Tranquilli Financial Advisor LLC Purchases 551 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Tranquilli Financial Advisor LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 11.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,519 shares of the e-commerce giant’s stock after purchasing an additional 551 shares during the quarter. Tranquilli Financial Advisor LLC’s holdings in Amazon.com were worth $464,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. State Street Corp increased its holdings in shares of Amazon.com by 1,869.1% during the second quarter. State Street Corp now owns 326,727,487 shares of the e-commerce giant’s stock valued at $34,701,726,000 after acquiring an additional 310,134,486 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Amazon.com by 1,838.8% during the second 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 acquiring an additional 295,880,050 shares in the last quarter. FMR LLC increased its holdings in shares of Amazon.com by 1,792.4% during the second quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock valued at $30,381,089,000 after acquiring an additional 270,931,640 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Amazon.com by 1,867.0% during the second quarter. Northern Trust Corp now owns 94,997,372 shares of the e-commerce giant’s stock valued at $10,089,669,000 after acquiring an additional 90,167,792 shares in the last quarter. Finally, Swiss National Bank increased its holdings in Amazon.com by 1,909.7% in the 2nd quarter. Swiss National Bank now owns 39,731,440 shares of the e-commerce giant’s stock worth $4,219,876,000 after buying an additional 37,754,468 shares during the period. 57.64% of the stock is currently owned by institutional investors.

Amazon.com Stock Down 1.5 %

Shares of NASDAQ:AMZN opened at $115.00 on Friday. The business has a 50-day moving average price of $105.19 and a 200 day moving average price of $97.67. The company has a current ratio of 0.92, a quick ratio of 0.69 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $1.18 trillion, a price-to-earnings ratio of 273.81, a PEG ratio of 4.00 and a beta of 1.26. Amazon.com, Inc. has a 12-month low of $81.43 and a 12-month high of $146.57.

Amazon.com (NASDAQ:AMZN – Get Rating) last issued its quarterly earnings data on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.09. The firm had revenue of $127.36 billion during the quarter, compared to the consensus estimate of $124.57 billion. Amazon.com had a return on equity of 5.85% and a net margin of 0.82%. The company’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the company earned $0.21 EPS. Sell-side analysts expect that Amazon.com, Inc. will post 1.57 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on AMZN. Morgan Stanley increased their price target on shares of Amazon.com from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Friday, February 3rd. DA Davidson increased their price target on shares of Amazon.com from $114.00 to $134.00 and gave the stock a “buy” rating in a report on Friday, February 3rd. Wedbush increased their price target on shares of Amazon.com from $125.00 to $129.00 in a report on Friday, April 28th. Cowen upped their price objective on Amazon.com from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, February 3rd. Finally, Wolfe Research upped their price objective on Amazon.com from $130.00 to $140.00 in a research report on Friday, April 28th. Three investment analysts have rated the stock with a hold rating and forty-one have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $143.12.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Wednesday, April 5th. The stock was sold at an average price of $101.67, for a total transaction of $50,835.00. Following the completion of the transaction, the chief executive officer now directly owns 137,300 shares in the company, valued at approximately $13,959,291. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Wednesday, April 5th. The stock was sold at an average price of $101.67, for a total transaction of $50,835.00. Following the completion of the transaction, the chief executive officer now directly owns 137,300 shares in the company, valued at approximately $13,959,291. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $115.60, for a total value of $358,360.00. Following the completion of the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $13,846,568. The disclosure for this sale can be found here. In the last ninety days, insiders sold 75,144 shares of company stock valued at $8,405,887. 12.30% of the stock is currently owned by insiders.

Amazon.com Profile

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.