Key Client Fiduciary Advisors LLC buys 1,815 shares of Amazon.com, Inc. (NASDAQ:AMZN)

Key Client Fiduciary Advisors LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.0% in the 1st quarter, according to the company’s latest 13F filing with the Securities and Exchange Commission. The firm now owns 27,571 shares of the e-commerce giant after purchasing an additional 1,815 shares during the period. Amazon.com makes up 2.6% of Key Client Fiduciary Advisors LLC’s portfolio, making it the 8th largest stock. Key Client Fiduciary Advisors LLC’s stake in Amazon.com was worth $4,973,000, according to the company’s latest 13F filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Collective Family Office LLC increased its stake in Amazon.com by 9.7% in the first quarter. Collective Family Office LLC now owns 9,278 shares of the e-commerce giant’s stock worth $1,674,000 after purchasing an additional 819 shares during the period. Members Trust Co increased its stake in Amazon.com by 8.9% in the fourth quarter. Members Trust Co now owns 4,157 shares of the e-commerce giant’s stock worth $638,000 after purchasing an additional 341 shares during the period. Cherrydale Wealth Management LLC increased its stake in Amazon.com by 14.7% in the fourth quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant’s stock worth $799,000 after purchasing an additional 675 shares in the last quarter. Tompkins Financial Corp. increased its stake in shares of Amazon.com by 3.3% in the 4th quarter. Tompkins Financial Corp. now owns 71,576 shares of the e-commerce giant’s stock worth $10,875,000 after purchasing an additional 2,273 shares in the last quarter. Finally, Nicholas Company Inc. increased its stake in shares of Amazon.com by 3.9% in the 3rd quarter. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant’s stock worth $89,628,000 after purchasing an additional 26,465 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com shares down 2.3%

Shares of NASDAQ AMZN opened at $193.25 on Monday. The company’s 50-day simple moving average is $183.87, and its 200-day simple moving average is $173.28. The company has a market capitalization of $2.01 trillion, a price-to-earnings ratio of 54.13, a price-to-earnings-growth ratio of 1.38, and a beta of 1.14. The company has a current ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 12-month low of $118.35 and a 12-month high of $199.84.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly 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. The company had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s quarterly revenue increased 12.5% year-over-year. During the same quarter last year, the company earned $0.31 EPS. Research analysts, on average, expect Amazon.com, Inc. to report $4.72 earnings per share for the current fiscal year.

Wall Street analysts assess

AMZN has been the subject of several recent research reports. Loop Capital raised their price objective on shares of Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Monday, May 6. Bank of America raised their price objective on shares of Amazon.com from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, June 26. Moffett Nathanson reaffirmed a “buy” rating and issued a $228.00 price objective on shares of Amazon.com in a research note on Thursday, April 11. Maxim Group lowered their price objective on shares of Amazon.com from $318.00 to $238.00 and set a “buy” rating on the stock in a research note on Wednesday, May 1. Finally, Oppenheimer raised their price target on shares of Amazon.com from $210.00 to $220.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1. One analyst rated the stock a “hold,” forty-three have given a “buy” rating, and one has given a “strong buy” rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $215.86.

Read our latest report on Amazon.com

Buying and selling confidential information

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, April 4. The shares were sold at an average price of $184.00, for a total transaction value of $92,000.00. Following the transaction, the CEO now directly owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The transaction was disclosed in documents filed with the SEC, which can be accessed through the SEC’s website . In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, April 4. The shares were sold at an average price of $184.00, for a total transaction value of $92,000.00. Following the transaction, the CEO now directly owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The transaction was disclosed in 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 dated Wednesday, May 1. The shares were sold at an average price of $180.29, for a total transaction value of $631,015.00. Following the transaction, the CEO now owns 509,358 shares of the company’s stock, valued at $91,832,153.82. Disclosure of this sale can be found here. Insiders have sold a total of 61,838 shares of the company’s stock valued at $11,261,789 over the last 90 days. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Company Profile

(Free report)

Amazon.com, Inc. is a consumer products retailer, advertising, and subscription service through online and physical stores in North America and internationally. 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 multimedia content.

Amazon.com shares down 2.3%

Wall Street analysts assess

Buying and selling confidential information

Amazon.com Company Profile

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