Amazon.com, Inc. (NASDAQ:AMZN) Shares sold by Affinity Capital Advisors LLC

Affinity Capital Advisors LLC reduced its stake in Amazon.com, Inc., according to its latest Form 13F filing with the Securities and Exchange Commission. (NASDAQ:AMZN – Free Report) up 1.2% in the first quarter. The company owned 10,900 shares of the e-commerce giant after selling 127 shares during the quarter. At the end of the last reporting period, the value of Affinity Capital Advisors LLC’s shares in Amazon.com was USD 1,966,000.

Several other major investors also recently bought and sold AMZN shares. Beech Hill Advisors Inc. increased its position in Amazon.com shares by 15.7% in the first quarter. Beech Hill Advisors Inc. now owns 60,970 shares of the e-commerce giant’s stock worth $10,998,000 after purchasing an additional 8,270 shares in the last quarter. Quad Cities Investment Group LLC increased its position in Amazon.com shares by 7.6% in the first quarter. Quad Cities Investment Group LLC now owns 26,485 shares of the e-commerce giant’s stock worth $4,777,000 after purchasing an additional 1,872 shares in the last quarter. Retirement Planning Group LLC increased its position in Amazon.com shares by 29.6% in the first quarter. Retirement Planning Group LLC now owns 10,109 shares of the e-commerce giant’s stock worth $1,823,000 after purchasing an additional 2,311 shares during the last quarter. Bourne Lent Asset Management Inc. increased its position in shares of Amazon.com by 2.3% in the first quarter. Bourne Lent Asset Management Inc. now owns 26,190 shares of the e-commerce giant’s stock worth $4,724,000 after purchasing an additional 600 shares in the last quarter. Finally, Fermata Advisors LLC increased its position in shares of Amazon.com by 12.4% in the first quarter. Fermata Advisors LLC now owns 16,292 shares of the e-commerce giant’s stock worth $2,939,000 after purchasing an additional 1,799 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street analysts rate

Several analysts have recently commented on the company. Loop Capital raised their price objective on Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Benchmark restated a “buy” rating and issued a $200.00 price target on shares of Amazon.com in a research report on Wednesday, May 1st. Stifel Nicolaus raised their price objective on Amazon.com from $224.00 to $228.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Rosenblatt Securities reiterated a “buy” rating and set a $220.00 price target on shares of Amazon.com in a research report on Wednesday, May 1st. Finally, Truist Financial raised their price target on Amazon.com from $216.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a “hold”, forty-three have rated the stock with a “buy” rating and one has rated the stock with a “strong buy” rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $215.86.

Read our latest stock analysis on Amazon.com

Amazon.com stocks down 2.3%

On Friday, Amazon.com shares closed at $193.25. Amazon.com, Inc. it has a twelve month low of $118.35 and a twelve month high of $199.84. The stock has a 50-day moving average of $183.87 and a two-hundred-day moving average of $172.93. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt to equity ratio of 0.27. The stock has a market capitalization of $2.01 trillion, a price-to-earnings ratio of 54.13, a PEG ratio of 1.39 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.15. The company had revenue of $143.31 billion for the quarter, compared to analyst expectations of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s quarterly revenue increased 12.5% ​​compared to the same quarter last year. During the same period last year, the company earned $0.31 in earnings per share. As a group, research analysts expect Amazon.com, Inc. will report $4.72 earnings per share for the current year.

Internal activity

In related news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.39, bringing the total transaction amount to $489,753.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The sale was disclosed in legal documents filed with the SEC, which can be accessed through the SEC’s website. In related news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.39, bringing the total transaction amount to $489,753.00. Following the completion of the transaction, the vice president directly owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The sale was disclosed in legal documents filed with the SEC, which can be accessed through the SEC’s website. Additionally, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $180.73, bringing the total to $632,555.00. Following the transaction, the CEO directly owns 512,858 shares of the company’s stock, valued at approximately $92,688,826.34. Disclosure for this sale can be found here. Insiders sold 65,338 shares of company stock worth $11,894,344 over the last three months. 10.80% of the shares are currently owned by company insiders.

About Amazon.com

(Free report)

Amazon.com, Inc. retails consumer products, advertising and subscription services through online and physical stores in North America and abroad. The company operates in three segments: North America, International and Amazon Web Services (AWS). It also manufactures and sells electronic devices including Kindle, Fire tablets, Fire TV, Echo, Ring, Blink and eero; and develops and produces media content.

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