Mosley Wealth Management Buys 1,076 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Mosley Wealth Management lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 35.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,131 shares of the e-commerce giant’s stock after purchasing an additional 1,076 shares during the quarter. Mosley Wealth Management’s holdings in Amazon.com were worth $745,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the fourth quarter worth $30,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after buying an additional 86 shares during the last quarter. Strid Group LLC acquired a new position in Amazon.com during the fourth quarter worth $43,000. Harbor Investment Advisory LLC increased its holdings in Amazon.com by 0.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 1,988 shares during the last quarter. Finally, Clarity Asset Management Inc. acquired a new position in Amazon.com during the fourth quarter worth $46,000. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on AMZN shares. Truist Financial boosted their target price on shares of Amazon.com from $216.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Monness Crespi & Hardt boosted their target price on shares of Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Citigroup boosted their target price on shares of Amazon.com from $235.00 to $245.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Needham & Company LLC reiterated a “buy” rating and issued a $205.00 price objective on shares of Amazon.com in a report on Monday. Finally, UBS Group upped their price objective 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. One investment analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and an average target price of $215.86.

Amazon.com Stock Up 2.0 %

AMZN stock opened at $197.20 on Tuesday. The stock has a market capitalization of $2.05 trillion, a P/E ratio of 55.24, a price-to-earnings-growth 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. Amazon.com, Inc. has a 12 month low of $118.35 and a 12 month high of $199.84. The firm has a 50-day moving average price of $183.87 and a 200-day moving average price of $173.28.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.15. The firm had revenue of $143.31 billion during 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 for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.31 earnings per share. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 4.72 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other news, SVP David Zapolsky sold 4,710 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $195.00, for a total value of $918,450.00. Following the completion of the transaction, the senior vice president now owns 59,500 shares of the company’s stock, valued at $11,602,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $177.29, for a total value of $620,515.00. Following the completion of the transaction, the chief executive officer now owns 523,253 shares of the company’s stock, valued at $92,767,524.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP David Zapolsky sold 4,710 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $195.00, for a total value of $918,450.00. Following the completion of the transaction, the senior vice president now directly owns 59,500 shares of the company’s stock, valued at approximately $11,602,500. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 66,548 shares of company stock valued at $12,180,239. 10.80% of the stock is currently owned by insiders.

Amazon.com 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.