Amazon.com, Inc. (NASDAQ:AMZN) Position raised by Threadgill Financial LLC

Threadgill Financial LLC increased its stake in Amazon.com, Inc. stock, according to its latest Form 13F filing with the Securities and Exchange Commission (SEC). (NASDAQ:AMZN – Free Report) up 1.3% in the first quarter. The fund owned 44,118 shares of the e-commerce giant after purchasing an additional 575 shares during the period. Amazon.com accounts for 3.5% of Threadgill Financial LLC’s portfolio, making it the eighth largest. Threadgill Financial LLC’s stake in Amazon.com was worth $7,958,000, according to its most recent SEC filing.

Other institutional investors have also recently modified their holdings in the company. Norges Bank purchased a new position in Amazon.com during the fourth quarter valued at approximately $17,700,551,000. Vanguard Group Inc. in the third quarter, it strengthened its position on Amazon.com by 4.4%. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock valued at $96,350,832,000 after purchasing an additional 32,038,029 shares in the last quarter. International Assets Investment Management LLC strengthened its position on Amazon.com by 16,029.3% during the fourth quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant’s stock worth $36,260,810,000 after purchasing an additional 23,717,254 shares in the last quarter. FMR LLC strengthened its position on Amazon.com by 7.7% in the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after purchasing an additional 21,649,871 shares in the last quarter. Finally, Northern Trust Corp strengthened its position in Amazon.com by 3.7% in the third quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock worth $11,736,905,000 after purchasing an additional 3,260,411 shares in the last quarter. 72.20% of the shares are held by hedge funds and other institutional investors.

Wall Street analysts predict growth

AMZN has been the subject of several research reports. Citigroup increased their target price on Amazon.com from $235.00 to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Rosenblatt Securities affirmed a “buy” rating and set a $220.00 price target for shares of Amazon.com in a research report on Wednesday, May 1st. DA Davidson affirmed a “buy” rating and set a $235.00 price target for shares of Amazon.com in a research report on Thursday, April 18th. Raymond James increased their price target on Amazon.com from $200.00 to $205.00 and gave the company a “strong buy” rating in a research report on Wednesday, May 1st. Finally, Morgan Stanley raised their price target on Amazon.com from $215.00 to $220.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. One analyst has rated the company with a hold rating, forty-three have rated the company with a buy rating and one has given the company a strong buy rating. Amazon.com currently has an average rating of “Buy” and a consensus price target of $215.37, according to MarketBeat.com.

Read our latest research report on Amazon.com

Amazon.com stock performance

NASDAQ:AMZN opened at $189.08 on Friday. The stock’s fifty-day moving average is $182.78 and its 200-day moving average is $171.54. Amazon.com, Inc. it has a fifty-two week low of $118.35 and a fifty-two week high of $191.70. The company has a market capitalization of $1.97 trillion, a PE ratio of 52.96, a PEG ratio of 1.33 and a beta of 1.14. The company has a debt to equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, $0.15 above the consensus estimate of $0.83. 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 $143.31 billion, compared to analyst estimates of $142.65 billion. During the same quarter last year, the company saw an EPS of $0.31. Amazon.com’s quarterly revenue increased 12.5% ​​compared to the same quarter last year. Sell-side analysts predict that Amazon.com, Inc. will report an average of 4.72 earnings per share for the current year.

Confidential activity on Amazon.com

In related news, VP Shelley Reynolds sold 2,700 shares of the company’s stock in a transaction 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 sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The transaction was disclosed in a document filed with the Securities and Exchange Commission, 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 4. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the transaction, the CEO now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The sale was disclosed in a filing with the Securities and Exchange Commission, which can be accessed through this hyperlink. On Tuesday, May 21, Vice President Shelley Reynolds sold 2,700 shares of the company’s stock. The shares were sold at an average price of $181.39 for a total value of $489,753.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The announcement of this sale can be found here. Over the last 90 days, insiders have sold 65,338 shares of company stock worth $11,894,344. Company insiders own 10.80% of the company’s shares.

Amazon.com company profile

(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.

Further reading

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