Amazon.com, Inc. $AMZN Shares Purchased by Focus Financial Network Inc.

Focus Financial Network Inc. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 309,467 shares of the e-commerce giant’s stock after buying an additional 6,080 shares during the quarter. Amazon.com makes up about 2.5% of Focus Financial Network Inc.’s holdings, making the stock its 6th biggest position. Focus Financial Network Inc.’s holdings in Amazon.com were worth $71,431,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. American Capital Advisory LLC grew its stake in shares of Amazon.com by 63.9% during the 3rd quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock valued at $1,774,000 after buying an additional 3,152 shares during the period. Compagnie Lombard Odier SCmA purchased a new position in shares of Amazon.com in the 3rd quarter worth $451,642,000. DJE Kapital AG boosted its holdings in Amazon.com by 12.3% in the second quarter. DJE Kapital AG now owns 1,037,443 shares of the e-commerce giant’s stock valued at $229,890,000 after acquiring an additional 113,345 shares during the last quarter. Baltimore Washington Financial Advisors Inc. boosted its holdings in Amazon.com by 1.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant’s stock valued at $52,667,000 after acquiring an additional 4,558 shares during the last quarter. Finally, Bridgewater Advisors Inc. grew its position in Amazon.com by 3.4% during the second quarter. Bridgewater Advisors Inc. now owns 69,188 shares of the e-commerce giant’s stock valued at $15,983,000 after acquiring an additional 2,275 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In related news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.18, for a total transaction of $4,077,336.96. Following the sale, the chief executive officer owned 2,238,118 shares of the company’s stock, valued at $459,217,051.24. The trade was a 0.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP David Zapolsky sold 10,649 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total transaction of $2,187,624.07. Following the completion of the transaction, the senior vice president owned 41,190 shares in the company, valued at $8,461,661.70. This represents a 20.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 71,686 shares of company stock valued at $14,688,739. 10.80% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Royal Bank Of Canada restated an “outperform” rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, February 6th. Benchmark reiterated a “buy” rating on shares of Amazon.com in a report on Thursday, January 29th. Scotiabank reissued an “outperform” rating and set a $275.00 target price (down from $300.00) on shares of Amazon.com in a research report on Friday, February 6th. Wall Street Zen lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Finally, TD Cowen reaffirmed a “buy” rating and set a $300.00 price target on shares of Amazon.com in a research report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $286.66.

View Our Latest Stock Analysis on AMZN

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $199.34 on Monday. The business’s 50-day simple moving average is $216.42 and its 200 day simple moving average is $225.07. The company has a market cap of $2.14 trillion, a P/E ratio of 27.80, a PEG ratio of 1.49 and a beta of 1.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company had revenue of $213.39 billion during the quarter, compared to analysts’ expectations of $211.02 billion. During the same quarter in the prior year, the company earned $1.86 EPS. The firm’s revenue was up 13.6% compared to the same quarter last year. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Key Amazon.com News

Here are the key news stories impacting Amazon.com this week:

Amazon.com Profile

(Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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