SYM FINANCIAL Corp increases its stake in Amazon.com, Inc. (NASDAQ:AMZN)

According to the latest 13F filing filed with the Securities and Exchange Commission, SYM FINANCIAL Corp increased its holdings in Amazon.com, Inc. shares. (NASDAQ:AMZN – Free Report) up 27.4% in the fourth quarter. The fund owned 6,085 shares of the e-commerce giant after purchasing an additional 1,309 shares during the quarter. SYM FINANCIAL Corp’s stake in Amazon.com was worth $925,000, according to its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions at the company. Members Trust Co increased its holdings in Amazon.com by 8.9% in the fourth quarter. Members Trust Co, after purchasing an additional 341 shares during the period, now owns 4,157 shares of the e-commerce giant’s stock valued at $638,000. Cherrydale Wealth Management LLC increased its position in shares of Amazon.com by 14.7% during the fourth quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant’s stock valued at $799,000 after purchasing an additional 675 shares in the last quarter. Tompkins Financial Corp increased its holdings in shares of Amazon.com by 3.3% during the fourth quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant’s stock valued at $10,875,000 after acquiring an additional 2,273 shares during the period. Nicholas Company Inc. increased its shares in Amazon.com by 3.9% in the third quarter. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant’s stock valued at $89,628,000 after acquiring an additional 26,465 shares in the last quarter. Finally, Nordea Investment Management AB increased its holdings in Amazon.com by 5.4% in the fourth quarter. Nordea Investment Management AB now owns 5,397,520 shares of the e-commerce giant’s stock worth $825,065,000 after acquiring an additional 277,631 shares during the period. Institutional investors hold 72.20% of the company’s shares.

Analysts set new price targets

Many stock analysts have rated AMZN stock. Canaccord Genuity Group raised their target price on shares of Amazon.com from $185.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Benchmark reiterated a “buy” rating and set a $200.00 price target on shares of Amazon.com in a research note on Wednesday, May 1st. DA Davidson maintained a “buy” rating and set a $235.00 price target on shares of Amazon.com in a research report. Royal Bank of Canada increased their price target on Amazon.com from $180.00 to $215.00 and gave the stock an “outperform” rating in a research report on Friday, February 2. Finally, Piper Sandler increased their price target on Amazon.com from $205.00 to $220.00 and gave the stock an “overperform” rating in a report on Wednesday, May 1st. One equity research analyst rated the company with a hold rating, forty-four issued a buy rating and one gave a strong buy rating to the company. Based on data from MarketBeat, Amazon.com’s average rating is “Buy” and its average price target is $211.62.

See our latest report on Amazon.com

Insider buying and selling on Amazon.com

In other news, Director Jonathan Rubinstein sold 5,556 shares of the company’s stock in a transaction on 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 transaction, the director now owns 109,664 shares of the company’s stock, valued at approximately $19,739,520. The transaction was disclosed in a filing with the Securities and Exchange Commission, available at this link. In other news, VP Shelley Reynolds sold 2,700 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $181.39 for a total 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. The transaction was disclosed in a document filed with the SEC, 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 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 announcement of this sale can be found here. Over the last ninety days, insiders have sold a total of 117,894 shares of company stock worth $21,363,909. Corporate insiders own 10.80% of the company’s shares.

Amazon.com sales decreased by 0.2%

AMZN stock opened at $180.75 on Monday. The company has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 50.63, a PEG ratio of 1.29 and a beta of 1.15. 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, Inc. it has a 1-year low of $114.31 and a 1-year high of $191.70. The company has a 50-day moving average of $182.04 and a 200-day moving average of $166.39.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Tuesday, April 30th. The e-commerce giant reported EPS 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 estimates 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 revenues increased by 12.5% ​​compared to the same quarter last year. During the same period last year, the company reported earnings per share of $0.31. On average, analysts expect Amazon.com, Inc. this year. will see 4.72 EPS.

Amazon.com 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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