN opened at $178.50 on Friday. 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 of $182.90 and a two-hundred day moving average of $180.95. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $1.86 trillion, a PE ratio of 50.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.18. The business had revenue of $147.98 billion during the quarter, compared to analysts’ expectations of $148.63 billion. Amazon.com had a net margin of 7.35% and a return on equity of 22.35%. As a group, research analysts expect that Amazon.com, Inc. will post 4.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research reports. UBS Group raised their price target on shares of Amazon.com from $217.00 to $224.00 and gave the stock a “buy” rating in a research note on Tuesday, July 30th. Wedbush reissued an “outperform” rating and issued a $225.00 target price on shares of Amazon.com in a research note on Friday, August 2nd. Bank of America dropped their price target on Amazon.com from $220.00 to $210.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Wells Fargo & Company reduced their price objective on Amazon.com from $232.00 to $225.00 and set an “overweight” rating on the stock in a research report on Monday, August 26th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $215.00 target price on shares of Amazon.com in a research note on Friday, August 2nd. One research analyst has rated the stock with a hold rating, forty have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Amazon.com currently has an average rating of “Buy” and a consensus target price of $221.36.

Amazon.com Company Profile

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.