Amazon.com, Inc. (NASDAQ:AMZN) Holdings Raised by Waycross Partners LLC

Waycross Partners LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 13.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 153,648 shares of the e-commerce giant’s stock after acquiring an additional 18,506 shares during the period. Amazon.com makes up approximately 4.6% of Waycross Partners LLC’s investment portfolio, making the stock its 6th largest holding. Waycross Partners LLC’s holdings in Amazon.com were worth $29,692,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth about $30,000. PayPay Securities Corp lifted its holdings in shares of Amazon.com by 64.6% during the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock worth $32,000 after purchasing an additional 64 shares during the period. Christopher J. Hasenberg Inc lifted its holdings in shares of Amazon.com by 650.0% during 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. Steph & Co. acquired a new stake in shares of Amazon.com during the first quarter worth about $65,000. Finally, Koesten Hirschmann & Crabtree INC. acquired a new stake in shares of Amazon.com during the first quarter worth about $69,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $189.25, for a total value of $662,375.00. Following the completion of the sale, the chief executive officer now directly owns 503,753 shares in the company, valued at $95,335,255.25. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Brian T. Olsavsky sold 14,600 shares of the company’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $180.00, for a total value of $2,628,000.00. Following the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at $8,820,000. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $189.25, for a total value of $662,375.00. Following the completion of the transaction, the chief executive officer now directly owns 503,753 shares in the company, valued at approximately $95,335,255.25. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 54,355 shares of company stock worth $9,877,423 in the last three months. 10.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on AMZN shares. Benchmark reissued a “buy” rating and issued a $200.00 price target on shares of Amazon.com in a report on Friday, August 2nd. Robert W. Baird boosted their price target on Amazon.com from $210.00 to $213.00 and gave the company an “outperform” rating in a report on Friday, June 21st. Rosenblatt Securities boosted their price target on Amazon.com from $220.00 to $221.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Wedbush reissued an “outperform” rating and issued a $225.00 price target on shares of Amazon.com in a report on Friday, August 2nd. Finally, Jefferies Financial Group decreased their price target on Amazon.com from $235.00 to $225.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $224.00.

Amazon.com Stock Up 0.1 %

Shares of NASDAQ:AMZN opened at $187.69 on Wednesday. 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 business has a fifty day moving average of $180.63 and a two-hundred day moving average of $183.30. The stock has a market cap of $1.95 trillion, a P/E ratio of 52.57, a PEG ratio of 1.38 and a beta of 1.14. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $201.20.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.18. The company had revenue of $147.98 billion during the quarter, compared to analysts’ expectations of $148.63 billion. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. On average, research analysts expect that Amazon.com, Inc. will post 4.85 earnings per share for the current year.

About Amazon.com

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.