Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Neville Rodie & Shaw Inc.

Neville Rodie & Shaw Inc. boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 111,258 shares of the e-commerce giant’s stock after purchasing an additional 1,243 shares during the period. Amazon.com comprises approximately 1.7% of Neville Rodie & Shaw Inc.’s holdings, making the stock its 16th largest position. Neville Rodie & Shaw Inc.’s holdings in Amazon.com were worth $21,168,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Momentous Wealth Management Inc. acquired a new stake in shares of Amazon.com during the 4th quarter valued at approximately $749,000. Segall Bryant & Hamill LLC lifted its position in shares of Amazon.com by 14.3% during the 4th quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant’s stock valued at $69,572,000 after acquiring an additional 39,696 shares during the period. Evergreen Capital Management LLC lifted its position in shares of Amazon.com by 0.5% during the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant’s stock valued at $53,213,000 after acquiring an additional 1,198 shares during the period. Bearing Point Capital LLC acquired a new stake in shares of Amazon.com during the 4th quarter valued at approximately $12,014,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Amazon.com by 173.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant’s stock valued at $759,434,000 after acquiring an additional 2,196,353 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

AMZN opened at $213.57 on Monday. The company has a 50-day moving average of $191.84 and a 200-day moving average of $208.82. The company has a market capitalization of $2.27 trillion, a P/E ratio of 38.62, a PEG ratio of 1.50 and a beta of 1.33. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.21. The company had revenue of $155.67 billion during the quarter, compared to the consensus estimate 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 was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.98 EPS. Equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $204.98, for a total value of $512,450.00. Following the completion of the sale, the chief executive officer now owns 517,050 shares of the company’s stock, valued at approximately $105,984,909. The trade was a 0.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Keith Brian Alexander sold 1,000 shares of the business’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $210.68, for a total transaction of $210,680.00. Following the sale, the director now directly owns 5,465 shares of the company’s stock, valued at approximately $1,151,366.20. This represents a 15.47% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 102,037 shares of company stock valued at $20,531,075. Insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on AMZN. Westpark Capital reiterated a “buy” rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, May 2nd. Mizuho dropped their price objective on shares of Amazon.com from $285.00 to $255.00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th. Tigress Financial raised their price objective on shares of Amazon.com from $290.00 to $305.00 and gave the stock a “buy” rating in a research note on Tuesday, May 6th. BNP Paribas raised shares of Amazon.com to a “hold” rating in a research note on Wednesday, April 30th. Finally, DA Davidson dropped their price objective on shares of Amazon.com from $280.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $244.89.

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.