Amazon.com, Inc. (NASDAQ:AMZN) Position Raised by Intergy Private Wealth LLC

Intergy Private Wealth LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 17.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,768 shares of the e-commerce giant’s stock after acquiring an additional 413 shares during the period. Intergy Private Wealth LLC’s holdings in Amazon.com were worth $516,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of AMZN. China Universal Asset Management Co. Ltd. raised its holdings in Amazon.com by 31.6% during the first quarter. China Universal Asset Management Co. Ltd. now owns 182,359 shares of the e-commerce giant’s stock worth $32,894,000 after purchasing an additional 43,759 shares in the last quarter. Quent Capital LLC increased its position in shares of Amazon.com by 3.3% during the 1st quarter. Quent Capital LLC now owns 33,729 shares of the e-commerce giant’s stock valued at $6,084,000 after purchasing an additional 1,081 shares during the period. Pittenger & Anderson Inc. raised its stake in shares of Amazon.com by 1.6% in the 1st quarter. Pittenger & Anderson Inc. now owns 201,991 shares of the e-commerce giant’s stock worth $36,435,000 after buying an additional 3,094 shares in the last quarter. Haverford Trust Co lifted its holdings in shares of Amazon.com by 2.4% in the first quarter. Haverford Trust Co now owns 66,778 shares of the e-commerce giant’s stock valued at $12,045,000 after buying an additional 1,555 shares during the period. Finally, Graypoint LLC raised its holdings in shares of Amazon.com by 9.4% in the 1st quarter. Graypoint LLC now owns 80,620 shares of the e-commerce giant’s stock worth $14,542,000 after purchasing an additional 6,929 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Down 0.4 %

Shares of AMZN stock opened at $201.70 on Tuesday. The stock has a 50 day simple moving average of $191.69 and a 200 day simple moving average of $185.93. Amazon.com, Inc. has a 1 year low of $141.50 and a 1 year high of $215.90. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The stock has a market cap of $2.12 trillion, a P/E ratio of 43.19, a price-to-earnings-growth ratio of 1.36 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. During the same period in the prior year, the firm posted $0.85 EPS. Amazon.com’s quarterly revenue was up 11.0% on a year-over-year basis. On average, research analysts predict that Amazon.com, Inc. will post 5.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on AMZN shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $230.00 target price on shares of Amazon.com in a report on Monday, October 7th. Sanford C. Bernstein lifted their target price on shares of Amazon.com from $225.00 to $235.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Rosenblatt Securities boosted their price target on shares of Amazon.com from $221.00 to $236.00 and gave the company a “buy” rating in a report on Friday, November 1st. Wedbush lifted their target price on shares of Amazon.com from $225.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Amazon.com from $225.00 to $232.00 and gave the company a “buy” rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $235.45.

Insider Buying and Selling

In other news, VP Shelley Reynolds sold 3,791 shares of the business’s stock in a transaction that occurred 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 approximately $21,989,299.44. The trade was a 3.03 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $427,050.00. Following the sale, the senior vice president now directly owns 62,420 shares in the company, valued at $12,171,900. This trade represents a 3.39 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,053,349 shares of company stock worth $1,256,503,289 in the last ninety days. 10.80% of the stock is owned by insiders.

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.