Evergreen Advisors LLC invests $237,000 in Amazon.com, Inc. (NASDAQ:AMZN)

Evergreen Advisors LLC acquired a new position in Amazon.com, Inc. during the fourth quarter, according to its latest filing with the SEC. (NASDAQ:AMZN – Free Report). The company bought 1,560 shares of the e-commerce giant’s stock worth about $237,000. Amazon.com represents 0.1% of Evergreen Advisors LLC’s investment portfolio, making it its 17th largest holding.

Several other large investors have also recently adjusted their stakes in the company. PayPay Securities Corp increased its holdings in Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 94 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. increased its holdings in Amazon.com by 45.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after acquiring an additional 86 shares in the last quarter. Strid Group LLC bought a new stake in shares of Amazon.com during the fourth quarter worth $43,000. Bruce G. Allen Investments LLC bought a new stake in shares of Amazon.com during the fourth quarter worth $57,000. Finally, Authentikos Wealth Advisory LLC acquired a new stake in shares of Amazon.com during the third quarter worth approximately $49,000. Currently, 72.20% of the shares are held by institutional investors.

Amazon.com shares fell 1.5%

AMZN shares opened at $179.32 on Friday. Amazon.com, Inc. it has a twelve month low of $118.35 and a twelve month high of $191.70. 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 market value of the company’s shares is $1.87 trillion, the P/E ratio is 50.23, the PEG ratio is 1.30 and the beta is 1.15. The company’s 50-day moving average price is $182.39 and its 200-day moving average price is $167.14.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data 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’s revenue for the quarter was $143.31 billion, compared to analyst expectations of $142.65 billion. During the same period last year, the company earned $0.31 EPS. The company’s quarterly revenue increased 12.5% ​​year-over-year. Stock research analysts predict that Amazon.com, Inc. will report an average of 4.72 EPS this year.

Insider activity on Amazon.com

In related news, Director Jonathan Rubinstein sold 5,556 shares of Amazon.com 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 sale, the director now owns 109,664 shares of the company’s stock, valued at approximately $19,739,520. The sale was disclosed in a filing with the Securities and Exchange Commission, which can be accessed through the SEC’s website. In related news, Director Jonathan Rubinstein sold 5,556 shares of Amazon.com 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 sale, the director now owns 109,664 shares of the company’s stock, valued at approximately $19,739,520. The sale was disclosed in a filing with the Securities and Exchange Commission, which can be accessed through the SEC’s website. Additionally, CEO Andrew R. Jassy sold 50,000 shares of Amazon.com 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. 10.80% of the shares are owned by company insiders.

Wall Street analysts predict growth

AMZN has been the subject of several analyst reports. Stifel Nicolaus increased their price target on Amazon.com from $224.00 to $228.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Evercore ISI increased their price target on Amazon.com from $220.00 to $225.00 and gave the company an “outperform” rating in a research note on Wednesday, May 1st. Truist Financial raised their target price on Amazon.com from $216.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Robert W. Baird raised their price target on Amazon.com from $205.00 to $210.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. Finally, Goldman Sachs Group increased their price target on Amazon.com from $220.00 to $225.00 and gave the stock a “buy” in a report on Wednesday, May 1st. One analyst has rated the company with a hold rating, forty-four have issued a buy rating to the company and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $212.40, according to MarketBeat.com.

Get our latest analysis on AMZN

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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