Amazon.com, Inc. (NASDAQ:AMZN) Shares acquired by Rossmore Private Capital

Rossmore Private Capital increased its holdings in Amazon.com, Inc. shares, according to the latest Form 13F filed with the SEC. (NASDAQ:AMZN – Free Report) up 0.2% in the fourth quarter. The company owned 94,781 shares of the e-commerce giant after purchasing an additional 163 shares during the quarter. Amazon.com represents approximately 2.0% of Rossmore Private Capital’s portfolio, making it the eighth largest. Rossmore Private Capital’s stake in Amazon.com was worth $14,401,000, according to its most recent SEC filing.

Several other institutional investors also made changes to their positions in the stock. Members Trust Co increased its holdings in Amazon.com by 8.9% in the fourth quarter. Members Trust Co now owns 4,157 shares of the e-commerce giant’s stock valued at $638,000 after acquiring an additional 341 shares in the last quarter. Cherrydale Wealth Management LLC increased its holdings in 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 in the last quarter. Tompkins Financial Corp increased its position 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 purchasing an additional 2,273 shares during the period. Nicholas Company Inc. increased its position in Amazon.com shares 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 purchasing an additional 26,465 shares during the period. Finally, Nordea Investment Management AB increased its position in shares of Amazon.com by 5.4% during 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 purchasing an additional 277,631 shares during the period. 72.20% of the shares are currently held by institutional investors and hedge funds.

Changes in analyst ratings

Many research firms have recently commented on AMZN. Oppenheimer increased their price target on shares of Amazon.com from $210.00 to $220.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. Raymond James increased their target price on shares of Amazon.com from $200.00 to $205.00 and gave the company a “single buy” rating in a research report on Wednesday, May 1st. Loop Capital raised their target price on shares of Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Monday, May 6. On Wednesday, May 1, Rosenblatt Securities reissued a “buy” rating and set a $220.00 price target on shares of Amazon.com. Finally, TD Cowen increased their price target on shares of Amazon.com from $200.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. One equity research analyst rated the company’s shares with a hold recommendation, forty-four issued a buy recommendation, and one gave a strong buy recommendation. Amazon.com currently has an average rating of “Buy” and a consensus price target of $212.40, according to MarketBeat data.

Read our latest report on AMZN

Amazon.com stock performance

AMZN stock opened Friday at $176.44. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. The company has a market capitalization of $1.84 trillion, a PE ratio of 49.42, a price-to-earnings-growth ratio of 1.30 and a beta of 1.15. The stock has a 50-day moving average of $182.34 and a 200-day moving average of $167.37. Amazon.com, Inc. it has a 1-year low of $118.35 and a 1-year high of $191.70.

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 (EPS) for the quarter, which topped analyst consensus estimates of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company had revenue of $143.31 billion for the quarter, compared to analyst expectations of $142.65 billion. During the same period last year, the company earned $0.31 EPS. Amazon.com’s revenue for the quarter increased 12.5% ​​compared to the same quarter last year. As a group, sell-side analysts expect Amazon.com, Inc. will report 4.72 earnings per share for the current year.

Buying and selling confidential information

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 completion of the sale, the vice president now directly 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. In other Amazon.com news, Executive Vice President 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 completion of the transaction, 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 Securities and Exchange Commission, which is available at this hyperlink. Additionally, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $181.44, for a total value of $3,771,048.96. Following the transaction, the CEO now directly owns 2,025,358 shares of the company’s stock, valued at approximately $367,480,955.52. 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. 10.80% of the shares are owned by corporate insiders.

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.

Featured Stories

Get daily news and ratings for Amazon.com – Enter your email address below to receive a daily concise summary of the latest news and analyst ratings for Amazon.com and related companies with MarketBeat.com’s FREE daily email newsletter.