Willner & Heller LLC acquires $1.98 million position in Amazon.com, Inc. (NASDAQ:AMZN)

Willner & Heller LLC acquired new shares of Amazon.com, Inc., according to the latest Form 13F filed with the Securities and Exchange Commission (SEC). (NASDAQ:AMZN) in the fourth quarter. The fund purchased 13,033 shares of the e-commerce giant worth approximately $1,980,000. Amazon.com represents approximately 2.2% of Willner & Heller LLC’s portfolio, making it the sixth largest company.

Several other hedge funds and other institutional investors also recently modified their holdings in the company. 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 purchasing an additional 86 shares during the period. Strid Group LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth approximately $43,000. Clarity Asset Management Inc. acquired new shares of Amazon.com during the fourth quarter worth approximately $46,000. Bruce G. Allen Investments LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth approximately $57,000. Finally, Advantage Trust Co acquired a new stake in shares of Amazon.com during the fourth quarter worth approximately $68,000. Institutional investors and hedge funds hold 72.20% of the company’s shares.

Wall Street analysts predict growth

Several equity research analysts have commented on AMZN stock. Tigress Financial raised their target price on shares of Amazon.com from $210.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, May 30. Citigroup increased their target price on shares of Amazon.com from $235.00 to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1. Loop Capital increased their target price on shares of Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a research report on Monday, May 6. Maxim Group lowered their target price on shares of Amazon.com from $318.00 to $238.00 and set a “buy” rating on the stock in a research report on Wednesday, May 1st. Finally, Morgan Stanley raised their price target on shares of Amazon.com from $215.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. One analyst has rated the company with a hold rating, forty-three analysts have rated the company with a buy rating and one has rated the company with a strong buy rating. Based on data from MarketBeat, the Amazon.com consensus rating is “Buy” and the average price target is $213.82.

Get our latest analysis on AMZN

Amazon.com stock performance

NASDAQ AMZN shares opened on Monday at $183.66. The company has a 50-day simple moving average of $182.92 and a 200-day simple moving average of $170.35. The company has a market capitalization of $1.91 trillion, a price-to-earnings ratio of 51.45, a PEG ratio of 1.32 and a beta of 1.14. Amazon.com, Inc. it has a 1-year low of $118.35 and a 1-year high of $191.70. 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 (NASDAQ:AMZN – Get Free Report) last released its quarterly 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. The company’s revenue for the quarter was $143.31 billion, compared to analyst expectations of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s quarterly revenues increased by 12.5% ​​compared to the same quarter last year. During the same quarter last year, the company earned $0.31 per share. Sales analysts expect Amazon.com, Inc. will see 4.72 EPS for the current year.

Confidential activity on Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $177.29, for a total transaction amount of $620,515.00. Following the transaction, the CEO now owns 523,253 shares of the company’s stock, valued at $92,767,524.37. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Amazon.com 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 transaction, the CEO now owns 132,600 shares of the company’s stock valued at $23,868,000. The sale was disclosed in a document filed with the SEC, which is available at this link. Additionally, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $177.29, for a total value of $620,515.00. Following the sale, the CEO now directly owns 523,253 shares of the company’s stock, valued at approximately $92,767,524.37. The announcement of this sale can be found here. Over the last 90 days, insiders have sold a total of 65,838 shares of company stock worth $11,984,344. Insiders own 10.80% of the company’s shares.

About Amazon.com

(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

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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.