Amazon.com, Inc. (NASDAQ:AMZN) Shares acquired by Rogco LP

Rogco LP increased its stake in shares of Amazon.com, Inc. during the fourth quarter, according to its latest disclosure to the Securities and Exchange Commission. (NASDAQ:AMZN) by 93.5%. The fund owned 6,833 shares of the e-commerce giant after purchasing an additional 3,301 shares during the quarter. Rogco LP’s holdings in Amazon.com were worth $1,038,000, according to its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the industry. Vanguard Group Inc. increased its position in Amazon.com shares by 4.4% in the third quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock valued at $96,350,832,000 after purchasing an additional 32,038,029 shares during the period. International Assets Investment Management LLC increased its position in shares of Amazon.com by 16,029.3% during the 4th quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant’s stock valued at $36,260,810,000 after purchasing an additional 23,717,254 shares during the period. FMR LLC increased its position in shares of Amazon.com by 7.7% during the 3rd quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after purchasing an additional 21,649,871 shares during the period. Jennison Associates LLC increased its position in shares of Amazon.com by 28.4% during the 3rd quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock valued at $6,989,254,000 after purchasing an additional 12,176,114 shares during the period. Finally, JP Morgan Private Wealth Advisors LLC acquired a new position in shares of Amazon.com during the third quarter worth $610,138,000. Institutional investors and hedge funds hold 72.20% of the company’s shares.

A Wall Street analyst weighs in

AMZN has been the subject of several research reports. Benchmark reaffirmed a “buy” rating and set a price target for shares of Amazon.com at $200.00 in a research report on Wednesday, May 1st. TD Cowen upped their price target on Amazon.com from $200.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Argus increased their price target on Amazon.com from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Mizuho increased their price target on Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Finally, JPMorgan Chase & Co. raised their price target on Amazon.com from $225.00 to $240.00 and gave the company an “overperform” rating in a research report on Wednesday, May 1st. One equity research analyst has rated the company with a hold rating, forty-four have rated the company with a buy rating and one has given the company a strong buy rating. Based on data from MarketBeat.com, Amazon.com’s average rating is currently “Buy” and its average price target is $211.62.

Check out our latest research report on Amazon.com

Confidential activity

In other news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total transaction amount of $489,753.00. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The transaction was disclosed in a filing with the SEC, which can be accessed at this link. In related news, VP Shelley Reynolds sold 2,700 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total transaction amount of $489,753.00. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website. Additionally, CEO Andrew R. Jassy sold 50,000 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 $9,000,000.00. Following the sale, the CEO now directly owns 1,994,182 shares of the company’s stock, valued at approximately $358,952,760. The announcement of this sale can be found here. Over the last 90 days, insiders have sold 117,894 shares of company stock worth $21,363,909. Insiders own 10.80% of the company’s shares.

Amazon.com stock performance

AMZN stock opened Friday at $181.05. The company has a 50-day moving average of $181.91 and a two-hundred-day moving average of $165.77. The company has a market capitalization of $1.88 trillion, a P/E ratio of 50.71, a PEG ratio of 1.32 and a beta of 1.15. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. it has a 52-week low of $114.31 and a 52-week high of $191.70.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly 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. The company’s revenue for the quarter was $143.31 billion, 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 revenue for the quarter increased by 12.5% ​​compared to the same quarter last year. In the same quarter last year, the company reported earnings per share of $0.31. Analysts predict that as a group, Amazon.com, Inc. it will record 4.67 EPS 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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