Amazon.com, Inc. (NASDAQ:AMZN) – shares acquired by Dash Acquisitions Inc.

Dash Acquisitions Inc. raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report ) by 3.3% in the first quarter, according to the company’s latest 13F filing with the Securities & Exchange Commission. The fund held 144,524 shares of the e-commerce giant after purchasing an additional 4,639 shares during the period. Amazon.com makes up 8.2% of Dash Acquisitions Inc.’s stake, making it the third-largest stock. Dash Acquisitions Inc.’s stake in Amazon.com was worth $26,199,000, according to the company’s latest SEC filing.

Several other hedge funds also recently changed their positions in AMZN. Cooksen Wealth LLC bought a new stake in Amazon.com in the fourth quarter worth about $30,000. E Fund Management Hong Kong Co. Ltd. increased its position 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 worth $42,000 after purchasing an additional 86 shares in the last quarter. Strid Group LLC bought a new stake in Amazon.com in the fourth quarter worth $43,000. Harbor Investment Advisory LLC increased its position in Amazon.com by 0.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant worth $46,000 after purchasing an additional 1,988 shares in the last quarter. Finally, Clarity Asset Management Inc. bought a new position in Amazon.com in the fourth quarter worth $46,000. 72.20% of the shares are currently owned by hedge funds and other institutional investors.

Analyst ratings upgrades and downgrades

Several equities analysts have recently commented on AMZN shares. Benchmark reaffirmed a “buy” rating and set a $200.00 price target on shares of Amazon.com in a research note on Wednesday, May 1. Bank of America raised their price target on shares of Amazon.com from $210.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, June 26. Piper Sandler raised their price target on 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. Raymond James raised their price target on shares of Amazon.com from $200.00 to $205.00 and gave the company a “strong buy” rating in a research note on Wednesday, May 1. Finally, Stifel Nicolaus raised their price target on shares of Amazon.com from $224.00 to $228.00 and gave the company a “buy” rating in a research note on Wednesday, May 1. One analyst rated the stock a “hold,” forty-two gave a buy rating, and one gave the company a strong buy rating. Amazon.com has a consensus rating of “Buy” and a consensus price target of $217.38, according to data from MarketBeat.com.

Check out our latest stock analysis on AMZN

Insider Buying and Selling on Amazon.com

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 value of $90,690.00. Following the sale, the CEO now owns 130,600 shares of the company’s stock, valued at $23,688,228. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink . In related 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 value of $90,690.00. Following the sale, the CEO now directly owns 130,600 shares of the company’s stock, valued at $23,688,228. The transaction was disclosed in an SEC filing, which can be accessed through this hyperlink . Additionally, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, June 3. The shares were sold at an average price of $177.29, for a total of $620,515.00. Following the completion of the transaction, the CEO now directly owns 523,253 shares of the company’s stock, valued at $92,767,524.37. Disclosure of this sale can be found here . Over the last ninety days, insiders have sold 5,847,094 shares of the company’s stock, valued at $1,169,058,874. Company insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

NASDAQ AMZN opened at $199.79 on Thursday. The stock’s 50-day average price is $187.26, and the 200-day average price is $175.75. The lowest price for a stock of Amazon.com, Inc. during the year is $118.35, and the highest price is $201.20. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07, and a current ratio of 0.87. The company has a market capitalization of $2.08 trillion, a price-to-earnings ratio of 55.96, a PEG ratio of 1.43, and a beta of 1.15.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data on Tuesday, April 30. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 19.86% and a net margin of 6.38%. 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 reported $0.31 earnings per share. Equity research analysts are forecasting that Amazon.com, Inc. will report earnings per share of $4.72 for the current year.

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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