Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by ICW Investment Advisors LLC

ICW Investment Advisors LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,814 shares of the e-commerce giant’s stock after acquiring an additional 96 shares during the quarter. ICW Investment Advisors LLC’s holdings in Amazon.com were worth $2,283,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Fortis Capital Advisors LLC boosted its holdings in Amazon.com by 31.9% in the fourth quarter. Fortis Capital Advisors LLC now owns 30,143 shares of the e-commerce giant’s stock valued at $4,580,000 after purchasing an additional 7,298 shares during the last quarter. Insight Holdings Group LLC lifted its holdings in shares of Amazon.com by 14.0% in the 4th quarter. Insight Holdings Group LLC now owns 369,400 shares of the e-commerce giant’s stock valued at $56,127,000 after buying an additional 45,400 shares during the period. Act Two Investors LLC boosted its stake in shares of Amazon.com by 1.1% in the fourth quarter. Act Two Investors LLC now owns 191,958 shares of the e-commerce giant’s stock worth $29,166,000 after buying an additional 2,156 shares during the last quarter. Cape Investment Advisory Inc. grew its holdings in Amazon.com by 14.3% during the fourth quarter. Cape Investment Advisory Inc. now owns 23,185 shares of the e-commerce giant’s stock worth $3,523,000 after acquiring an additional 2,907 shares during the period. Finally, DSM Capital Partners LLC raised its position in Amazon.com by 13.2% during the fourth quarter. DSM Capital Partners LLC now owns 3,795,536 shares of the e-commerce giant’s stock valued at $576,694,000 after acquiring an additional 441,537 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Up 2.5 %

AMZN opened at $186.51 on Friday. The stock has a market capitalization of $1.94 trillion, a PE ratio of 52.24, a P/E/G ratio of 1.46 and a beta of 1.14. Amazon.com, Inc. has a one year low of $118.35 and a one year high of $201.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.10. The business’s 50 day moving average price is $179.17 and its 200 day moving average price is $182.95.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.18. The company had revenue of $147.98 billion for the quarter, compared to the consensus estimate of $148.63 billion. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. As a group, equities research analysts expect that Amazon.com, Inc. will post 4.86 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 1,228,993 shares of the stock in a transaction dated Monday, July 8th. The shares were 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 owns 930,696,284 shares of the company’s stock, valued at $186,474,307,462.24. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, insider Jeffrey P. Bezos sold 1,228,993 shares of the company’s stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $200.36, for a total value of $246,241,037.48. Following the transaction, the insider now directly owns 930,696,284 shares in the company, valued at approximately $186,474,307,462.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jeffrey P. Bezos sold 266,396 shares of Amazon.com stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $200.01, for a total transaction of $53,281,863.96. Following the completion of the sale, the insider now owns 928,433,873 shares of the company’s stock, valued at $185,696,058,938.73. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,549,744 shares of company stock valued at $309,400,324 over the last 90 days. 10.80% of the stock is owned by insiders.

Analyst Ratings Changes

AMZN has been the topic of a number of analyst reports. Rosenblatt Securities raised their price objective on shares of Amazon.com from $220.00 to $221.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Robert W. Baird raised their price target on shares of Amazon.com from $210.00 to $213.00 and gave the company an “outperform” rating in a research report on Friday, June 21st. TD Cowen upped their price objective on shares of Amazon.com from $225.00 to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, July 10th. Morgan Stanley restated an “overweight” rating and set a $210.00 target price on shares of Amazon.com in a research report on Thursday. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $210.00 price target on shares of Amazon.com in a report on Thursday, September 12th. One research analyst has rated the stock with a hold rating, forty-one have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Amazon.com has an average rating of “Buy” and an average price target of $223.65.

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.