Fiduciary Planning LLC acquires 1,261 shares of Amazon.com, Inc. (NASDAQ:AMZN)

Fiduciary Planning LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 29.5% in the first quarter, according to the company’s latest filing with the Securities & Exchange Commission. The company now owns 5,532 shares of the e-commerce giant after purchasing an additional 1,261 shares during the quarter. Amazon.com accounts for about 0.4% of Fiduciary Planning LLC’s stake, making it its 29th-largest stock position. Fiduciary Planning LLC’s stake in Amazon.com was worth $998,000 at the end of the last quarter.

Several other major investors also made changes to their positions in AMZN. Norges Bank bought a new stake in Amazon.com in Q4 worth approximately $17,700,551,000. Vanguard Group Inc. increased its position in shares of Amazon.com by 4.4% in Q3. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant worth $96,350,832,000 after purchasing an additional 32,038,029 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Amazon.com by 16,029.3% in Q4. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant worth $36,260,810,000 after purchasing an additional 23,717,254 shares in the last quarter. Global Assets Advisory LLC increased its position in shares of Amazon.com by 30,350.2% in the first quarter. Global Assets Advisory LLC now owns 6,531,569 shares of the e-commerce giant’s stock worth $1,178,164,000 after purchasing an additional 6,510,119 shares in the last quarter. Finally, Assenagon Asset Management SA increased its position in shares of Amazon.com by 33.2% in the first quarter. Assenagon Asset Management SA now owns 14,791,685 shares of the e-commerce giant’s stock worth $2,668,124,000 after purchasing an additional 3,687,522 shares in the last quarter. 72.20% of the shares are currently held by institutional investors.

Amazon.com Stock Performance

Amazon.com stock opened at $199.29 on Tuesday. The stock’s 50 day moving average is $186.35, and its 200 day moving average is $175.26. The company has a market capitalization of $2.07 trillion, a P/E ratio of 55.82, a price-to-earnings-growth ratio of 1.43, and a beta of 1.15. The company has a current ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $201.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its financial results on Tuesday, April 30. The e-commerce giant reported $0.98 earnings per share for the quarter, topping 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 last year, the company earned $0.31 per share. The company’s revenue for the quarter was up 12.5% ​​compared to the same quarter last year. As a group, analysts expect Amazon.com, Inc. to report earnings of $4.72 per share for the current year.

Wall Street analysts assess

AMZN has been the subject of numerous analyst reports. Barclays raised their price objective on Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1. UBS Group raised their price objective on Amazon.com from $215.00 to $217.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1. Wells Fargo & Company raised their price objective on Amazon.com from $234.00 to $239.00 and gave the stock an “overweight” rating in a report on Friday, June 28. Tigress Financial raised their price objective on Amazon.com from $210.00 to $245.00 and gave the stock a “buy” rating in a report on Thursday, May 30. Finally, Monness Crespi & Hardt raised their price target on Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, May 1. One equities 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 an average rating of “buy” and an average price target of $215.86 according to MarketBeat.

Check out our latest Amazon.com stock analysis

Insiders place their bets

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on 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 approximately $23,688,228. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on 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 approximately $23,688,228. The sale was disclosed in a document filed with the Securities and Exchange Commission, which is available at this link . Additionally, Director Keith Brian Alexander sold 1,000 shares of the company’s stock in a transaction on Monday, May 6. The shares were sold at an average price of $186.22, for a total value of $186,220.00. Following the sale, the director now owns 4,760 shares of the company’s stock, valued at $886,407.20. Disclosure of this sale can be found here . Over the last ninety days, insiders have sold 1,532,985 shares of the company’s stock, valued at $305,578,679. 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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