Hibernia Wealth Partners LLC Purchases 465 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Hibernia Wealth Partners LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 44.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,523 shares of the e-commerce giant’s stock after acquiring an additional 465 shares during the period. Hibernia Wealth Partners LLC’s holdings in Amazon.com were worth $290,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com in the 4th quarter valued at $25,000. Prudent Man Investment Management Inc. purchased a new stake in Amazon.com during the 4th quarter worth approximately $27,000. LSV Asset Management acquired a new position in shares of Amazon.com during the fourth quarter valued at approximately $35,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com in the first quarter valued at approximately $40,000. Finally, Perritt Capital Management Inc boosted 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 last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 20,923 shares of the company’s stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total transaction of $4,211,799.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,335,232 shares of company stock worth $3,210,622,570 over the last three months. Company insiders own 9.70% of the company’s stock.

Amazon.com Stock Up 1.0%

AMZN stock opened at $226.13 on Friday. The firm’s 50-day moving average is $213.50 and its two-hundred day moving average is $208.59. The company has a market capitalization of $2.40 trillion, a price-to-earnings ratio of 36.83, a price-to-earnings-growth ratio of 1.69 and a beta of 1.33. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17.

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 the consensus estimate of $1.38 by $0.21. The company had revenue of $155.67 billion during the quarter, compared to analyst estimates 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 for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.98 EPS. On average, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent research reports. Jefferies Financial Group boosted their price objective on Amazon.com from $255.00 to $265.00 in a research note on Wednesday. Mizuho reduced their target price on shares of Amazon.com from $285.00 to $255.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th. Citizens Jmp initiated coverage on shares of Amazon.com in a research note on Thursday, July 10th. They set a “strong-buy” rating on the stock. Raymond James Financial reissued an “outperform” rating and issued a $195.00 target price (down previously from $275.00) on shares of Amazon.com in a report on Monday, April 21st. Finally, Westpark Capital reiterated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a report on Friday, May 2nd. Three investment 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $250.35.

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.