Clearwater Capital Advisors LLC increases its stake in Amazon.com, Inc. (NASDAQ:AMZN)

According to the latest filing with the Securities and Exchange Commission, Clearwater Capital Advisors LLC increased its stake in Amazon.com, Inc. shares. (NASDAQ:AMZN) up 6.5% in the fourth quarter. The company owned 8,067 shares of the e-commerce giant’s stock after purchasing an additional 495 shares during the period. Clearwater Capital Advisors LLC’s stake in Amazon.com was worth $1,226,000, according to its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently increased or decreased their stakes in AMZN. 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 during the period. International Assets Investment Management LLC increased its holdings in Amazon.com by 16,029.3% during the 4th 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 increased its holdings in 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. Jennison Associates LLC increased its holdings in Amazon.com by 28.4% in the third quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock valued at $6,989,254,000 after purchasing an additional 12,176,114 shares in the last quarter. Finally, JP Morgan Private Wealth Advisors LLC acquired a new position in Amazon.com during the third quarter worth $610,138,000. 72.20% of the shares are held by hedge funds and other institutional investors.

Amazon.com pricing performance

On Thursday, NASDAQ AMZN opened at $182.02. Amazon.com, Inc. it has a 12 month low of $118.35 and a 12 month high of $191.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. The company has a market capitalization of $1.89 trillion, a PE ratio of 50.99, a P/E/G ratio of 1.29 and a beta of 1.15. The company’s 50-day simple moving average is $182.37 and its 200-day simple moving average is $167.05.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported EPS of $0.98 for the quarter, topping analysts’ consensus estimates of $0.83 by $0.15. 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 estimates of $142.65 billion. During the same quarter last year, the company earned $0.31 per share. The company’s revenue for the quarter increased 12.5% year-over-year. Stock research analysts predict that as a group, Amazon.com, Inc. it will achieve 4.72 EPS in the current financial year.

Analyst Upgrades and Downgrades

Many stock analysts have commented on AMZN stock. Mizuho increased their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock a “buy” in a report on Wednesday, May 1st. JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $225.00 to $240.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. Canaccord Genuity Group raised their target price on shares of Amazon.com from $185.00 to $200.00 and gave the stock a “buy” in a report on Friday, February 2. Wolfe Research raised their target price on shares of Amazon.com from $195.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and set a $205.00 price target on shares of Amazon.com in a research note on Wednesday, May 15th. One investment 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.com, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $211.62.

Get our latest stock analysis on AMZN

Insider activity on Amazon.com

In related news, VP Shelley Reynolds sold 2,700 shares of the company’s 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 owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which is available at this hyperlink. In related news, VP Shelley Reynolds sold 2,700 shares of the company’s 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 owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which is available at this hyperlink. Additionally, Vice President David Zapolsky sold 9,490 shares of Amazon.com stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $181.41, for a total transaction amount of $1,721,580.90. Following the completion of the transaction, the senior vice president now owns 64,210 shares of the company’s stock, valued at approximately $11,648,336.10. The announcement of this sale can be found here. In the last quarter, insiders sold 117,894 shares of company stock worth $21,363,909. Currently, 10.80% of the shares are owned by company insiders.

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.

Amazon.com pricing performance

Analyst Upgrades and Downgrades

Insider activity on Amazon.com

Amazon.com profile

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