Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Savant Capital LLC

Savant Capital LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 257,848 shares of the e-commerce giant’s stock after acquiring an additional 3,771 shares during the quarter. Savant Capital LLC’s holdings in Amazon.com were worth $49,829,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the 4th quarter valued at about $30,000. PayPay Securities Corp lifted its position in shares of Amazon.com by 64.6% during the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock worth $32,000 after buying an additional 64 shares during the last quarter. Clarity Asset Management Inc. acquired a new position in shares of Amazon.com in the 4th quarter valued at $46,000. Christopher J. Hasenberg Inc raised its stake in Amazon.com by 650.0% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock worth $58,000 after acquiring an additional 260 shares in the last quarter. Finally, Steph & Co. acquired a new position in Amazon.com in the first quarter valued at $65,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

Amazon.com stock opened at $186.51 on Friday. The company has a market cap of $1.94 trillion, a price-to-earnings ratio of 52.24, a PEG ratio of 1.46 and a beta of 1.14. The business’s 50 day simple moving average is $179.17 and its 200 day simple moving average is $182.95. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 12 month low of $118.35 and a 12 month high of $201.20.

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

Insider Buying and Selling

In related news, SVP David Zapolsky sold 2,190 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total value of $427,050.00. Following the transaction, the senior vice president now directly owns 62,420 shares in the company, valued at approximately $12,171,900. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Amazon.com news, SVP David Zapolsky sold 2,190 shares of the company’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total value of $427,050.00. Following the completion of the transaction, the senior vice president now directly owns 62,420 shares in the company, valued at approximately $12,171,900. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total value of $3,757,123.68. Following the transaction, the chief executive officer now directly owns 2,056,534 shares of the company’s stock, valued at $371,759,651.18. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,549,744 shares of company stock valued at $309,400,324. Corporate insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on AMZN shares. Itau BBA Securities cut Amazon.com from an “outperform” rating to a “market perform” rating and set a $186.00 target price for the company. in a research report on Friday, August 2nd. Benchmark reaffirmed a “buy” rating and set a $200.00 price objective on shares of Amazon.com in a research report on Friday, August 2nd. Roth Mkm upped their price target on Amazon.com from $210.00 to $215.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Needham & Company LLC reissued a “buy” rating and issued a $210.00 price objective on shares of Amazon.com in a research note on Thursday, September 12th. Finally, Sanford C. Bernstein raised their target price on shares of Amazon.com from $210.00 to $215.00 and gave the stock an “outperform” rating in a research note on Monday, July 22nd. One research analyst has rated the stock with a hold rating, forty-one have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus 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.