Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Crew Capital Management Ltd.

Crew Capital Management Ltd. grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,874 shares of the e-commerce giant’s stock after purchasing an additional 91 shares during the quarter. Crew Capital Management Ltd.’s holdings in Amazon.com were worth $589,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. PayPay Securities Corp lifted its stake in shares of Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after buying an additional 94 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. raised its stake in Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 86 shares during the period. Strid Group LLC purchased a new position in Amazon.com during the fourth quarter worth about $43,000. Bruce G. Allen Investments LLC purchased a new position in Amazon.com during the fourth quarter worth about $57,000. Finally, Authentikos Wealth Advisory LLC purchased a new position in Amazon.com during the third quarter worth about $49,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Citigroup lifted their target price on shares of Amazon.com from $235.00 to $245.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Maxim Group dropped their price target on shares of Amazon.com from $318.00 to $238.00 and set a “buy” rating for the company in a research report on Wednesday, May 1st. Loop Capital lifted their price target on shares of Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Roth Mkm reiterated a “buy” rating and set a $210.00 price target (up from $205.00) on shares of Amazon.com in a research report on Wednesday, May 1st. Finally, Wells Fargo & Company lifted their price target on shares of Amazon.com from $217.00 to $234.00 and gave the company an “overweight” rating in a research report on Wednesday, May 1st. One analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $211.62.

View Our Latest Analysis on Amazon.com

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $183.15 on Wednesday. The stock has a market cap of $1.91 trillion, a price-to-earnings ratio of 51.30, a PEG ratio of 1.34 and a beta of 1.15. Amazon.com, Inc. has a 52 week low of $113.78 and a 52 week high of $191.70. The company’s 50-day moving average price is $181.73 and its 200 day moving average price is $165.54. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.15. The company had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The firm’s quarterly revenue was up 12.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 EPS. As a group, research analysts forecast that Amazon.com, Inc. will post 4.67 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Jonathan Rubinstein sold 5,264 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $190.00, for a total value of $1,000,160.00. Following the sale, the director now directly owns 104,400 shares of the company’s stock, valued at $19,836,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Jonathan Rubinstein sold 5,264 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $190.00, for a total value of $1,000,160.00. Following the sale, the director now directly owns 104,400 shares of the company’s stock, valued at $19,836,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $180.00, for a total transaction of $90,000.00. Following the completion of the sale, the chief executive officer now directly owns 132,600 shares in the company, valued at $23,868,000. The disclosure for this sale can be found here. Over the last three months, insiders have sold 70,320 shares of company stock valued at $12,722,720. Insiders own 10.80% of the company’s stock.

About Amazon.com

(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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