Ethos Financial Group LLC increases its position in Amazon.com, Inc. shares. (NASDAQ:AMZN)

Ethos Financial Group LLC increased its holdings in Amazon.com, Inc. stock, according to the latest Form 13F filed with the Securities and Exchange Commission (SEC). (NASDAQ:AMZN) up 7.7% in the fourth quarter. The company owned 23,596 shares of the e-commerce giant after purchasing an additional 1,687 shares during the quarter. Ethos Financial Group LLC’s stake in Amazon.com was worth $3,586,000, according to its most recent SEC filing.

Several other hedge funds also recently bought and sold AMZN stock. In the third quarter, Vanguard Group Inc. increased its stake in Amazon.com shares 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. 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 acquiring an additional 21,649,871 shares in the last quarter. Northern Trust Corp increased its holdings in Amazon.com by 3.7% during the third quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock valued at $11,736,905,000 after acquiring an additional 3,260,411 shares in the last quarter. Jennison Associates LLC increased its holdings in Amazon.com by 2.5% during the fourth quarter. Jennison Associates LLC now owns 56,371,051 shares of the e-commerce giant’s stock valued at $8,565,017,000 after acquiring an additional 1,389,503 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Amazon.com by 3.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 51,920,953 shares of the e-commerce giant’s stock valued at $7,888,870,000 after acquiring an additional 1,525,922 shares in the last quarter. Hedge funds and other institutional investors hold 72.20% of the company’s shares.

Amazon.com Confidential Transactions

In other news, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $181.44 for a total transaction of $3,771,048.96. Following the completion of the transaction, the CEO now owns 2,025,358 shares of the company’s stock, valued at approximately $367,480,955.52. The transaction was disclosed in a filing with the Securities and Exchange Commission, available at this link. In related news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction on 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 completion of the transaction, the CEO now owns 2,025,358 shares of the company’s stock, valued at approximately $367,480,955.52. The sale was disclosed in a filing with the Securities and Exchange Commission, which is available on the SEC’s website. Additionally, 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 transaction amount of $90,000.00. Following the closing of the transaction, the CEO now directly owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The announcement of this sale can be found here. Over the last 90 days, insiders have sold 117,894 shares of company stock worth $21,363,909. Currently, insiders own 10.80% of the shares.

A Wall Street analyst weighs in

Several brokerage houses have recently commented on AMZN. Argus increased their target price on shares of Amazon.com from $185.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Maxim Group lowered their target price on shares of Amazon.com from $318.00 to $238.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Raymond James raised their target price on shares of Amazon.com from $200.00 to $205.00 and gave the company a “score buy” rating in a report on Wednesday, May 1st. Deutsche Bank Aktiengesellschaft increased their target price on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Finally, Bank of America increased their target price on shares of Amazon.com from $185.00 to $204.00 and gave the stock a “buy” in a report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-four have issued a buy rating to the stock and one has issued a strong buy rating to the stock. According to MarketBeat, Amazon.com has an average rating of “Buy” and an average price target of $212.40.

View our latest stock report on AMZN

Amazon.com pricing performance

NASDAQ AMZN shares opened at $179.32 on Friday. The company has a market capitalization of $1.87 trillion, a P/E ratio of 50.23, a PEG ratio of 1.30 and a beta of 1.15. Amazon.com, Inc. it has a 1-year low of $118.35 and a 1-year high of $191.70. The company’s fifty-day moving average is $182.39 and its two-hundred-day moving average is $167.14. 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 earnings results on Tuesday, April 30th. The e-commerce giant reported EPS of $0.98 for the quarter, $0.15 above the consensus estimate of $0.83. The company’s revenue for the quarter was $143.31 billion, compared to analyst estimates of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s revenues increased by 12.5% ​​year-on-year. During the same period last year, the company earned $0.31 EPS. Analysts predict that Amazon.com, Inc. will report 4.72 EPS for the current financial year.

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.

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