Novak & Powell Financial Services Inc. holds a position at Amazon.com, Inc. (NASDAQ:AMZN)

Novak & Powell Financial Services Inc., according to its most recent Form 13F filing with the SEC. purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the fourth quarter. The fund bought 5,314 shares of the e-commerce giant worth approximately PLN 807,000. dollars.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Tradewinds spółka z ograniczoną odpowiedzialnością increased its holdings in shares of Amazon.com by 4.6% in the third quarter. Tradewinds Limited now owns 45,152 shares of the e-commerce giant’s stock valued at $5,740,000 after acquiring an additional 1,975 shares during the period. Callan Capital LLC increased its holdings in Amazon.com by 29.5% in the 3rd quarter. Callan Capital LLC now owns 18,842 shares of the e-commerce giant’s stock valued at $2,395,000 after purchasing an additional 4,288 shares in the last quarter. Childress Capital Advisors LLC increased its holdings in Amazon.com by 279.2% in the third quarter. Childress Capital Advisors LLC now owns 28,335 shares of the e-commerce giant’s stock valued at $3,607,000 after purchasing an additional 20,863 shares in the last quarter. GYL Financial Synergies LLC increased its holdings in Amazon.com by 0.7% in the third quarter. GYL Financial Synergies LLC now owns 167,571 shares of the e-commerce giant’s stock valued at $21,302,000 after purchasing an additional 1,241 shares in the last quarter. Finally, Guidance Point Advisors LLC increased its holdings in Amazon.com by 17.4% in the third quarter. Guidance Point Advisors LLC now owns 1,808 shares of the e-commerce giant’s stock valued at $230,000 after purchasing an additional 268 shares in the last quarter. 72.20% of the shares are held by institutional investors and hedge funds.

Wall Street analysts predict growth

Several analysts have recently published reports on AMZN stock. Telsey Advisory Group upped their target price on Amazon.com from $200.00 to $215.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Oppenheimer increased their price target on Amazon.com from $210.00 to $220.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. JPMorgan Chase & Co. raised their price target on Amazon.com from $225.00 to $240.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 1st. Loop Capital raised their target price on Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Finally, Argus raised their price target on Amazon.com from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. One equity research analyst rated the company’s shares with a hold rating, forty-three issued a buy recommendation and one issued a strong buy rating for the company’s shares. Based on data from MarketBeat, the company’s average rating is currently “Buy” and its average price target is $213.82.

Get our latest stock analysis on Amazon.com

Insiders place their bets

In other Amazon.com news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total transaction amount of $489,753.00. Following the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The transaction was disclosed in a filing with the SEC, which is available on the SEC’s website. In other Amazon.com news, Vice President Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction on Tuesday, May 21. The shares were sold at an average price of $181.39, for a total transaction amount of $489,753.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The sale was disclosed in a document filed with the Securities and Exchange Commission, which is available at this link. Additionally, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Monday, April 1st. The shares were sold at an average price of $180.73, for a total transaction amount of $632,555.00. Following the sale, the CEO now directly owns 512,858 shares of the company’s stock, valued at approximately $92,688,826.34. The announcement of this sale can be found here. Over the last three months, insiders sold 65,838 shares of company stock worth $11,984,344. Corporate insiders own 10.80% of the company’s shares.

Amazon.com sales decreased by 0.1%

On Friday, Amazon.com shares closed at $183.66. The company has a debt to equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. The company has a market capitalization of $1.91 trillion, a price-to-earnings ratio of 51.45, a price-to-earnings growth ratio of 1.32 and a beta of 1.14. Amazon.com, Inc. it has a 1-year low of $118.35 and a 1-year high of $191.70. The company’s 50-day moving average price is $182.92 and its two-hundred-day moving average price is $170.02.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, which was $0.15 ahead of the consensus estimate of $0.83. 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 $143.31 billion, compared to analyst expectations of $142.65 billion. During the same period last year, the company saw an EPS of $0.31. The company’s quarterly revenues increased by 12.5% ​​compared to the same quarter last year. On average, analysts predict that Amazon.com, Inc. will record 4.72 EPS in the current fiscal year.

About Amazon.com

(free report)

Amazon.com, Inc. retails consumer products, advertising and subscription services through online and physical stores in North America and abroad. 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 media content.

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