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F&V Capital Management LLC buys new position in Amazon.com, Inc. (NASDAQ:AMZN)


According to the latest filing with the Securities and Exchange Commission (SEC), F&V Capital Management LLC purchased a new position in Amazon.com, Inc. in the first quarter. (NASDAQ:AMZN). The fund bought 1,323 shares of the e-commerce giant worth approximately PLN 239,000. dollars.

A number of other hedge funds also added to or decreased their holdings in the business. ShoreHaven Wealth Partners LLC increased its position in Amazon.com by 1.9% in the fourth quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant’s stock worth $491,000 after purchasing an additional 60 shares during the period. O Dell Group LLC increased its holdings in Amazon.com by 0.5% during the fourth quarter. O Dell Group LLC now owns 13,581 shares of the e-commerce giant’s stock worth $2,064,000 after acquiring an additional 61 shares during the last quarter. Measured Wealth Private Client Group LLC increased its position in Amazon.com stock by 2.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,562 shares of the e-commerce giant’s stock worth $389,000 after acquiring an additional 62 shares during the period. Ballew Advisors Inc increased its holdings in shares of Amazon.com by 1.5% in the first quarter. Ballew Advisors Inc now owns 4,248 shares of the e-commerce giant’s stock worth $790,000 after purchasing an additional 62 shares during the period. Finally, in the fourth quarter, Socha Financial Group LLC increased its holdings in Amazon.com by 3.3%. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock worth $303,000 after purchasing an additional 63 shares in the last quarter. Institutional investors now own 72.20% of the outstanding stock.

Insider buying and selling on Amazon.com

In related news, VP Shelley Reynolds sold 2,700 shares of the company’s stock in a transaction that occurred on Tuesday, May 21. The shares were sold at an average price of $181.39, for a total value of $489,753.00. Following the sale, the VP now directly owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which can be accessed through the SEC’s website. In related news, Director Keith Brian Alexander sold 1,000 shares of the company’s stock in a transaction on Monday, May 6. The shares were sold at an average price of $186.22, for a total value of $186,220.00. Following the completion of the sale, the director now owns 4,760 shares of the company’s stock, valued at $886,407.20. The sale was disclosed in a document filed with the Securities and Exchange Commission, which can be accessed through this hyperlink . Additionally, Vice President Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction on Tuesday, May 21. The shares were sold at an average price of $181.39, for a total transaction value of $489,753.00. Following the completion of the sale, the Vice President now owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. An announcement regarding the sale can be found here . In the last quarter, insiders sold 65,338 shares of the company’s stock, valued at $11,894,344. Insiders currently own 10.80% of the stock.

Amazon.com pricing performance

AMZN opened at $193.25 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. The stock’s 50-day simple moving average is $183.87, and its 200-day simple moving average is $173.11. The company has a market cap of $2.01 trillion, a price-to-earnings ratio of 54.13, a PEG ratio of 1.42 and a beta of 1.14. Amazon.com, Inc. has a 1-year low of $118.35 and a 1-year high of $199.84.

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

Analysts set new price targets

AMZN has been the subject of several recent research reports. Rosenblatt Securities reissued a “buy” rating and set a $220.00 price target on shares of Amazon.com in a research report on Wednesday, May 1st. Argus increased their price target on shares of Amazon.com from $185.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. JMP Securities reiterated a market outperform rating and set a $225.00 price target on shares of Amazon.com in a research note on Wednesday, May 1st. UBS Group increased their target price on shares of Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Finally, Bank of America raised their price target on Amazon.com shares from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday. One analyst has rated the stock as a hold, forty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $215.86.

Check out our latest report on Amazon.com

Amazon.com Company Profile

(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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Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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



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