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Amazon.com, Inc. (NASDAQ:AMZN) shares acquired by Hengehold Capital Management LLC


Hengehold Capital Management LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 8.4% in the first quarter, according to the company’s latest 13F filing with the Securities & Exchange Commission. The firm now owns 11,983 shares of the e-commerce giant after purchasing an additional 926 shares during the quarter. Hengehold Capital Management LLC’s stake in Amazon.com was worth $2,162,000 at the end of the last quarter.

Several other hedge funds have also recently added to or reduced their holdings in the company. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the fourth quarter worth about $30,000. E Fund Management Hong Kong Co. Ltd. increased its stake 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 a new position in shares of Amazon.com in the fourth quarter worth about $43,000. Harbor Investment Advisory LLC increased its stake in shares of Amazon.com by 0.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant worth $46,000 after purchasing an additional 1,988 shares in the last quarter. Finally, Clarity Asset Management Inc. acquired a new stake in Amazon.com during the fourth quarter worth $46,000. Hedge funds and other institutional investors own 72.20% of the company’s shares.

Amazon.com shares up 1.4%

AMZN stock opened at $200.00 on Wednesday. The company has a market capitalization of $2.08 trillion, a P/E ratio of 56.02, a price to earnings to growth ratio of 1.38 and a beta of 1.15. The company has a current ratio of 0.87, a current ratio of 1.07 and a debt to equity ratio of 0.27. The company’s 50 day moving average is $184.27, and a two hundred day moving average is $173.63. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $200.43.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly financial results on Tuesday, April 30. 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 the consensus estimate of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s quarterly revenue increased 12.5% ​​compared to the same quarter last year. During the same quarter last year, the company earned $0.31 earnings per share. Analysts are forecasting that Amazon.com, Inc. will post $4.72 earnings per share for the current year.

Buying and selling confidential information

In other Amazon.com news, SVP David Zapolsky sold 4,710 shares of the company’s stock in a transaction that occurred on Thursday, June 27. The shares were sold at an average price of $195.00, for a total transaction value of $918,450.00. Following the completion of the sale, the senior VP now directly owns 59,500 shares of the company’s stock, valued at $11,602,500. The transaction was disclosed in legal documents filed with the SEC, which can be accessed at this link . In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction dated Monday, June 3. The shares were sold at an average price of $177.29, for a total transaction value 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 legal documents filed with the SEC, which are available on the SEC’s website. Additionally, Senior Vice President David Zapolsky sold 4,710 shares of the company’s stock in a transaction dated Thursday, June 27. The shares were sold at an average price of $195.00, for a total of $918,450.00. Following the completion of the sale, the Senior Vice President now owns 59,500 shares of the company’s stock, valued at approximately $11,602,500. Disclosure of this sale can be found here. During the last quarter, insiders sold 66,548 shares of the company’s stock valued at $12,180,239. Insiders currently own 10.80% of the stock.

Changes in analyst ratings

Several equities analysts have issued reports on the stock. Wedbush reissued an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a research note on Wednesday, May 1. Barclays raised their price target on shares of Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1. Mizuho raised their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1. Morgan Stanley raised their price target on shares of Amazon.com from $215.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, May 1. Finally, Oppenheimer raised their price target on Amazon.com from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1. One equities research analyst rated the stock a “hold,” forty-three have rated it a “buy,” and one has given the company a “strong buy” rating. Based on data from MarketBeat, Amazon.com has an average rating of “Buy” and an average price target of $215.86.

Check out our latest stock analysis on AMZN

Amazon.com Company 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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Institutional Shares by Quarter for Amazon.com (NASDAQ:AMZN)



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