Delaney Dennis R Has $7.84 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Delaney Dennis R increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,728 shares of the e-commerce giant’s stock after buying an additional 670 shares during the period. Amazon.com accounts for approximately 4.1% of Delaney Dennis R’s holdings, making the stock its 8th biggest position. Delaney Dennis R’s holdings in Amazon.com were worth $7,838,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sassicaia Capital Advisers LLC acquired a new position in Amazon.com during the 3rd quarter valued at $279,000. Howard Capital Management Group LLC raised its stake in Amazon.com by 0.3% during the 3rd quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock valued at $66,434,000 after purchasing an additional 897 shares during the last quarter. Principal Financial Group Inc. raised its stake in Amazon.com by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant’s stock valued at $3,757,589,000 after purchasing an additional 984,570 shares during the last quarter. Arete Wealth Advisors LLC acquired a new position in Amazon.com during the 3rd quarter valued at $14,648,000. Finally, Intrepid Capital Management Inc. raised its stake in Amazon.com by 3.4% during the 3rd quarter. Intrepid Capital Management Inc. now owns 8,585 shares of the e-commerce giant’s stock valued at $1,600,000 after purchasing an additional 284 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on AMZN shares. UBS Group reiterated a “buy” rating on shares of Amazon.com in a research note on Tuesday, May 6th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Amazon.com from $287.00 to $206.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Citigroup reiterated an “outperform” rating on shares of Amazon.com in a research note on Friday, May 2nd. Truist Financial dropped their price objective on shares of Amazon.com from $265.00 to $230.00 and set a “buy” rating for the company in a research note on Thursday, April 10th. Finally, Evercore ISI dropped their price objective on shares of Amazon.com from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $244.09.

Amazon.com Stock Up 0.5%

Shares of NASDAQ AMZN opened at $193.06 on Monday. The firm has a market capitalization of $2.05 trillion, a PE ratio of 34.91, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The firm’s 50-day moving average is $188.50 and its 200-day moving average is $208.10.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.21. The company had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 EPS. Equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In related news, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the sale, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90. This trade represents a 0.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the completion of the sale, the chief executive officer now owns 509,474 shares in the company, valued at $95,776,017.26. This represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 107,298 shares of company stock valued at $23,818,478. 9.70% of the stock is currently owned by insiders.

Amazon.com Profile

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.