Newman Dignan & Sheerar Inc. owns $4.60 million worth of stock in Amazon.com, Inc. (NASDAQ:AMZN)

Newman Dignan & Sheerar Inc. increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.5% in the 1st quarter, according to its latest 13F filing with the Securities & Exchange Commission. The fund held 25,501 shares of the e-commerce giant after purchasing an additional 378 shares during the quarter. Amazon.com makes up about 1.2% of Newman Dignan & Sheerar Inc.’s portfolio, making it the 22nd-largest stock. Newman Dignan & Sheerar Inc.’s stake in Amazon.com was worth $4.6 million, according to its latest 13F filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently changed their positions in the stock. Cooksen Wealth LLC bought a new position in Amazon.com in the fourth quarter worth about $30,000. E Fund Management Hong Kong Co. Ltd. increased its holdings 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’s stock worth $42,000 after acquiring an additional 86 shares in the last quarter. Strid Group LLC bought a new share of Amazon.com in the fourth quarter worth $43,000. Clarity Asset Management Inc. purchased a new share of Amazon.com in the fourth quarter worth $46,000. Finally, Steph & Co. bought a new position in Amazon.com in the first quarter worth $65,000. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling on Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, April 18. The shares were sold at an average price of $181.38, for a total transaction amount of $90,690.00. Following the completion of the sale, the CEO now owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. The sale was disclosed in legal documents filed with the SEC, which can be accessed through this link . In other 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 transaction amount of $90,690.00. Following the completion of the sale, the CEO now owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. The transaction was disclosed in legal documents filed with the Securities & Exchange Commission, which are available on the SEC’s 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 completion of the sale, the CEO now directly owns 509,358 shares of the company’s stock, valued at $91,832,153.82. Disclosure of this sale can be found here. Over the last three months, insiders have sold 1,532,985 shares of the company’s stock, valued at $305,578,679. 10.80% of the stock is currently owned by insiders.

Amazon.com revenue growth of 1.2%

NASDAQ:AMZN opened at $200.00 on Friday. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $200.55. The company’s 50 day moving average is $185.99 and its 200-day moving average is $174.78. The company has a market cap of $2.08 trillion, a P/E ratio of 56.02, a P/E/G ratio of 1.41 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 (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, topping analysts’ 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 the consensus estimate of $142.65 billion. During the same period last year, the company posted $0.31 earnings per share. The company’s revenue increased 12.5% compared to the same quarter last year. Equity analysts expect Amazon.com, Inc. to post $4.72 earnings per share for the current year.

Changes in analyst ratings

AMZN has been the subject of multiple research reports. Roth Mkm re-issued a “buy” rating and set a $210.00 price target (previously $205.00) on shares of Amazon.com in a research note on Wednesday, May 1. DA Davidson re-issued a “buy” rating and set a $235.00 price target on shares of Amazon.com in a report on Thursday, April 18. Truist Financial raised their price target on shares of Amazon.com from $216.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1. Tigress Financial raised their price target on shares of Amazon.com from $210.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, May 30. Finally, Maxim Group lowered their price objective on Amazon.com from $318.00 to $238.00 and set a “buy” rating on the stock in a report on Wednesday, May 1. One investment analyst rated the stock a “hold,” forty-three gave a buy rating, and one gave the stock a strong buy rating. Amazon.com currently has an average rating of “Buy” and an average price target of $215.86, according to data from MarketBeat.com.

See our latest stock report on AMZN

About Amazon.com

(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.

Insider Buying and Selling on Amazon.com

Amazon.com revenue growth of 1.2%

Changes in analyst ratings

About Amazon.com

Further reading