Van Leeuwen & Company LLC owns $2.67 million worth of stock in Amazon.com, Inc. (NASDAQ:AMZN)

Van Leeuwen & Company LLC has reduced its stake in Amazon.com, Inc., according to its latest disclosure to the Securities and Exchange Commission. (NASDAQ:AMZN – Free Report) up 20.1% in the fourth quarter. The company owned 17,538 shares of the e-commerce giant after selling 4,419 shares during the quarter. Amazon.com represents approximately 1.6% of Van Leeuwen & Company LLC’s investment portfolio, making it its 22nd largest holding. Van Leeuwen & Company LLC’s stake in Amazon.com was worth $2,665,000, according to its most recent filing with the Securities and Exchange Commission.

Several other large investors also increased or decreased their stake in the company. ShoreHaven Wealth Partners LLC increased its holdings in Amazon.com by 1.9% in the fourth quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant’s stock valued at $491,000 after purchasing an additional 60 shares in the last quarter. Measured Wealth Private Client Group LLC increased its holdings in Amazon.com by 2.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,562 shares of the e-commerce giant’s stock valued at $389,000 after purchasing an additional 62 shares in the last quarter. Socha Financial Group LLC increased its exposure to Amazon.com by 3.3% in the 4th quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock worth $303,000 after purchasing an additional 63 shares in the last quarter. Lake Hills Wealth Management LLC increased its holdings in Amazon.com by 0.8% during the fourth quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock valued at $1,213,000 after purchasing an additional 65 shares in the last quarter. Finally, Veery Capital LLC increased its holdings in Amazon.com by 1.1% in the fourth quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds hold 72.20% of the company’s shares.

Insider activity on Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the sale, the CEO now directly owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a document filed with the Securities and Exchange Commission, which is available at this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the sale, the CEO now directly owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a document filed with the Securities and Exchange Commission, which is available at this hyperlink. Additionally, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $181.44 for a total value of $3,771,048.96. Following the sale, the CEO now owns 2,025,358 shares of the company’s stock valued at $367,480,955.52. The announcement of this sale can be found here. Over the last three months, insiders sold 117,894 shares of company stock worth $21,363,909. Company insiders own 10.80% of the company’s shares.

Analysts set new price targets

A number of brokerage houses have recently published reports on AMZN. JMP Securities maintained a market outperform rating and set a price target for Amazon.com stock at $225.00 in a report issued on Wednesday, May 1st. Oppenheimer increased their price target on shares of Amazon.com from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. Barclays raised their target price on shares of Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. Truist Financial raised their target price on shares of Amazon.com from $216.00 to $220.00 and gave the stock a “buy” in a report on Wednesday, May 1st. Finally, Moffett Nathanson maintained a “buy” rating on the stock and set a $228.00 price target on shares of Amazon.com in a report on Thursday, April 11th. One analyst rated the company’s shares with a hold rating, forty-four rated the company’s shares with a buy rating, and one gave a strong buy rating to the company’s shares. According to MarketBeat data, the consensus rating for the company’s stock is “Buy” and the average price target is $211.62.

Check out our latest research report on AMZN

Amazon.com pricing performance

Shares of NASDAQ:AMZN opened at $182.02 on Thursday. The company’s 50-day moving average is $182.37 and its 200-day moving average is $167.05. 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 $1.89 trillion, a P/E ratio of 50.99, a price-to-earnings ratio of 1.29 and a beta of 1.15. Amazon.com, Inc. it has a fifty-two week low of $118.35 and a fifty-two week high of $191.70.

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 (EPS) for the quarter, $0.15 above the analyst consensus 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 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. Stock research analysts predict that Amazon.com, Inc. will report an average of 4.72 earnings per share this year.

Amazon.com 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.

Featured Stories

Get daily news and ratings for Amazon.com – Enter your email address below to receive a daily concise summary of the latest news and analyst ratings for Amazon.com and related companies with MarketBeat.com’s FREE daily email newsletter.