LWM Advisory Services LLC purchases 413 shares of Amazon.com, Inc. (NASDAQ:AMZN)

LWM Advisory Services LLC increased its position in shares of Amazon.com, Inc., according to its latest 13F filing with the Securities and Exchange Commission. (NASDAQ:AMZN – Free Report) up 2.5% in the fourth quarter. The fund owned 16,665 shares of the e-commerce giant after acquiring an additional 413 shares during the quarter. Amazon.com makes up about 2.2% of LWM Advisory Services LLC’s portfolio, making it its 10th-largest holding. At the end of the last reporting period, the value of LWM Advisory Services LLC’s shares in Amazon.com was USD 2,532,000.

Other institutional investors and hedge funds have also recently modified their holdings in the company. Socha Financial Group LLC increased its position in shares of Amazon.com by 3.3% in the 4th quarter. 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. Lake Hills Wealth Management LLC increased its holdings in Amazon.com by 0.8% in the fourth quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock valued at $1,213,000 after purchasing an additional 65 shares in the last quarter. Veery Capital LLC increased its holdings in Amazon.com by 1.1% in the 4th quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after purchasing an additional 66 shares in the last quarter. Bellwether Advisors LLC increased its holdings in Amazon.com by 2.3% during the fourth quarter. Bellwether Advisors LLC now owns 2,936 shares of the e-commerce giant’s stock valued at $446,000 after purchasing an additional 66 shares in the last quarter. Finally, StrategIQ Financial Group LLC increased its holdings in Amazon.com by 0.3% during the fourth quarter. StrategIQ Financial Group LLC now owns 23,259 shares of the e-commerce giant’s stock valued at $3,534,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds hold 72.20% of the company’s shares.

Insider activity on Amazon.com

In related news, Director Jonathan Rubinstein sold 5,556 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $180.00, for a total transaction amount of $1,000,080.00. Following the completion of the sale, the director now directly owns 109,664 shares of the company’s stock, valued at approximately $19,739,520. The sale was disclosed in a document filed with the Securities and Exchange Commission, which is available at this hyperlink. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction amount of $90,000.00. Following the closing of the transaction, the CEO now owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The transaction was disclosed in a filing with the Securities and Exchange Commission, which is available on the SEC’s website. Additionally, Director Jonathan Rubinstein sold 5,556 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $180.00, for a total value of $1,000,080.00. Following the transaction, the director now directly owns 109,664 shares of the company’s stock, valued at approximately $19,739,520. The announcement of this sale can be found here. Over the last ninety days, insiders have sold 70,320 shares of company stock worth $12,722,720. 10.80% of the shares are owned by company insiders.

Wall Street analysts predict growth

Many stock analysts have published reports on the company. Mizuho increased their price target on Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Susquehanna increased their price target on Amazon.com from $185.00 to $220.00 and gave the company a “positive” rating in a research note on Friday, February 2nd. Wells Fargo & Company increased their target price on Amazon.com from $217.00 to $234.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 1st. Piper Sandler increased their price target on Amazon.com from $205.00 to $220.00 and gave the company an “outperform” rating in a research note on Wednesday, May 1st. Finally, Moffett Nathanson reissued a “buy” rating and set a $228.00 price target on shares of Amazon.com in a research note on Thursday, April 11th. One investment analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $211.62, according to MarketBeat data.

View our latest stock report on Amazon.com

Amazon.com sales decreased by 0.2%

AMZN stock opened Wednesday at $183.15. The stock has a market capitalization of $1.91 trillion, a PE ratio of 51.30, a P/E/G ratio of 1.34 and a beta of 1.15. Amazon.com, Inc. it has a 1-year low of $113.78 and a 1-year high of $191.70. The company has a 50-day moving average of $181.73 and a 200-day moving average of $165.54. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, $0.15 above the consensus estimate of $0.83. 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%. Amazon.com’s quarterly revenue increased 12.5% ​​compared to the same quarter last year. During the same period last year, the company saw an EPS of $0.31. As a group, sell-side analysts predict that Amazon.com, Inc. will report 4.67 earnings per share for the current year.

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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