S.A. Mason LLC Has $581,000 Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

S.A. Mason LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 11.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,219 shares of the e-commerce giant’s stock after buying an additional 332 shares during the quarter. S.A. Mason LLC’s holdings in Amazon.com were worth $581,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the 4th quarter valued at $30,000. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Amazon.com by 45.0% during the 4th 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 bought a new stake in shares of Amazon.com during the 4th quarter worth $43,000. Harbor Investment Advisory LLC lifted its position in shares of Amazon.com by 0.7% during the 4th 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. bought a new stake in shares of Amazon.com during the 4th quarter worth $46,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Up 2.0 %

AMZN stock opened at $197.20 on Tuesday. The stock’s fifty day simple moving average is $183.87 and its two-hundred day simple moving average is $173.28. 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 1-year low of $118.35 and a 1-year high of $199.84. The stock has a market cap of $2.05 trillion, a P/E ratio of 55.24, a P/E/G ratio of 1.38 and a beta of 1.15.

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

Insider Activity

In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total transaction of $92,000.00. Following the transaction, the chief executive officer now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total transaction of $92,000.00. Following the transaction, the chief executive officer now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Zapolsky sold 4,710 shares of the company’s stock in a transaction 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 transaction, the senior vice president now directly owns 59,500 shares in the company, valued at approximately $11,602,500. 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 90 days. Insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several research reports. Benchmark reiterated a “buy” rating and issued a $200.00 target price on shares of Amazon.com in a research report on Wednesday, May 1st. The Goldman Sachs Group increased their price target on Amazon.com from $220.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Piper Sandler increased their price target on Amazon.com from $205.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, May 1st. Needham & Company LLC reissued a “buy” rating and issued a $205.00 price target on shares of Amazon.com in a research note on Monday. Finally, Mizuho raised their target price on Amazon.com from $230.00 to $240.00 and gave the stock 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $215.86.

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.