Beck Bode LLC invests $266,000 in Amazon.com, Inc. (NASDAQ:AMZN)

Beck Bode LLC acquired a new stake in shares of Amazon.com, Inc. during the fourth quarter, according to a recent disclosure with the Securities and Exchange Commission. (NASDAQ:AMZN). The institutional investor purchased 1,748 shares of the e-commerce giant worth approximately PLN 266,000. dollars.

A number of other hedge funds and other institutional investors have also recently modified their holdings in the company. Waycross Partners LLC increased its position in shares of Amazon.com by 10.1% during the fourth quarter. Waycross Partners LLC now owns 150,140 shares of the e-commerce giant’s stock valued at $22,812,000 after purchasing an additional 13,745 shares in the last quarter. In the fourth quarter, Thompson Davis & CO. Inc. increased its stake in Amazon.com shares by 120.1%. Thompson Davis & CO. Inc. now owns 4,673 shares of the e-commerce giant’s stock worth $710,000 after purchasing an additional 2,550 shares in the last quarter. Hartford Funds Management Co LLC increased its position in shares of Amazon.com by 45.7% during the fourth quarter. Hartford Funds Management Co LLC now owns 9,621 shares of the e-commerce giant’s stock valued at $1,462,000 after purchasing an additional 3,016 shares in the last quarter. Sage Rhino Capital LLC increased its position in shares of Amazon.com by 0.5% during the fourth quarter. Sage Rhino Capital LLC now owns 17,303 shares of the e-commerce giant’s stock valued at $2,629,000 after purchasing an additional 81 shares in the last quarter. Finally, Savant Capital LLC increased its holdings in Amazon.com by 7.4% in the fourth quarter. Savant Capital LLC now owns 253,956 shares of the e-commerce giant’s stock valued at $38,586,000 after acquiring an additional 17,435 shares during the period. 72.20% of the shares are in the hands of institutional investors.

Analysts set new price targets

A number of research firms have considered AMZN. Wells Fargo & Company raised their target price on Amazon.com from $217.00 to $234.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. In a report on Wednesday, May 1, Roth Mkm reissued a “buy” rating and set a price target for Amazon.com stock at $210.00 (up from $205.00). Evercore ISI upped their price target on Amazon.com from $220.00 to $225.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Sanford C. Bernstein raised their price target on Amazon.com from $175.00 to $200.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $220.00 price target for shares of Amazon.com in a research note on Wednesday, May 1st. One analyst rated the stock with a hold rating, forty-four gave it a buy rating and one gave it a strong buy rating. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $211.62.

See our latest report on AMZN

Confidential activity

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 sale, the director now owns 109,664 shares of the company’s stock valued at $19,739,520. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website. In related news, 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 USD 180.00, for a total transaction amount of USD 1,000,080.00. Following the completion of the sale, the director now owns 109,664 shares of the company’s stock valued at $19,739,520. The transaction was disclosed in a filing with the Securities and Exchange Commission, available at this hyperlink. Additionally, Keith Brian Alexander, director, sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $186.22, for a total transaction amount 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 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. Corporate insiders own 10.80% of the company’s shares.

Amazon.com pricing performance

AMZN stock opened Thursday at $183.13. Amazon.com, Inc. it has a 52-week low of $113.78 and a 52-week high of $191.70. The company has a debt to equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. The company has a market capitalization of $1.91 trillion, a P/E ratio of 51.30, a P/E/G ratio of 1.33 and a beta of 1.15. The stock has a 50-day moving average price of $181.87 and a 200-day moving average price of $165.67.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Tuesday, April 30th. The e-commerce giant reported earnings per share of $0.98 for the quarter, $0.15 above the analyst consensus of $0.83. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same period last year, the company saw an EPS of $0.31. Amazon.com revenues increased 12.5% year-over-year. 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.

Analysts set new price targets

Confidential activity

Amazon.com pricing performance

Amazon.com company profile

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