Atala Financial Inc Acquires 414 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Atala Financial Inc increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,653 shares of the e-commerce giant’s stock after acquiring an additional 414 shares during the quarter. Amazon.com makes up about 1.8% of Atala Financial Inc’s holdings, making the stock its 12th largest position. Atala Financial Inc’s holdings in Amazon.com were worth $2,409,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of AMZN. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com in the fourth quarter worth $25,000. Prudent Man Investment Management Inc. purchased a new stake in Amazon.com in the fourth quarter worth $27,000. LSV Asset Management purchased a new stake in Amazon.com in the fourth quarter worth $35,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com in the first quarter worth $40,000. Finally, Perritt Capital Management Inc increased its position in 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 buying an additional 80 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Wedbush reissued an “outperform” rating and issued a $235.00 target price (up from $225.00) on shares of Amazon.com in a research report on Friday, May 2nd. Oppenheimer raised their target price on Amazon.com from $215.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, June 20th. Roth Capital set a $250.00 target price on Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Benchmark reiterated a “buy” rating and issued a $260.00 price target on shares of Amazon.com in a research report on Friday, May 2nd. Finally, Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the company an “outperform” rating in a research report on Tuesday, July 1st. Three equities research analysts have rated the stock with a hold rating, forty-five have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $250.35.

Amazon.com Trading Up 1.0%

Shares of AMZN stock opened at $226.13 on Friday. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. 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 business has a 50-day moving average price of $213.50 and a two-hundred day moving average price of $208.67. The firm has a market cap of $2.40 trillion, a P/E ratio of 36.83, a price-to-earnings-growth ratio of 1.67 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN) last released its earnings results 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 company had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. During the same quarter in the previous year, the company posted $0.98 EPS. Amazon.com’s revenue for the quarter was up 8.6% on a year-over-year basis. Equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $220.06, for a total value of $550,150.00. Following the completion of the sale, the chief executive officer owned 514,550 shares of the company’s stock, valued at approximately $113,231,873. The trade was a 0.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jeffrey P. Bezos sold 733,195 shares of the business’s stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $227.02, for a total value of $166,449,928.90. Following the completion of the sale, the insider directly owned 894,546,706 shares of the company’s stock, valued at approximately $203,079,993,196.12. This trade represents a 0.08% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 14,335,232 shares of company stock valued at $3,210,622,570. 9.70% of the stock is currently owned by corporate insiders.

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.