Shares of Amazon.com, Inc. (NASDAQ:AMZN) purchased by Rheos Capital Works Inc.

According to the latest filing with the Securities and Exchange Commission, Rheos Capital Works Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) up 11.3% in the first quarter. The institutional investor owned 341,800 shares of the e-commerce giant after acquiring an additional 34,700 shares during the period. Amazon.com owns 3.0% of Rheos Capital Works Inc., making it the company’s sixth-largest holding. At the end of the last reporting period, the value of shares of Rheos Capital Works Inc. on Amazon.com was $61,654,000.

Other hedge funds also added to or decreased their holdings in the company. Cooksen Wealth LLC bought a new position in shares of Amazon.com in the fourth quarter worth $30,000. E Fund Management Hong Kong Co. Ltd. increased its position in shares of 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 worth $42,000 after purchasing an additional 86 shares in the last quarter. Strid Group LLC acquired new shares of Amazon.com in the fourth quarter worth about $43,000. Harbour Investment Advisory LLC increased its position in Amazon.com by 0.7% in the fourth quarter. Harbour Investment Advisory LLC now owns 299,959 shares of the e-commerce giant worth $46,000 after acquiring an additional 1,988 shares in the last quarter. Finally, Clarity Asset Management Inc. in the fourth quarter. acquired a new position in Amazon.com worth approximately $46,000. 72.20% of the shares are held by institutional investors.

Amazon.com turnover increase by 0.4%

On Wednesday, the NASDAQ AMZN opened at $186.34. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $191.70. The company has a 50-day moving average price of $182.88 and a 200-day moving average price of $172.28. The company has a market capitalization of $1.94 trillion, a price-to-earnings ratio of 52.20, a P/E/G ratio of 1.35 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported EPS of $0.98 for the quarter, topping 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 had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same quarter last year, the company saw an EPS of $0.31. Amazon.com’s quarterly revenue increased 12.5% year-over-year. Stock analysts expect that as a group, Amazon.com, Inc. will see 4.72 earnings per share in the current fiscal year.

Amazon.com Confidential Transactions

In related 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 value of $620,515.00. Following the transaction, the CEO now owns 523,253 shares of the company’s stock, valued at approximately $92,767,524.37. The sale was disclosed in a legal document filed with the Securities and Exchange Commission, which is available at this hyperlink. In related news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction that occurred on 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 legal filing filed with the SEC, which can be accessed at this link. CEO Adam Selipsky also sold 500 shares of the company’s stock on Thursday, April 4, in a transaction. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the completion of the sale, 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 three months, insiders sold a total of 65,338 shares of company stock worth $11,894,344. Corporate insiders own 10.80% of the company’s shares.

Analysts set new price targets

Many equity research analysts have recently rated this stock. UBS Group increased their price target on shares of Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, May 1. Benchmark maintained a “buy” rating on the stock and set a $200.00 price target on shares of Amazon.com in a report issued on Wednesday, May 1st. Stifel Nicolaus increased their price target on Amazon.com from $224.00 to $228.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Mizuho increased their price target on Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Finally, Robert W. Baird raised their price target on Amazon.com from $210.00 to $213.00 and gave the company an “outperform” rating in a research report on Friday, June 21st. One analyst rated the company’s shares with a hold rating, forty-three rated the company’s shares with a buy rating, and one gave a strong buy rating to the company’s shares. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $215.37.

See our latest research report on AMZN

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.

Amazon.com turnover increase by 0.4%

Amazon.com Confidential Transactions

Analysts set new price targets

Amazon.com company profile

See also