Amazon.com, Inc. stock (NASDAQ:AMZN) acquired by Annex Advisory Services LLC

Annex Advisory Services LLC increased its stake in Amazon.com, Inc. shares. (NASDAQ:AMZN – Free Report) up 12.7% in the first quarter, according to the company’s latest filing with the Securities and Exchange Commission (SEC). The fund owned 172,590 shares of the e-commerce giant after acquiring an additional 19,478 shares during the period. Amazon.com represents 1.1% of Annex Advisory Services LLC, making the stock the 17th largest holding. Annex Advisory Services LLC’s shares in Amazon.com were worth $31,132,000, according to its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also changed their positions in the company. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth approximately $30,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Amazon.com by 45.0% during 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 position in shares of Amazon.com during the fourth quarter worth approximately $43,000. Harbor Investment Advisory LLC increased its holdings in shares of Amazon.com by 0.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 1,988 shares during the period. Finally, Clarity Asset Management Inc. acquired a new position in shares of Amazon.com during the fourth quarter worth approximately $46,000. Currently, 72.20% of the shares are in the hands of institutional investors and hedge funds.

Wall Street analysts rate

Several research analysts have recently commented on the stock. Loop Capital raised their price target on shares of Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Monday, May 6. Wells Fargo & Company raised their price target on shares of Amazon.com from $234.00 to $239.00 and gave the company an “overweight” rating in a research note on Friday. Monness Crespi & Hardt raised their price target on shares of Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1. Citigroup raised their price target on shares of Amazon.com from $235.00 to $245.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1. Finally, Tigress Financial raised their price target on shares of Amazon.com from $210.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, May 30. One equities research analyst has rated the stock a hold, forty-three have given a buy rating, and one has given a strong buy rating. The company currently has an average rating of “Buy” and an average price target of $215.86, according to MarketBeat.com.

Download our latest report on Amazon.com

Amazon.com pricing performance

NASDAQ:AMZN opened at $193.25 on Friday. The company has a market capitalization of $2.01 trillion, a price-to-earnings ratio of 54.13, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14. The company has a current ratio of 1.07, a current ratio of 0.87 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average is $183.87 and its two-hundred-day moving average is $172.93. Amazon.com, Inc. it has a 12-month low of $118.35 and a 12-month high of $199.84.

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

Buying and selling confidential information

In other 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 sale, the CEO now owns 523,253 shares of the company’s stock, valued at $92,767,524.37. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which is available on the SEC’s website. In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.44 for a total value of $3,771,048.96. Following the completion of the transaction, the CEO now owns 2,025,358 shares of the company’s stock valued at $367,480,955.52. The transaction was disclosed in a filing with the SEC, available on the SEC’s website. Additionally, 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 transaction amount of $620,515.00. Following the completion of the transaction, 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. In the last quarter, insiders sold 65,338 shares of company stock worth $11,894,344. Currently, 10.80% of the shares are owned by corporate insiders.

About Amazon.com

(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 Stories

Get daily news and reviews for Amazon.com – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for Amazon.com and related companies in MarketBeat.com’s FREE daily email newsletter.