Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Brooklyn FI LLC

Brooklyn FI LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report ) by 22.9% in the first quarter, according to its latest Form 13F filed with the SEC. The institutional investor now owns 2,383 shares of the e-commerce giant after purchasing an additional 444 shares during the period. Brooklyn FI LLC’s stake in Amazon.com was worth $430,000, according to its latest Form 13F filed with the SEC.

A number of other major investors have also recently added to or reduced their holdings in the company. Cary Street Partners Investment Advisory LLC increased its stake in Amazon.com by 21.1% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 174,048 shares of the e-commerce giant’s stock worth $22,125,000 after purchasing an additional 30,292 shares during the period. Meiji Yasuda Asset Management Co Ltd. increased its stake in Amazon.com by 8.9% in the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 236,796 shares of the e-commerce giant’s stock worth $30,102,000 after purchasing an additional 19,269 shares during the period. Fishman Jay A Ltd. MI increased its stake in Amazon.com by 1.9% in the 3rd quarter. Fishman Jay A Ltd. MI now owns 440,799 shares of the e-commerce giant’s stock worth $56,034,000 after purchasing an additional 8,365 shares during the period. Eagle Asset Management Inc. increased its stake in Amazon.com by 16.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 219,251 shares of the e-commerce giant’s stock worth $27,871,000 after purchasing an additional 30,205 shares during the period. Finally, Jaffetilchin Investment Partners LLC increased its stake in Amazon.com by 0.6% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 105,873 shares of the e-commerce giant’s stock worth $13,459,000 after purchasing an additional 675 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Price Performance

NASDAQ:AMZN opened at $200.00 on Friday. The company has a market cap of $2.08 trillion, a P/E ratio of 56.02, a price-to-earnings-growth ratio of 1.41 and a beta of 1.15. Amazon.com, Inc. has a 12-month low of $118.35 and a 12-month high of $200.55. 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 price of $185.99 and its 200 day moving average price of $174.78.

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 for the quarter, beating analysts’ consensus of $0.83 by $0.15. The company had revenue of $143.31 billion for the quarter, compared to analysts’ 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 revenue for the quarter was up 12.5% ​​compared to the same quarter last year. During the same period last year, the company earned $0.31 earnings per share. Stock analysts, on average, predict that Amazon.com, Inc. will post 4.72 EPS for the current fiscal year.

Wall Street analysts assess

Several equities analysts have recently commented on the stock. Roth Mkm reaffirmed a “buy” rating and issued a $210.00 price target (previously $205.00) on shares of Amazon.com in a research note on Wednesday, May 1. Maxim Group lowered their price target on shares of Amazon.com from $318.00 to $238.00 and set a “buy” rating for the company in a research report on Wednesday, May 1. Bank of America increased their price target on shares of Amazon.com from $210.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, June 26. Evercore ISI increased their price target on shares of Amazon.com from $220.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1. Finally, JPMorgan Chase & Co. raised their price target on 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. One investment analyst rated the stock a “hold,” forty-three have given a “buy” rating, and one has given a “strong buy” rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $215.86.

Check out our latest report on Amazon.com

Insider Buying and Selling on Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 1,463,437 shares of the company’s stock in a transaction dated Tuesday, July 2. The shares were sold at an average price of $200.08, for a total value of $292,804,474.96. Following the completion of the transaction, the insider now directly owns 935,211,842 shares of the company’s stock, valued at $187,117,185,347.36. The sale was disclosed in legal documents filed with the SEC, which are available at this hyperlink . In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction dated Monday, July 1. The shares were sold at an average price of $195.99, for a total value of $685,965.00. Following the completion of the transaction, the CEO now directly owns 519,753 shares of the company’s stock, valued at $101,866,390.47. The sale was disclosed in legal documents filed with the SEC, which are available at this hyperlink . Additionally, insider Jeffrey P. Bezos sold 1,463,437 shares of the company’s stock in a transaction dated Tuesday, July 2. The shares were sold at an average price of $200.08, for a total transaction value of $292,804,474.96. Following the completion of the transaction, the insider now directly owns 935,211,842 shares of the company’s stock, valued at $187,117,185,347.36. Disclosure of this sale can be found here . Insiders have sold a total of 1,532,985 shares of the company’s stock valued at $305,578,679 over the last ninety days. Corporate insiders own 10.80% of the company’s shares.

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.

Further reading

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