Williams Financial LLC has a $228,000 position in Amazon.com, Inc. (NASDAQ:AMZN)

Williams Financial LLC has purchased new shares of Amazon.com, Inc., according to its latest filing with the Securities and Exchange Commission (SEC). (NASDAQ:AMZN) in the first quarter. The institutional investor bought 1,264 shares of the e-commerce giant worth approximately PLN 228,000. dollars. Amazon.com comprises about 0.2% of Williams Financial LLC’s investment portfolio, making it the 17th largest stock.

Other institutional investors and hedge funds have also recently made changes to their positions at the company. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth approximately $30,000. In the fourth quarter, E Fund Management Hong Kong Co. Ltd. increased its stake in Amazon.com by 45.0%. 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 in the last quarter. Strid Group LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth approximately $43,000. In the fourth quarter, Clarity Asset Management Inc. purchased new shares of Amazon.com worth approximately $46,000. Finally, Bruce G. Allen Investments LLC acquired a new stake in shares of Amazon.com during the 4th quarter worth approximately $57,000. Hedge funds and other institutional investors hold 72.20% of the company’s shares.

Amazon.com turnover increase by 1.6%

AMZN stock opened at $189.08 on Friday. The company has a market capitalization of $1.97 trillion, a PE ratio of 52.96, a price-to-earnings growth ratio of 1.31 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’s 50-day moving average price is $182.78 and its two-hundred-day moving average price is $171.37. The company has a debt to equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07.

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, $0.15 above the consensus estimate of $0.83. The company’s revenue for the quarter was $143.31 billion, compared to the consensus estimate of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s revenues increased by 12.5% compared to the same quarter last year. During the same period last year, the company reported earnings per share of $0.31. Analysts predict that as a group, Amazon.com, Inc. will see 4.72 earnings per share in the current fiscal year.

Insiders place their bets

In related news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $177.29 for a total value of $620,515.00. Following the transaction, the CEO now directly owns 523,253 shares of the company’s stock, valued at $92,767,524.37. The sale was disclosed in a legal filing filed with the SEC, which can be accessed at this link. In related news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $177.29 for a total value of $620,515.00. Following the transaction, the CEO now directly owns 523,253 shares of the company’s stock, valued at $92,767,524.37. The sale was disclosed in a legal filing with the SEC, which can be accessed at this link. Additionally, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total transaction amount of $92,000.00. Following the closing of the transaction, the CEO now directly owns 131,600 shares of the company’s stock valued at $24,214,400. The announcement of this sale can be found here. Over the last ninety days, insiders have sold 65,338 shares of company stock worth $11,894,344. Currently, 10.80% of the shares are owned by corporate insiders.

The Wall Street analyst concludes

Many analysts have recently published reports on AMZN stock. Argus raised their target price on shares of Amazon.com from $185.00 to $205.00 and gave the stock a “buy” in a report on Thursday, May 2. Stifel Nicolaus increased their target price on shares of Amazon.com from $224.00 to $228.00 and gave the stock a “buy” in a report on Wednesday, May 1st. Roth Mkm maintained a “buy” rating and set a target price of $210.00 (up from $205.00) for shares of Amazon.com in a report published on Wednesday, May 1. Moffett Nathanson maintained a “buy” rating and set a $228.00 price target on shares of Amazon.com in a research report on Thursday, April 11th. Finally, Citigroup raised 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 1st. 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. According to MarketBeat, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $215.37.

Get our latest analysis on AMZN

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.

Amazon.com turnover increase by 1.6%

Insiders place their bets

The Wall Street analyst concludes

About Amazon.com

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