Register Financial Advisors LLC acquires 175 shares of Amazon.com, Inc. (NASDAQ:AMZN)

Register Financial Advisors LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report ) by 2.9% in the 1st quarter, according to its latest filing with the Securities and Exchange Commission (SEC). The firm now owns 6,160 shares of the e-commerce giant after purchasing an additional 175 shares during the period. Register Financial Advisors LLC’s stake in Amazon.com was worth $1,111,000 at the end of the last quarter.

Several other hedge funds also added to or reduced their holdings in AMZN. Capital Asset Advisory Services LLC increased its holdings in shares of Amazon.com by 5.3% in the first quarter. Capital Asset Advisory Services LLC now owns 67,645 shares of the e-commerce giant’s stock worth $12,519,000 after purchasing an additional 3,425 shares during the period. Indiana Trust & Investment Management CO increased its holdings in Amazon.com by 10.8% in the first quarter. Indiana Trust & Investment Management CO now owns 33,901 shares of the e-commerce giant’s stock worth $6,115,000 after purchasing an additional 3,310 shares during the period. Howard Financial Services LTD. increased its holdings in Amazon.com by 1.4% in the first quarter. Howard Financial Services LTD. now owns 24,124 shares of the e-commerce giant’s stock worth $4,352,000 after acquiring an additional 326 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its stake in Amazon.com by 24.6% in the first quarter. Fifth Third Wealth Advisors LLC now owns 75,289 shares of the e-commerce giant’s stock worth $13,581,000 after acquiring an additional 14,851 shares during the period. Finally, BSN CAPITAL PARTNERS Ltd increased its holdings in Amazon.com by 167.4% during the first quarter. BSN CAPITAL PARTNERS Ltd now owns 1,880,000 shares of the e-commerce giant’s stock worth $336,331,000 after acquiring an additional 1,177,000 shares during the last quarter. 72.20% of the shares are currently owned by institutional investors.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $197.59 on Thursday. The company’s 50 day moving average is $184.68, and its 200-day moving average is $173.98. The company has a market capitalization of $2.06 trillion, a price-to-earnings ratio of 55.35, a PEG ratio of 1.38, and a beta of 1.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.87 and a current ratio of 1.07. 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 announced its quarterly financial results 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. 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 analysts’ expectations of $142.65 billion. During the same period in the prior year, the company posted $0.31 earnings per share. The company’s revenue grew 12.5% ​​year-over-year. Research analysts predict that Amazon.com, Inc. will post 4.72 EPS for the current year.

Insider Buying and Selling on Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, April 18. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the completion of the transaction, the CEO now directly owns 130,600 shares of the company’s stock, valued at $23,688,228. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink . In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Thursday, April 18. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the completion of the sale, the CEO now directly owns 130,600 shares of the company’s stock, valued at $23,688,228. The sale was disclosed in a filing with the SEC, which is available on the SEC website. Additionally, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction dated Wednesday, May 1. The shares were sold at an average price of $180.29, for a total of $631,015.00. Following the transaction, the CEO now owns 509,358 shares of the company’s stock, valued at $91,832,153.82. Disclosure of this sale can be found here. Insiders have sold a total of 69,548 shares of the company’s stock valued at $12,774,204 over the last three months. Insiders own 10.80% of the stock.

Wall Street analysts predict growth

Several equities analysts have recently issued reports on the company. Roth Mkm reiterated a “buy” rating and issued a $210.00 price target (up from $205.00) on shares of Amazon.com in a report on Wednesday, May 1. Robert W. Baird raised their price target on shares of Amazon.com from $210.00 to $213.00 and gave the company an “outperform” rating in a research note on Friday, June 21. Moffett Nathanson reissued a “buy” rating and set a $228.00 price target on shares of Amazon.com in a research report on Thursday, April 11. 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 research report on Wednesday, May 1. Finally, Truist Financial raised their price objective on Amazon.com from $216.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, May 1. One research analyst rated the stock a “hold,” forty-three gave a “buy” rating, and one gave the stock a “strong buy” rating. The company currently has a consensus rating of “buy” and an average price target of $215.86, according to data from MarketBeat.com.

Read our latest research report 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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