Nvwm LLC holds shares of Amazon.com, Inc. worth $11.02 million (NASDAQ:AMZN)

According to the latest 13F filing filed with the Securities and Exchange Commission (SEC), Nvwm LLC increased its holdings in Amazon.com, Inc. shares. (NASDAQ:AMZN) by 0.8% in the fourth quarter. The company owned 72,541 shares of the e-commerce giant after purchasing an additional 599 shares during the quarter. Amazon.com constitutes approximately 3.3% of Nvwm LLC’s investment portfolio, making it the third largest company. Nvwm LLC’s stake in Amazon.com was worth $11,022,000, according to its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold AMZN stock. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased its holdings in Amazon.com by 95.4% in the third quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 7,854 shares of the e-commerce giant’s stock valued at $998,000 after purchasing an additional 3,834 shares in the last quarter. Centurion Wealth Management LLC increased its holdings in Amazon.com by 1.7% during the third quarter. Centurion Wealth Management LLC now owns 15,791 shares of the e-commerce giant’s stock valued at $2,007,000 after purchasing an additional 269 shares in the last quarter. Annex Advisory Services LLC increased its holdings in Amazon.com by 33.7% in the third quarter. Annex Advisory Services LLC now owns 133,170 shares of the e-commerce giant’s stock valued at $16,929,000 after purchasing an additional 33,559 shares in the last quarter. 180 Wealth Advisors LLC increased its holdings in Amazon.com by 0.6% during the third quarter. 180 Wealth Advisors LLC now owns 96,494 shares of the e-commerce giant’s stock valued at $12,266,000 after purchasing an additional 544 shares in the last quarter. Ultimately, Genus Capital Management Inc. increased its stake in Amazon.com shares by 208.2% in the third quarter. Genus Capital Management Inc. now owns 35,500 shares of the e-commerce giant’s stock valued at $4,513,000 after purchasing an additional 23,980 shares during the period. 72.20% of the shares are held by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research reports. Citigroup increased their target price on Amazon.com from $235.00 to $245.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Moffett Nathanson reissued a “buy” rating on Thursday, April 11 and set a $228.00 price target for shares of Amazon.com in a research note. Argus raised their price target on Amazon.com from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. Needham & Company LLC reissued a “buy” rating and set a $205.00 price target on shares of Amazon.com in a research note on Wednesday, May 15. Finally, 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 note on Wednesday, May 1st. One analyst rated the stock with a hold rating, forty-four gave it a buy rating and one gave it a strong buy rating. Based on data from MarketBeat.com, the company’s consensus rating is “Buy” and the average price target is $212.40.

Read our latest stock report on AMZN

Amazon.com stock performance

Shares of Amazon.com opened at $178.34 on Tuesday. The company has a market capitalization of $1.86 trillion, a price-to-earnings ratio of 49.96, a price-to-earnings growth ratio of 1.26 and a beta of 1.14. The stock’s 50-day moving average is $182.31 and its 200-day moving average is $167.94. Amazon.com, Inc. it has a 1-year low of $118.35 and a 1-year high of $191.70. 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 (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported EPS of $0.98 for the quarter, topping analysts’ 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’s revenue for the quarter was $143.31 billion, compared to analyst estimates of $142.65 billion. During the same period last year, the company reported earnings per share of $0.31. The company’s quarterly revenues increased by 12.5% ​​compared to the same quarter last year. Stock analysts predict that Amazon.com, Inc. will report 4.72 earnings per share for the current financial year.

Buying and selling confidential information

In related 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 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 filing with the Securities and Exchange Commission, which can be accessed via this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction amount of $90,000.00. Following the sale, the CEO now owns 132,600 shares of the company’s stock valued at $23,868,000. The transaction was disclosed in a filing with the Securities and Exchange Commission, which can be accessed via this hyperlink. Additionally, 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 value of $489,753.00. Following the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The announcement of this sale can be found here. In the last quarter, insiders sold 62,338 shares of company stock worth $11,363,829. Corporate insiders own 10.80% of the company’s shares.

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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