Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Janiczek Wealth Management LLC

Janiczek Wealth Management LLC lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 9.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,309 shares of the e-commerce giant’s stock after acquiring an additional 1,549 shares during the period. Amazon.com makes up 0.7% of Janiczek Wealth Management LLC’s portfolio, making the stock its 23rd biggest position. Janiczek Wealth Management LLC’s holdings in Amazon.com were worth $3,303,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Collective Family Office LLC grew its holdings in Amazon.com by 9.7% during the 1st quarter. Collective Family Office LLC now owns 9,278 shares of the e-commerce giant’s stock valued at $1,674,000 after purchasing an additional 819 shares in the last quarter. Members Trust Co grew its holdings in Amazon.com by 8.9% during the 4th quarter. Members Trust Co now owns 4,157 shares of the e-commerce giant’s stock valued at $638,000 after purchasing an additional 341 shares in the last quarter. Cherrydale Wealth Management LLC grew its holdings in Amazon.com by 14.7% during the 4th quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant’s stock valued at $799,000 after purchasing an additional 675 shares in the last quarter. Tompkins Financial Corp grew its holdings in Amazon.com by 3.3% during the 4th quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant’s stock valued at $10,875,000 after purchasing an additional 2,273 shares in the last quarter. Finally, Nicholas Company Inc. grew its holdings in Amazon.com by 3.9% during the 3rd quarter. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant’s stock valued at $89,628,000 after purchasing an additional 26,465 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the transaction, the chief executive officer now owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the completion of the transaction, the chief executive officer now directly owns 130,600 shares in the company, valued at $23,688,228. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $181.44, for a total transaction of $3,771,048.96. Following the completion of the transaction, the chief executive officer now owns 2,025,358 shares of the company’s stock, valued at $367,480,955.52. The disclosure for this sale can be found here. Insiders have sold 66,548 shares of company stock valued at $12,180,239 in the last quarter. Insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of recent analyst reports. Mizuho raised their price target on shares of Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. UBS Group raised their price target on shares of Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. DA Davidson reiterated a “buy” rating and set a $235.00 price objective on shares of Amazon.com in a research note on Thursday, April 18th. Evercore ISI increased their price objective on shares of Amazon.com from $220.00 to $225.00 and gave the company an “outperform” rating in a research note on Wednesday, May 1st. Finally, Citigroup increased their price objective on shares of Amazon.com from $235.00 to $245.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. One analyst has rated the stock with a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and a consensus price target of $215.86.

Amazon.com Stock Up 2.0 %

Amazon.com stock opened at $197.20 on Tuesday. The stock has a market cap of $2.05 trillion, a price-to-earnings ratio of 55.24, a PEG ratio of 1.38 and a beta of 1.15. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average price is $183.87 and its two-hundred day moving average price is $173.28. Amazon.com, Inc. has a 52 week low of $118.35 and a 52 week high of $199.84.

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

Amazon.com Company Profile

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.