Private Capital Advisors Inc. acquires 17,734 shares of Amazon.com, Inc. (NASDAQ:AMZN)

Private Capital Advisors Inc. increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 35.7% in the first quarter, according to a recent filing with the Securities and Exchange Commission. The institutional investor held 67,420 shares of the e-commerce giant after purchasing an additional 17,734 shares during the quarter. Amazon.com makes up about 1.5% of Private Capital Advisors Inc.’s investment portfolio, making it the 18th-largest stock. Private Capital Advisors Inc.’s stake in Amazon.com was worth $12,161,000 at the end of the last quarter.

Other hedge funds and other institutional investors also changed their holdings in the company. Vanguard Group Inc. increased its stake in Amazon.com by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 771,086,427 shares of the e-commerce giant’s stock worth $117,158,872,000 after purchasing an additional 13,134,632 shares in the last quarter. Norges Bank acquired a new position in Amazon.com in the 4th quarter worth $17,700,551,000. Jennison Associates LLC increased its stake in Amazon.com by 2.5% in the 4th quarter. Jennison Associates LLC now owns 56,371,051 shares of the e-commerce giant’s stock worth $8,565,017,000 after purchasing an additional 1,389,503 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Amazon.com by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 51,920,953 shares of the e-commerce giant’s stock worth $7,888,870,000 after purchasing an additional 1,525,922 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in Amazon.com by 2.1% in the 4th quarter. Fisher Asset Management LLC now owns 42,241,587 shares of the e-commerce giant’s stock worth $6,418,187,000 after purchasing an additional 888,369 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com shares up 1.2%

NASDAQ AMZN stock opened at $200.00 on Monday. The stock 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. The company has a 50-day moving average price of $185.99 and a 200-day moving average price of $174.94. 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 $200.55.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data 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 analysts’ expectations 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% ​​year-over-year. During the same quarter last year, the company earned $0.31 earnings per share. Analysts are expecting Amazon.com, Inc. to post 4.72 EPS for the current year.

Analyst ratings upgrades and downgrades

AMZN has been the subject of multiple research analyst reports. Wedbush reiterated an “outperform” rating and issued a $225.00 price target for shares of Amazon.com in a research note on Wednesday, May 1. JMP Securities reiterated a “market outperform” rating and issued a $225.00 price target for shares of Amazon.com in a research note on Wednesday, May 1. DA Davidson reiterated a “buy” rating and issued a $235.00 price target for shares of Amazon.com in a research note on Thursday, April 18. Piper Sandler raised their price target for shares of Amazon.com from $205.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 1. Finally, Raymond James raised their price target for shares of Amazon.com from $200.00 to $205.00 and gave the stock a “strong buy” rating in a research report on Wednesday, May 1. One research analyst has rated the stock a “hold,” forty-three have given it a “buy” rating, and one has given it a “strong buy” rating. According to MarketBeat, the company currently has a consensus rating of “buy” and an average price target of $215.86.

Get our latest stock report on Amazon.com

Internal activity

In other news, insider Jeffrey P. Bezos sold 1,463,437 shares of the company’s stock in a transaction that occurred on 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 owns 935,211,842 shares of the company’s stock, valued at $187,117,185,347.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . In other news, insider Jeffrey P. Bezos sold 1,463,437 shares of the company’s stock in a transaction that occurred on 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 owns 935,211,842 shares of the company’s stock, valued at $187,117,185,347.36. The transaction was disclosed in a filing with the Securities and Exchange Commission, which can be accessed through this link . Additionally, 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 value of $90,690.00. Following the completion of the transaction, the CEO now owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. Disclosure of this sale can be found here . Insiders sold 1,532,985 shares of the company’s stock valued at $305,578,679 during the last quarter. 10.80% of the stock is currently owned by company insiders.

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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