CWC Advisors LLC. Purchases 56 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

CWC Advisors LLC. increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,872 shares of the e-commerce giant’s stock after buying an additional 56 shares during the quarter. CWC Advisors LLC.’s holdings in Amazon.com were worth $411,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMZN. Tallon Kerry Patrick bought a new position in shares of Amazon.com during the fourth quarter valued at approximately $800,000. Capital & Planning LLC increased its position in Amazon.com by 72.1% during the 4th quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant’s stock valued at $856,000 after purchasing an additional 1,635 shares during the period. LaFleur & Godfrey LLC raised its holdings in Amazon.com by 1.8% in the 4th quarter. LaFleur & Godfrey LLC now owns 49,407 shares of the e-commerce giant’s stock worth $10,839,000 after purchasing an additional 860 shares in the last quarter. West Branch Capital LLC lifted its position in shares of Amazon.com by 2.8% in the 4th quarter. West Branch Capital LLC now owns 85,088 shares of the e-commerce giant’s stock worth $18,668,000 after purchasing an additional 2,319 shares during the period. Finally, Advisory Alpha LLC boosted its stake in shares of Amazon.com by 11.1% during the 4th quarter. Advisory Alpha LLC now owns 40,327 shares of the e-commerce giant’s stock valued at $8,847,000 after purchasing an additional 4,036 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Price Performance

NASDAQ AMZN opened at $213.57 on Monday. The business’s fifty day moving average is $191.84 and its 200 day moving average is $208.82. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The company has a market capitalization of $2.27 trillion, a PE ratio of 38.62, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.21. The firm had revenue of $155.67 billion for the quarter, compared to analysts’ expectations of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 EPS. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total transaction of $469,975.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total value of $4,000,233.60. Following the completion of the transaction, the chief executive officer now directly owns 2,148,694 shares of the company’s stock, valued at approximately $432,532,102.20. This trade represents a 0.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 102,037 shares of company stock valued at $20,531,075 over the last 90 days. 9.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on AMZN. DA Davidson decreased their target price on Amazon.com from $280.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Wall Street Zen cut shares of Amazon.com from a “buy” rating to a “hold” rating in a report on Monday, May 5th. Needham & Company LLC reiterated a “buy” rating and issued a $220.00 price target on shares of Amazon.com in a research note on Friday, May 2nd. Westpark Capital reissued a “buy” rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, May 2nd. Finally, Citizens Jmp lowered their target price on shares of Amazon.com from $285.00 to $240.00 and set an “outperform” rating for the company in a report on Monday, April 14th. Four research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $244.89.

Amazon.com 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.