Well Done LLC Buys 138 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Well Done LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% during the 4th quarter, HoldingsChannel reports. The firm owned 14,913 shares of the e-commerce giant’s stock after acquiring an additional 138 shares during the period. Well Done LLC’s holdings in Amazon.com were worth $2,266,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMZN. State Street Corp grew its holdings in shares of Amazon.com by 1,869.1% during the 2nd quarter. State Street Corp now owns 326,727,487 shares of the e-commerce giant’s stock valued at $34,701,726,000 after purchasing an additional 310,134,486 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Amazon.com by 1,838.8% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock valued at $33,134,481,000 after purchasing an additional 295,880,050 shares during the last quarter. FMR LLC grew its holdings in shares of Amazon.com by 1,792.4% during the 2nd quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock valued at $30,381,089,000 after purchasing an additional 270,931,640 shares during the last quarter. Moneta Group Investment Advisors LLC grew its holdings in Amazon.com by 120,235.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 116,480,298 shares of the e-commerce giant’s stock worth $9,784,345,000 after acquiring an additional 116,383,502 shares during the last quarter. Finally, Norges Bank bought a new stake in Amazon.com during the 4th quarter worth approximately $8,263,591,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Performance

NASDAQ AMZN opened at $185.07 on Friday. Amazon.com, Inc. has a 1 year low of $97.71 and a 1 year high of $186.27. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The firm has a market cap of $1.92 trillion, a price-to-earnings ratio of 63.82, a PEG ratio of 1.57 and a beta of 1.16. The company has a fifty day moving average price of $173.82 and a 200-day moving average price of $153.21.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The firm had revenue of $169.96 billion during the quarter, compared to analyst estimates of $165.96 billion. During the same quarter in the prior year, the business posted $0.21 EPS. The business’s revenue was up 13.9% compared to the same quarter last year. As a group, equities research analysts predict that Amazon.com, Inc. will post 4.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AMZN. Barclays boosted their target price on shares of Amazon.com from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. Telsey Advisory Group reissued an “outperform” rating and set a $200.00 target price on shares of Amazon.com in a report on Wednesday, March 27th. Piper Sandler boosted their target price on shares of Amazon.com from $185.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Amazon.com from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Finally, Raymond James boosted their target price on shares of Amazon.com from $185.00 to $200.00 and gave the stock a “strong-buy” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $198.09.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $180.73, for a total value of $632,555.00. Following the completion of the sale, the chief executive officer now owns 512,858 shares in the company, valued at approximately $92,688,826.34. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $180.73, for a total transaction of $632,555.00. Following the completion of the transaction, the chief executive officer now owns 512,858 shares in the company, valued at $92,688,826.34. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. Insiders sold a total of 32,213,510 shares of company stock worth $5,505,782,846 in the last quarter. 12.30% of the stock is currently owned by corporate insiders.

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.