Compton Financial Group LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,517 shares of the e-commerce giant’s stock after acquiring an additional 100 shares during the quarter. Compton Financial Group LLC’s holdings in Amazon.com were worth $479,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com during the 4th quarter worth approximately $25,000. Prudent Man Investment Management Inc. acquired a new stake in Amazon.com during the 4th quarter worth approximately $27,000. LSV Asset Management acquired a new stake in Amazon.com during the 4th quarter worth approximately $35,000. Perritt Capital Management Inc lifted its holdings in Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock worth $42,000 after buying an additional 80 shares in the last quarter. Finally, Quattro Financial Advisors LLC lifted its holdings in Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after buying an additional 45 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
AMZN has been the topic of a number of research reports. Truist Financial reduced their target price on shares of Amazon.com from $265.00 to $230.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Westpark Capital reiterated a “buy” rating and set a $280.00 target price on shares of Amazon.com in a report on Friday, May 2nd. Royal Bank Of Canada reduced their price objective on shares of Amazon.com from $235.00 to $230.00 and set an “outperform” rating on the stock in a report on Friday, May 2nd. Oppenheimer raised their price objective on shares of Amazon.com from $215.00 to $250.00 and gave the company an “outperform” rating in a report on Friday. Finally, Wall Street Zen lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a report on Monday, May 5th. Four investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $245.53.
Insider Buying and Selling
In related news, Director Keith Brian Alexander sold 1,000 shares of the business’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $210.68, for a total transaction of $210,680.00. Following the sale, the director now owns 5,465 shares of the company’s stock, valued at approximately $1,151,366.20. The trade was a 15.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Matthew S. Garman sold 20,923 shares of the business’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total transaction of $4,211,799.90. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 102,037 shares of company stock valued at $20,531,075. Corporate insiders own 9.70% of the company’s stock.
Amazon.com Stock Down 1.3%
AMZN stock opened at $209.69 on Friday. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The stock has a market capitalization of $2.23 trillion, a PE ratio of 34.15, a price-to-earnings-growth ratio of 1.61 and a beta of 1.33. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. The company has a fifty day moving average of $198.41 and a 200-day moving average of $209.31.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping the consensus estimate of $1.38 by $0.21. The company had revenue of $155.67 billion during the quarter, compared to analysts’ expectations of $154.96 billion. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The business’s revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the business earned $0.98 EPS. As a group, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current 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.
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