Prudent Man Advisors LLC has a $2.64 million stake in Amazon.com, Inc. (NASDAQ:AMZN)

According to the latest information provided to the Securities and Exchange Commission, Prudent Man Advisors LLC reduced its stake in Amazon.com, Inc. shares. (NASDAQ:AMZN – Free Report) up 0.5% in the fourth quarter. The fund owned 17,404 shares of the e-commerce giant after selling 84 shares during the quarter. Amazon.com represents approximately 1.0% of Prudent Man Advisors LLC’s investment portfolio, making it its 15th largest holding. At the end of the last quarter, Prudent Man Advisors LLC’s stock in Amazon.com was worth $2,644,000.

Other large investors also increased or decreased their stakes in the company. ShoreHaven Wealth Partners LLC increased its position in shares of 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 acquiring an additional 60 shares during the period. Measured Wealth Private Client Group LLC increased its position in 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 acquiring an additional 62 shares during the period. Socha Financial Group LLC increased its position in shares of Amazon.com by 3.3% in the 4th quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock worth $303,000 after acquiring an additional 63 shares during the period. Lake Hills Wealth Management LLC increased its position in shares of Amazon.com by 0.8% during 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 acquiring an additional 65 shares during the period. Finally, Veery Capital LLC increased its position in shares of Amazon.com by 1.1% during the fourth quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after acquiring an additional 66 shares during the period. Institutional investors and hedge funds hold 72.20% of the company’s shares.

Analysts set new price targets

Many analysts have recently published reports on AMZN stock. Citigroup raised their target price on shares of Amazon.com from $235.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $225.00 to $240.00 and gave the stock an “overweight” 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. Mizuho increased their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock a “buy” in a report on Wednesday, May 1st. Finally, Oppenheimer raised 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. One equity research analyst rated the company’s shares with a hold recommendation, forty-three issued a buy recommendation, and one issued a strong buy recommendation. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $213.82.

View our latest stock report on Amazon.com

Amazon.com pricing performance

On Tuesday, NASDAQ AMZN opened at $187.06. Amazon.com, Inc. it has a 52-week low of $118.35 and a 52-week high of $191.70. The company has a market capitalization of $1.95 trillion, a PE ratio of 52.40, a price-to-earnings growth ratio of 1.32 and a beta of 1.14. 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 company’s 50-day simple moving average is $182.66 and its two-hundred-day simple moving average is $169.27.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, which topped analysts’ consensus estimates of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s revenue for the quarter was $143.31 billion, compared to the consensus estimate of $142.65 billion. During the same period last year, the company reported earnings per share of $0.31. The company’s revenue for the quarter increased by 12.5% ​​year-over-year. Analysts predict that Amazon.com, Inc. will see 4.72 earnings per share for the current year.

Amazon.com Confidential Transactions

In other 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 value of $90,000.00. Following the sale, the CEO now directly owns 132,600 shares of the company’s stock, valued at $23,868,000. The sale was disclosed in a legal filing filed with the Securities and Exchange Commission, available at this link. 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 value of $489,753.00. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The sale was disclosed in a letter filed with the Securities and Exchange Commission, which is available on the SEC’s website. Additionally, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the CEO now directly owns 132,600 shares of the company’s stock valued at $23,868,000. The announcement of this sale can be found here. Over the last ninety days, insiders have sold 65,838 shares of company stock worth $11,984,344. Currently, 10.80% of the shares are owned by corporate insiders.

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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