Your Advocates Ltd. LLP Has $85,000 Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Your Advocates Ltd. LLP lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 20.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 438 shares of the e-commerce giant’s stock after acquiring an additional 73 shares during the period. Your Advocates Ltd. LLP’s holdings in Amazon.com were worth $85,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of AMZN. Cooksen Wealth LLC bought a new position in Amazon.com in the fourth quarter worth $30,000. Christopher J. Hasenberg Inc lifted its position in Amazon.com by 650.0% in the second quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock worth $58,000 after purchasing an additional 260 shares during the period. Clarity Asset Management Inc. bought a new position in Amazon.com in the fourth quarter worth $46,000. Steph & Co. bought a new position in Amazon.com in the first quarter worth $65,000. Finally, Koesten Hirschmann & Crabtree INC. bought a new position in Amazon.com in the first quarter worth $69,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 1,228,993 shares of the business’s stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $200.36, for a total transaction of $246,241,037.48. Following the completion of the transaction, the insider now directly owns 930,696,284 shares in the company, valued at approximately $186,474,307,462.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the transaction, the chief executive officer now directly owns 2,056,534 shares in the company, valued at approximately $371,759,651.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jeffrey P. Bezos sold 1,228,993 shares of the business’s stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $200.36, for a total value of $246,241,037.48. Following the transaction, the insider now owns 930,696,284 shares of the company’s stock, valued at $186,474,307,462.24. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,104,317 shares of company stock worth $1,220,621,322. 10.80% of the stock is currently owned by company insiders.

Amazon.com Price Performance

Shares of AMZN stock opened at $191.60 on Friday. The stock has a 50-day moving average price of $178.54 and a 200 day moving average price of $182.04. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The firm has a market cap of $1.99 trillion, a price-to-earnings ratio of 53.67, a PEG ratio of 1.39 and a beta of 1.14. Amazon.com, Inc. has a 12 month low of $118.35 and a 12 month high of $201.20.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, August 1st. The e-commerce giant reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.18. The firm had revenue of $147.98 billion during the quarter, compared to analyst estimates of $148.63 billion. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. Research analysts expect that Amazon.com, Inc. will post 4.86 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. The Goldman Sachs Group reduced their target price on Amazon.com from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Cantor Fitzgerald assumed coverage on Amazon.com in a research report on Thursday, September 5th. They issued an “overweight” rating and a $230.00 target price for the company. Maxim Group raised their target price on Amazon.com from $238.00 to $251.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. Roth Mkm lifted their price objective on Amazon.com from $210.00 to $215.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Finally, Itau BBA Securities cut Amazon.com from an “outperform” rating to a “market perform” rating and set a $186.00 price objective for the company. in a report on Friday, August 2nd. One research analyst has rated the stock with a hold rating, forty have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of “Buy” and an average target price of $222.84.

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.