Lloyd Advisory Services LLC. Purchases 26,182 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Lloyd Advisory Services LLC. boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 513.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,278 shares of the e-commerce giant’s stock after purchasing an additional 26,182 shares during the period. Amazon.com comprises approximately 1.1% of Lloyd Advisory Services LLC.’s investment portfolio, making the stock its 12th biggest position. Lloyd Advisory Services LLC.’s holdings in Amazon.com were worth $5,642,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of AMZN. Vanguard Group Inc. boosted its position in Amazon.com by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 771,086,427 shares of the e-commerce giant’s stock valued at $117,158,872,000 after buying an additional 13,134,632 shares in the last quarter. FMR LLC boosted its holdings in shares of Amazon.com by 7.7% during the 3rd 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. Norges Bank bought a new stake in Amazon.com during the 4th quarter worth $17,700,551,000. Northern Trust Corp increased its holdings in Amazon.com by 3.7% in the 3rd 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. Finally, Jennison Associates LLC raised its position in Amazon.com by 2.5% in 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 purchasing an additional 1,389,503 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at $24,214,400. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now owns 131,600 shares of the company’s stock, valued at $24,214,400. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $180.29, for a total transaction of $631,015.00. Following the sale, the chief executive officer now directly owns 509,358 shares in the company, valued at approximately $91,832,153.82. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 65,338 shares of company stock valued at $11,894,344. Company insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMZN. Telsey Advisory Group boosted their price target on Amazon.com from $200.00 to $215.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. Stifel Nicolaus upped their price target on shares of Amazon.com from $224.00 to $228.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Bank of America lifted their price target on shares of Amazon.com from $210.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday. Wells Fargo & Company increased their price objective on Amazon.com from $217.00 to $234.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. Finally, Argus upped their price target on Amazon.com from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. One research analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $215.74.

Amazon.com Price Performance

Amazon.com stock opened at $193.61 on Thursday. The stock has a market cap of $2.01 trillion, a P/E ratio of 54.23, a P/E/G ratio of 1.33 and a beta of 1.14. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average price is $182.88 and its two-hundred day moving average price is $172.28. Amazon.com, Inc. has a 52 week low of $118.35 and a 52 week high of $194.80.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, topping the consensus estimate of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The business had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same quarter in the previous year, the firm posted $0.31 earnings per share. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. On average, equities analysts predict that Amazon.com, Inc. will post 4.72 earnings per share for the current year.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.