180 Wealth Advisors LLC has a $16.78 million stake in Amazon.com, Inc. (NASDAQ:AMZN)

180 Wealth Advisors LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.3% in the 1st quarter, according to the company’s latest filing with the Securities & Exchange Commission. The institutional investor held 93,011 shares of the e-commerce giant after selling 1,225 shares during the quarter. Amazon.com owns about 3.0% of 180 Wealth Advisors LLC’s stake, making it the 4th-largest holding. 180 Wealth Advisors LLC’s stake in Amazon.com was worth $16,777,000, according to the company’s latest filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also changed their positions in the company. ShoreHaven Wealth Partners LLC increased its holdings in Amazon.com by 1.9% in the fourth quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant’s stock worth $491,000 after purchasing an additional 60 shares during the period. O Dell Group LLC increased its position in Amazon.com by 0.5% in the fourth quarter. O Dell Group LLC now owns 13,581 shares of the e-commerce giant’s stock worth $2,064,000 after purchasing an additional 61 shares during the last quarter. Measured Wealth Private Client Group LLC increased its holdings in Amazon.com by 2.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,562 shares of the e-commerce giant’s stock worth $389,000 after acquiring an additional 62 shares during the period. Ballew Advisors Inc increased its position in shares of Amazon.com by 1.5% in the 1st quarter. Ballew Advisors Inc now owns 4,248 shares of the e-commerce giant’s stock worth $790,000 after acquiring an additional 62 shares in the last quarter. Finally, Socha Financial Group LLC increased its stake in shares of Amazon.com by 3.3% in the 4th quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock worth $303,000 after acquiring an additional 63 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

NASDAQ:AMZN opened at $200.00 on Wednesday. The company has a current 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 $200.43. The stock’s 50 day moving average price is $184.27 and a 200 day moving average price is $173.63. The stock has a market cap of $2.08 trillion, a P/E ratio of 56.02, a price-to-earnings-growth ratio of 1.38 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings data on Tuesday, April 30. The e-commerce giant reported $0.98 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 19.86% and a net margin of 6.38%. Amazon.com’s quarterly revenue increased 12.5% ​​compared to the same quarter last year. During the same period last year, the company earned $0.31 earnings per share. As a group, equity analysts expect Amazon.com, Inc. to report earnings of $4.72 per share for the current fiscal year.

Wall Street analysts assess

Several equities analysts have issued reports on the company. UBS Group raised their price target for Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, May 1. JPMorgan Chase & Co. raised their price target for shares of Amazon.com from $225.00 to $240.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1. Benchmark reissued a “buy” rating and set a $200.00 price target on shares of Amazon.com in a research report on Wednesday, May 1. Wedbush reiterated an “outperform” rating and issued a $225.00 price target on shares of Amazon.com in a research report on Wednesday, May 1. Finally, Goldman Sachs Group raised their price target on Amazon.com from $220.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1. One investment analyst rated the stock a “hold,” forty-three gave a “buy” rating, and one gave the company a “strong buy” rating. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of “buy” and an average price target of $215.86.

See our latest stock report on AMZN

Insiders are betting

In other news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction that occurred on Tuesday, May 21. The shares were sold at an average price of $181.39, for a total value of $489,753.00. Following the sale, the VP now directly owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . In other news, VP David Zapolsky sold 9,490 shares of the company’s stock in a transaction that occurred on Tuesday, May 21. The shares were sold at an average price of $181.41, for a total value of $1,721,580.90. Following the transaction, the Senior Vice President now directly owns 64,210 shares of the company’s stock, valued at approximately $11,648,336.10. The sale was disclosed in legal documents filed with the SEC, which are available on the SEC’s website. Additionally, Vice President Shelley Reynolds sold 2,700 shares of the company’s stock in a transaction that occurred on Tuesday, May 21. The shares were sold at an average price of $181.39, for a total of $489,753.00. Following the completion of the sale, the Vice President now owns 119,780 shares of the company’s stock, valued at $21,726,894.20. Disclosure regarding this sale can be found here. Over the last ninety days, insiders have sold 66,548 shares of the company’s stock, valued at $12,180,239. Company insiders own 10.80% of the company’s stock.

Amazon.com Profile

(Free report)

Amazon.com, Inc. is a consumer products retailer, advertising, and subscription service 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; and develops and produces multimedia content.

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