SYM FINANCIAL Corp Grows Position in Amazon.com, Inc. (NASDAQ:AMZN)

SYM FINANCIAL Corp boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 122.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,223 shares of the e-commerce giant’s stock after acquiring an additional 6,178 shares during the quarter. Amazon.com comprises approximately 0.3% of SYM FINANCIAL Corp’s portfolio, making the stock its 22nd biggest holding. SYM FINANCIAL Corp’s holdings in Amazon.com were worth $2,169,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AMZN. Vanguard Group Inc. grew its holdings in Amazon.com by 1.9% in the first quarter. Vanguard Group Inc. now owns 785,811,114 shares of the e-commerce giant’s stock valued at $141,744,609,000 after purchasing an additional 14,724,687 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of Amazon.com by 8.5% during the first quarter. Capital Research Global Investors now owns 86,982,857 shares of the e-commerce giant’s stock valued at $15,689,968,000 after acquiring an additional 6,810,145 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Amazon.com by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 67,745,972 shares of the e-commerce giant’s stock valued at $13,091,909,000 after acquiring an additional 289,532 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of Amazon.com by 0.5% during the first quarter. Jennison Associates LLC now owns 56,666,183 shares of the e-commerce giant’s stock valued at $10,221,446,000 after acquiring an additional 295,132 shares during the last quarter. Finally, Capital International Investors boosted its stake in shares of Amazon.com by 7.4% during the first quarter. Capital International Investors now owns 42,370,172 shares of the e-commerce giant’s stock valued at $7,642,732,000 after acquiring an additional 2,932,192 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 1.2 %

AMZN opened at $188.82 on Monday. 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 stock’s fifty day moving average is $179.58 and its 200-day moving average is $183.19. The company has a market capitalization of $1.98 trillion, a PE ratio of 45.17, a P/E/G ratio of 1.38 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last posted 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. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. The company had revenue of $147.98 billion for the quarter, compared to the consensus estimate of $148.63 billion. On average, equities analysts predict that Amazon.com, Inc. will post 4.85 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $189.25, for a total transaction of $662,375.00. Following the sale, the chief executive officer now directly owns 503,753 shares of the company’s stock, valued at $95,335,255.25. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $189.25, for a total transaction of $662,375.00. Following the transaction, the chief executive officer now owns 503,753 shares in the company, valued at approximately $95,335,255.25. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 3,791 shares of Amazon.com stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total value of $686,322.64. Following the transaction, the vice president now owns 121,461 shares in the company, valued at $21,989,299.44. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 54,355 shares of company stock valued at $9,877,423 over the last three months. Company insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMZN. Evercore ISI reaffirmed an “outperform” rating and set a $240.00 price objective on shares of Amazon.com in a research note on Friday. Scotiabank began coverage on Amazon.com in a research note on Friday. They set a “sector outperform” rating and a $245.00 price objective on the stock. TD Securities raised their price target on Amazon.com from $225.00 to $245.00 in a research note on Wednesday, July 10th. Pivotal Research began coverage on Amazon.com in a research note on Friday. They issued a “buy” rating and a $260.00 price target on the stock. Finally, TD Cowen raised their price target on Amazon.com from $225.00 to $245.00 and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus price target of $224.00.

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.