Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Berkeley Capital Partners LLC

Berkeley Capital Partners LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,498 shares of the e-commerce giant’s stock after purchasing an additional 212 shares during the period. Amazon.com accounts for approximately 0.6% of Berkeley Capital Partners LLC’s portfolio, making the stock its 25th largest holding. Berkeley Capital Partners LLC’s holdings in Amazon.com were worth $2,303,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Cable Hill Partners LLC lifted its position in Amazon.com by 0.5% during the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock worth $2,104,000 after acquiring an additional 44 shares in the last quarter. Quattro Financial Advisors LLC lifted its position in shares of Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares in the last quarter. Northern Capital Management Inc. boosted its stake in shares of Amazon.com by 0.6% in the fourth quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant’s stock valued at $1,613,000 after purchasing an additional 45 shares during the period. White Wing Wealth Management grew its holdings in Amazon.com by 2.4% during the 4th quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock valued at $433,000 after purchasing an additional 47 shares in the last quarter. Finally, MBM Wealth Consultants LLC increased its stake in Amazon.com by 0.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after buying an additional 48 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total transaction of $469,975.00. Following the completion of the sale, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at $95,776,017.26. This trade represents a 0.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the transaction, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90. This trade represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 104,798 shares of company stock worth $23,341,803. 10.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of analyst reports. Piper Sandler reissued an “overweight” rating and issued a $265.00 price objective (up from $225.00) on shares of Amazon.com in a research report on Friday, February 7th. Citizens Jmp reduced their price target on Amazon.com from $285.00 to $240.00 and set an “outperform” rating for the company in a report on Monday, April 14th. Jefferies Financial Group lowered their price objective on Amazon.com from $275.00 to $250.00 and set a “buy” rating for the company in a research note on Monday, March 31st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $275.00 target price on shares of Amazon.com in a research report on Friday, February 7th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Amazon.com from $270.00 to $220.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $252.73.

Amazon.com Price Performance

NASDAQ AMZN opened at $172.51 on Monday. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The firm has a market capitalization of $1.83 trillion, a PE ratio of 31.19, a P/E/G ratio of 1.50 and a beta of 1.39. The company’s 50 day simple moving average is $198.44 and its 200 day simple moving average is $208.23. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. As a group, equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.