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Charles Schwab Investment Advisory Inc. has $837,000 of shares in Amazon.com, Inc. (NASDAQ:AMZN)


Charles Schwab Investment Advisory Inc., according to its latest 13F filing with the Securities and Exchange Commission. decreased its shares in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) up 31.7% in the fourth quarter. The fund owned 5,511 shares of the e-commerce giant after selling 2,560 shares in the quarter. According to its most recent filing with the SEC, shares of Charles Schwab Investment Advisory Inc. on Amazon.com they were worth $837,000.

Several other large investors also increased or decreased their stake in 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 acquiring an additional 675 shares during the period. 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 in the last quarter. Nicholas Company Inc. in the third quarter, it increased its position on Amazon.com by 3.9%. 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 during the period. Finally, Nordea Investment Management AB increased its position on 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.

Amazon.com pricing performance

NASDAQ AMZN shares opened at $182.15 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $1.90 trillion, a PE ratio of 51.02, a P/E/G ratio of 1.29 and a beta of 1.15. The company has a 50-day simple moving average of $182.29 and a 200-day simple moving average of $166.95. Amazon.com, Inc. it has a twelve month low of $118.35 and a twelve month high of $191.70.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) 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’s revenue for the quarter was $143.31 billion, compared to the consensus estimate of $142.65 billion. During the same period last year, the company earned $0.31 EPS. The company’s revenues increased by 12.5% ​​compared to the same quarter last year. Sell-side analysts predict that Amazon.com, Inc. will report an average of 4.72 EPS this year.

Insider buying and selling on Amazon.com

In other news, 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 USD 180.00, for a total transaction amount of USD 9,000,000.00. Following the completion of the sale, the CEO now owns 1,994,182 shares of the company’s stock, valued at approximately $358,952,760. The sale was disclosed in a legal filing with the SEC, available at this link. In other news, CEO Andrew R. Jassy sold 50,000 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of USD 180.00, for a total transaction amount of USD 9,000,000.00. Following the transaction, the CEO now owns 1,994,182 shares of the company’s stock valued at $358,952,760. The sale was disclosed in a document filed 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 dated 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 completion of the sale, the director now owns 109,664 shares of the company’s stock valued at $19,739,520. The announcement of this sale can be found here. Over the last three months, insiders sold 117,894 shares of company stock worth $21,363,909. Currently, 10.80% of the shares are owned by company insiders.

Wall Street analysts predict growth

Many brokerages have published reports on AMZN. Barclays raised their target price on shares of Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. BMO Capital Markets increased their price target on Amazon.com from $215.00 to $220.00 and gave the stock an “outperform” rating in a research 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. JPMorgan Chase & Co. raised their price target on Amazon.com from $225.00 to $240.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. Finally, Evercore ISI upped their price target on Amazon.com from $220.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. One investment analyst rated the company’s shares with a hold rating, forty-four rated the company’s shares with a buy rating, and one gave a strong buy rating to the company’s shares. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $211.62.

Check out our latest stock analysis on Amazon.com

About Amazon.com

(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.

See also

Institutional ownership by quarter for Amazon.com (NASDAQ:AMZN)



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