Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,540 shares of the e-commerce giant’s stock after acquiring an additional 267 shares during the period. Capital Advisors Ltd. LLC’s holdings in Amazon.com were worth $2,386,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Echo45 Advisors LLC boosted its stake in Amazon.com by 5.6% in the 1st quarter. Echo45 Advisors LLC now owns 6,387 shares of the e-commerce giant’s stock worth $1,215,000 after buying an additional 338 shares during the last quarter. Arvest Investments Inc. acquired a new stake in Amazon.com in the 1st quarter worth about $1,361,000. Zhang Financial LLC boosted its stake in Amazon.com by 5.2% in the 1st quarter. Zhang Financial LLC now owns 57,876 shares of the e-commerce giant’s stock worth $11,011,000 after buying an additional 2,856 shares during the last quarter. Exchange Bank boosted its stake in Amazon.com by 1.2% in the 1st quarter. Exchange Bank now owns 6,091 shares of the e-commerce giant’s stock worth $1,159,000 after buying an additional 72 shares during the last quarter. Finally, Coerente Capital Management boosted its stake in Amazon.com by 1.1% in the 1st quarter. Coerente Capital Management now owns 131,469 shares of the e-commerce giant’s stock worth $25,013,000 after buying an additional 1,440 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on AMZN shares. Scotiabank decreased their price target on Amazon.com from $306.00 to $250.00 and set a “sector outperform” rating on the stock in a research note on Monday, April 21st. DA Davidson cut their price objective on Amazon.com from $280.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Moffett Nathanson raised their price objective on Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a report on Tuesday. Morgan Stanley cut their price objective on Amazon.com from $280.00 to $245.00 and set an “overweight” rating on the stock in a report on Monday, April 14th. Finally, Oppenheimer raised their price objective on Amazon.com from $215.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, June 20th. Four research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $245.64.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $217.12 on Friday. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The business has a 50 day moving average price of $201.25 and a two-hundred day moving average price of $209.02. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.31 trillion, a PE ratio of 35.36, a price-to-earnings-growth ratio of 1.60 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN) last issued 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. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The firm had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. During the same quarter last year, the firm earned $0.98 EPS. Amazon.com’s quarterly revenue was up 8.6% on a year-over-year basis. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the completion of the transaction, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.26. This trade represents a 0.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Keith Brian Alexander sold 1,000 shares of Amazon.com stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $210.68, for a total value of $210,680.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,037 shares of company stock worth $20,531,075. 9.70% of the stock is currently owned by corporate insiders.

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.