Amazon.com, Inc. (NASDAQ:AMZN) shares acquired by Breakwater Capital Group

Breakwater Capital Group increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% in the 1st quarter, according to its latest 13F filing with the SEC. The institutional investor holds 22,257 shares of the e-commerce giant after acquiring an additional 87 shares during the period. Amazon.com makes up about 1.0% of Breakwater Capital Group’s investment portfolio, making it the 23rd-largest stock. Breakwater Capital Group’s stake in Amazon.com was worth $4,015,000, according to its latest SEC filing.

Several other institutional investors also recently added to or decreased their holdings in the company. Ridgecrest Wealth Partners LLC increased its position in shares of Amazon.com by 0.7% in the first quarter. Ridgecrest Wealth Partners LLC now owns 7,755 shares of the e-commerce giant’s stock worth $1,399,000 after purchasing an additional 56 shares in the last quarter. ShoreHaven Wealth Partners LLC increased its stake 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 in the last quarter. O Dell Group LLC increased its holdings 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 acquiring an additional 61 shares in the last quarter. Measured Wealth Private Client Group LLC increased its position 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 in the last quarter. Finally, Ballew Advisors Inc increased its holdings in shares of Amazon.com by 1.5% in the first 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. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

AMZN stock opened at $200.00 on Monday. The company’s 50 day moving average price is $185.99 and its 200 day moving average price is $174.94. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07, and a quick ratio of 0.87. The company has a market capitalization of $2.08 trillion, a P/E ratio of 56.02, a P/E/G ratio of 1.43 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.

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 estimates 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 quarter a year ago, the company reported $0.31 earnings per share. Amazon.com’s revenue for the quarter increased 12.5% ​​year-over-year. Research analysts, on average, predict that Amazon.com, Inc. will report earnings of $4.72 per share for the current fiscal year.

Wall Street analysts predict growth

AMZN has been the subject of several research reports. Oppenheimer raised their price objective for Amazon.com from $210.00 to $220.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1. JPMorgan Chase & Co. raised their price objective for Amazon.com from $225.00 to $240.00 and gave the company an “overweight” rating in a research report on Wednesday, May 1. Raymond James raised their price objective for Amazon.com from $200.00 to $205.00 and gave the company a “strong-buy” rating in a research note on Wednesday, May 1. Loop Capital raised their price target on shares of Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Monday, May 6. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $220.00 price target on shares of Amazon.com in a research note on Wednesday, May 1. One equities research analyst rated the stock a “hold,” forty-three gave a buy rating, and one gave the company a strong buy rating. The company currently has a consensus rating of “Buy” and an average price target of $215.86, based on data from MarketBeat.

Check out our latest Amazon.com Stock Report

Amazon.com Internal Transactions

In related news, Vice President Shelley Reynolds sold 2,700 shares of the company’s stock in a transaction 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 Vice President now directly owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . In related news, insider Jeffrey P. Bezos sold 1,463,437 shares of Amazon.com 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 transaction was disclosed in legal documents filed with the Securities and Exchange Commission, which can be accessed through 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 sale, the Vice President now owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. Disclosure regarding this sale can be found here. During the last quarter, insiders sold 1,532,985 shares of the company’s stock valued at $305,578,679. Corporate insiders currently own 10.80% of the 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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