Amazon.com, Inc. (NASDAQ:AMZN) is the third-largest stock of Rathbones Group PLC

Rathbones Group PLC increased its holdings in Amazon.com, Inc. during the fourth quarter, according to its latest disclosure to the Securities and Exchange Commission (SEC). (NASDAQ:AMZN – Free Report) up 3.9%. The company owned 4,404,842 shares of the e-commerce giant’s stock after acquiring an additional 166,174 shares during the quarter. Amazon.com accounts for 4.3% of Rathbones Group PLC’s shares, making it the third largest company. Rathbones Group PLC’s stake in Amazon.com was worth $669,272,000, according to its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in AMZN. ShoreHaven Wealth Partners LLC increased its holdings in Amazon.com by 1.9% during the fourth quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant’s stock valued at $491,000 after purchasing an additional 60 shares during the period. Measured Wealth Private Client Group LLC increased its exposure to shares of Amazon.com by 2.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,562 shares of the e-commerce giant’s stock valued at $389,000 after purchasing an additional 62 shares during the period. Socha Financial Group LLC increased its exposure to shares of Amazon.com by 3.3% in the fourth quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock worth $303,000 after purchasing an additional 63 shares during the period. Lake Hills Wealth Management LLC increased its position in shares of Amazon.com by 0.8% in the fourth quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock valued at $1,213,000 after purchasing an additional 65 shares during the period. Finally, Veery Capital LLC increased its exposure to shares of Amazon.com by 1.1% in the 4th quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after purchasing an additional 66 shares during the period. Institutional investors and hedge funds hold 72.20% of the company’s shares.

Insider activity on Amazon.com

In related news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.44 for a total transaction of $3,771,048.96. Following the sale, the CEO now directly owns 2,025,358 shares of the company’s stock, valued at approximately $367,480,955.52. The transaction was disclosed in a filing with the SEC, available on the SEC’s website. In related news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.44 for a total transaction of $3,771,048.96. Following the completion of the transaction, the CEO now directly owns 2,025,358 shares of the company’s stock valued at $367,480,955.52. The transaction was disclosed in a document filed with the SEC, which is available at this link. Additionally, 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 value of $489,753.00. Following the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The announcement of this sale can be found here. Over the last three months, insiders sold 65,838 shares of company stock worth $11,984,344. 10.80% of the shares are owned by company insiders.

Amazon.com stock performance

Amazon.com shares opened on Tuesday at $187.06. The company has a market capitalization of $1.95 trillion, a P/E ratio of 52.40, a price-to-earnings ratio of 1.32 and a beta of 1.14. The company’s fifty-day simple moving average is $182.66 and its 200-day simple moving average is $169.27. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt to equity ratio of 0.27. Amazon.com, Inc. it has a 12 month low of $118.35 and a 12 month 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, $0.15 above the consensus estimate 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 estimates of $142.65 billion. During the same period last year, the company reported earnings per share of $0.31. The company’s revenues increased by 12.5% ​​year over year. Analysts predict that as a group, Amazon.com, Inc. it will record 4.72 EPS for the current year.

Wall Street analysts predict growth

AMZN has been the subject of numerous research reports. Loop Capital increased their target price on Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a report on Monday, May 6th. Citigroup raised their target price on Amazon.com from $235.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Tigress Financial increased their target price on Amazon.com from $210.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, May 30th. Telsey Advisory Group upped their target price on Amazon.com from $200.00 to $215.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Finally, DA Davidson maintained a “buy” rating on the stock and set a $235.00 price target on shares of Amazon.com in a report on Thursday, April 18th. One analyst rated the company’s shares with a hold rating, forty-three gave a buy rating and one gave a strong buy rating to the company’s shares. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $213.82.

Read our latest stock analysis on Amazon.com

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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