Moisand Fitzgerald Tamayo LLC Buys 130 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Moisand Fitzgerald Tamayo LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 15.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 982 shares of the e-commerce giant’s stock after acquiring an additional 130 shares during the quarter. Moisand Fitzgerald Tamayo LLC’s holdings in Amazon.com were worth $187,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Prudent Man Investment Management Inc. bought a new stake in shares of Amazon.com in the fourth quarter worth approximately $27,000. LSV Asset Management bought a new stake in shares of Amazon.com in the fourth quarter worth approximately $35,000. Perritt Capital Management Inc grew its stake in shares of Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock worth $42,000 after acquiring an additional 80 shares during the period. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com in the first quarter worth approximately $40,000. Finally, Compass Planning Associates Inc bought a new stake in shares of Amazon.com in the fourth quarter worth approximately $51,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $225.02 on Friday. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company’s 50 day moving average is $209.90 and its 200 day moving average is $208.63. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17. The company has a market cap of $2.39 trillion, a PE ratio of 36.65, a price-to-earnings-growth ratio of 1.67 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 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.21. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The business had revenue of $155.67 billion for the quarter, compared to analysts’ expectations of $154.96 billion. During the same quarter last year, the company earned $0.98 EPS. The business’s revenue was up 8.6% on a year-over-year basis. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $201.57, for a total transaction of $3,577,867.50. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $9,876,930. The trade was a 26.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $202.41, for a total value of $2,746,703.70. Following the sale, the senior vice president owned 47,030 shares of the company’s stock, valued at approximately $9,519,342.30. The trade was a 22.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,886,613 shares of company stock worth $1,531,840,610. Corporate insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. UBS Group reiterated a “buy” rating on shares of Amazon.com in a research note on Tuesday, May 6th. Oppenheimer boosted their target price on shares of Amazon.com from $215.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, June 20th. Wells Fargo & Company boosted their target price on shares of Amazon.com from $201.00 to $238.00 and gave the company an “equal weight” rating in a research report on Tuesday. Telsey Advisory Group restated an “outperform” rating and set a $235.00 target price on shares of Amazon.com in a research report on Thursday. Finally, Wedbush restated an “outperform” rating and set a $235.00 target price (up from $225.00) on shares of Amazon.com in a research report on Friday, May 2nd. Three research analysts have rated the stock with a hold rating, forty-five have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $249.42.

About Amazon.com

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.