Amazon.com, Inc. stock (NASDAQ:AMZN) purchased by Catalyst Financial Partners LLC

According to the latest 13F filing filed with the Securities and Exchange Commission, Catalyst Financial Partners LLC increased its stake in Amazon.com, Inc. shares. (NASDAQ:AMZN) up 4.9% in the fourth quarter. The institutional investor now owned 36,194 shares of the e-commerce giant after acquiring an additional 1,706 shares during the quarter. Amazon.com constitutes 1.6% of Catalyst Financial Partners LLC’s investment portfolio, making it the 13th largest company. Catalyst Financial Partners LLC’s stake in Amazon.com was worth $5,499,000, according to its most recent SEC filing.

Several other hedge funds have also recently increased or decreased their holdings in AMZN. Tandem Capital Management Corp ADV increased its holdings in Amazon.com by 65.4% in the third quarter. Tandem Capital Management Corp ADV now owns 3,990 shares of the e-commerce giant’s stock worth $507,000 after acquiring an additional 1,577 shares in the last quarter. Narus Financial Partners LLC increased its holdings in Amazon.com by 1.1% during the 3rd quarter. Narus Financial Partners LLC now owns 7,465 shares of the e-commerce giant’s stock valued at $949,000 after acquiring an additional 82 shares in the last quarter. Mcdonald Partners LLC increased its holdings in Amazon.com by 4.7% during the third quarter. Mcdonald Partners LLC now owns 22,664 shares of the e-commerce giant’s stock valued at $2,881,000 after acquiring an additional 1,009 shares in the last quarter. Choate Investment Advisors increased its holdings in Amazon.com by 48.0% during the third quarter. Choate Investment Advisors now owns 191,745 shares of the e-commerce giant’s stock valued at $24,375,000 after acquiring an additional 62,165 shares in the last quarter. Finally, Orca Investment Management LLC increased its stake in shares of Amazon.com by 16.2% in the third quarter. Orca Investment Management LLC now owns 7,574 shares of the e-commerce giant’s stock valued at $963,000 after purchasing an additional 1,054 shares in the last quarter. 72.20% of the shares are currently owned by hedge funds and other institutional investors.

A Wall Street analyst weighs in

A number of brokerage houses have recently commented on AMZN. Oppenheimer increased their price target on shares of Amazon.com from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. Robert W. Baird raised their target price on shares of Amazon.com from $205.00 to $210.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. 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 report on Wednesday, May 1st. Citigroup raised their price target on shares of Amazon.com from $235.00 to $245.00 and gave the stock a “buy” rating in a report on Wednesday, May 1. Finally, Loop Capital raised their target price on shares of Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. One analyst has rated the stock with a hold rating, forty-four have rated the stock with a buy rating and one has given the stock a strong buy rating. Based on data from MarketBeat, the company’s average rating is “Buy” and its average price target is $211.62.

Read our latest stock report on Amazon.com

Amazon.com shares fell 0.1%

AMZN shares opened at $182.02 on Thursday. 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 $118.35 and a 1-year high of $191.70. The company has a fifty-day moving average price of $182.37 and a two-hundred-day moving average price of $167.05. The company has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 50.99, a PEG ratio of 1.29 and a beta of 1.15.

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. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same quarter last year, the company earned $0.31 per share. The company’s revenue for the quarter increased by 12.5% ​​compared to the same quarter last year. Analysts predict that Amazon.com, Inc. will see 4.72 EPS for the current year.

Insider buying and selling on Amazon.com

In other Amazon.com news, Vice President Shelley Reynolds sold 2,700 shares of the company’s stock in a transaction 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 completion of 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 legal filing filed with the SEC, which can be accessed through the SEC’s website. 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 transaction amount of $489,753.00. Following the completion of the transaction, 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 document filed with the Securities and Exchange Commission, which can be accessed via this hyperlink. Additionally, CEO Andrew R. Jassy sold 50,000 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 $9,000,000.00. Following the transaction, the CEO now 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 a total of 117,894 shares of company stock worth $21,363,909. Insiders own 10.80% of the company’s shares.

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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