Compton Wealth Advisory Group LLC increases its stock position in Amazon.com, Inc. (NASDAQ:AMZN)

Compton Wealth Advisory Group LLC has increased its holdings in Amazon.com, Inc., according to its latest disclosure to the Securities and Exchange Commission (SEC). (NASDAQ:AMZN) up 0.6% in the first quarter. The fund owned 29,720 shares of the e-commerce giant after purchasing an additional 165 shares during the period. Amazon.com makes up about 1.5% of Compton Wealth Advisory Group LLC’s investment portfolio, making it the stock’s 17th-largest holding. At the end of the last reporting period, the value of Compton Wealth Advisory Group LLC’s shares in Amazon.com was USD 5,361,000.

Other institutional investors and hedge funds have also recently increased or decreased their stakes in the company. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Amazon.com during the third quarter worth approximately $898,000. Wade GW & Inc. increased its stake in Amazon.com by 2.9% in the third quarter. Wade GW & Inc. now owns 251,454 shares of the e-commerce giant’s stock valued at $31,965,000 after acquiring an additional 7,126 shares in the last quarter. WG Shaheen & Associates DBA Whitney & Co increased its holdings in Amazon.com by 0.8% in the third quarter. WG Shaheen & Associates DBA Whitney & Co now owns 131,302 shares of the e-commerce giant’s stock worth $16,691,000 after acquiring an additional 1,091 shares in the last quarter. Financial Security Advisor Inc. acquired new shares of Amazon.com during the third quarter worth approximately $1,834,000. Finally, Concentric Wealth Management LLC increased its holdings in Amazon.com by 17.8% in the third quarter. Concentric Wealth Management LLC now owns 13,854 shares of the e-commerce giant’s stock worth $1,761,000 after acquiring an additional 2,095 shares in the last quarter. Hedge funds and other institutional investors hold 72.20% of the company’s shares.

The Wall Street analyst concludes

Several equity research analysts commented on AMZN stock. Tigress Financial raised their target price on Amazon.com from $210.00 to $245.00 and gave the stock a “buy” in a report on Thursday, May 30. Maxim Group lowered their target price on Amazon.com from $318.00 to $238.00 and gave the stock a “buy” in a report on Wednesday, May 1st. Truist Financial increased their price target on Amazon.com from $216.00 to $220.00 and gave the stock a “buy” in a report on Wednesday, May 1st. Roth Mkm maintained a “buy” rating on shares of Amazon.com and set a $210.00 price objective (up from $205.00) on shares of Amazon.com in a research report on Wednesday, May 1st. Finally, Piper Sandler upped their price target on Amazon.com from $205.00 to $220.00 and gave the company an outperform rating in a research report on Wednesday, May 1st. One equity research analyst rated the company with a hold rating, forty-three issued a buy rating to the company and one gave a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $215.37.

See our latest analysis on Amazon.com

Amazon.com pricing performance

NASDAQ AMZN shares opened at $186.34 on Wednesday. The stock’s 50-day moving average is $182.88 and its two-hundred-day moving average is $172.28. 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, Inc. it has a 1-year low of $118.35 and a 1-year high of $191.70. The company has a market capitalization of $1.94 trillion, a price-to-earnings ratio of 52.20, a price-to-earnings growth ratio of 1.35 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Tuesday, April 30. The e-commerce giant reported $0.98 earnings per share for the quarter, topping the consensus estimate 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 had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. During the same quarter last year, the company earned $0.31 EPS. Amazon.com’s revenue increased 12.5% ​​year-over-year. Analysts are forecasting that Amazon.com, Inc. will post 4.72 EPS for the current fiscal year.

Insiders are betting

In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the transaction, the CEO now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the transaction, the CEO now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Additionally, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $180.29 for a total value of $631,015.00. Following the completion of the transaction, the CEO now owns 509,358 shares of the company’s stock, valued at approximately $91,832,153.82. The announcement of this sale can be found here. In the last quarter, insiders sold a total of 65,338 shares of company stock worth $11,894,344. 10.80% of the shares are owned by company insiders.

Amazon.com company profile

(free report)

Amazon.com, Inc. is a retailer of consumer products, advertising, and subscription services through online and physical stores in North America and internationally. 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 televisions; and develops and produces media content.

Featured Articles

Want to see what other hedge funds hold 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.