Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Dash Acquisitions Inc.

Dash Acquisitions Inc. lifted its stake in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139,885 shares of the e-commerce giant’s stock after acquiring an additional 3,909 shares during the period. Amazon.com accounts for approximately 7.7% of Dash Acquisitions Inc.’s holdings, making the stock its 2nd biggest position. Dash Acquisitions Inc.’s holdings in Amazon.com were worth $21,505,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in AMZN. Mayflower Financial Advisors LLC raised its holdings in shares of Amazon.com by 0.3% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 572 shares in the last quarter. PayPay Securities Corp raised its holdings in shares of Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after purchasing an additional 94 shares in the last quarter. Laurel Wealth Planning LLC raised its holdings in shares of Amazon.com by 1,900.0% during the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 304 shares during the period. Sanctuary Wealth Management L.L.C. acquired a new stake in shares of Amazon.com during the fourth quarter valued at approximately $37,000. Finally, Swaine & Leidel Wealth Services LLC acquired a new stake in shares of Amazon.com during the first quarter valued at approximately $38,000. 72.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AMZN. Wells Fargo & Company boosted their price target on shares of Amazon.com from $211.00 to $217.00 and gave the company an “overweight” rating in a report on Monday. TD Cowen boosted their price target on shares of Amazon.com from $200.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Telsey Advisory Group restated an “outperform” rating and set a $200.00 price target on shares of Amazon.com in a report on Wednesday, March 27th. Monness Crespi & Hardt boosted their price target on shares of Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Finally, The Goldman Sachs Group boosted their price target on shares of Amazon.com from $200.00 to $220.00 and gave the company a “buy” rating in a report on Friday, February 2nd. One research analyst has rated the stock with a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $198.09.

Read Our Latest Analysis on AMZN

Amazon.com Price Performance

NASDAQ AMZN opened at $182.41 on Thursday. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company has a fifty day simple moving average of $172.35 and a 200 day simple moving average of $152.39. The company has a market cap of $1.89 trillion, a P/E ratio of 62.90, a P/E/G ratio of 1.58 and a beta of 1.16. Amazon.com, Inc. has a 1 year low of $97.71 and a 1 year high of $183.00.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $165.96 billion. During the same period in the prior year, the firm earned $0.21 EPS. The business’s revenue was up 13.9% on a year-over-year basis. On average, sell-side analysts predict that Amazon.com, Inc. will post 4.08 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total transaction of $523,807.00. Following the completion of the sale, the vice president now owns 119,780 shares in the company, valued at approximately $20,239,226.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $155.72, for a total transaction of $77,860.00. Following the sale, 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 valued at $5,505,782,846 in the last ninety days. Company insiders own 12.70% of the company’s stock.

Amazon.com Profile

(Free Report)

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.

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

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