Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 42.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,523 shares of the e-commerce giant’s stock after acquiring an additional 7,605 shares during the quarter. Amazon.com comprises about 1.1% of Consolidated Portfolio Review Corp’s holdings, making the stock its 18th largest position. Consolidated Portfolio Review Corp’s holdings in Amazon.com were worth $4,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of AMZN. PFG Investments LLC grew its holdings in shares of Amazon.com by 3.2% during the 3rd quarter. PFG Investments LLC now owns 156,934 shares of the e-commerce giant’s stock worth $29,242,000 after purchasing an additional 4,903 shares during the period. Pathway Financial Advisers LLC grew its holdings in shares of Amazon.com by 19,273.3% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,310,412 shares of the e-commerce giant’s stock worth $244,169,000 after purchasing an additional 1,303,648 shares during the period. Viewpoint Capital Management LLC grew its holdings in shares of Amazon.com by 2.3% during the 3rd quarter. Viewpoint Capital Management LLC now owns 125,788 shares of the e-commerce giant’s stock worth $23,644,000 after purchasing an additional 2,876 shares during the period. Horizon Bancorp Inc. IN grew its holdings in shares of Amazon.com by 15.4% during the 3rd quarter. Horizon Bancorp Inc. IN now owns 4,366 shares of the e-commerce giant’s stock worth $814,000 after purchasing an additional 584 shares during the period. Finally, NorthCrest Asset Manangement LLC grew its holdings in shares of Amazon.com by 3.4% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 303,203 shares of the e-commerce giant’s stock worth $56,496,000 after purchasing an additional 9,872 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

Amazon.com stock opened at $207.89 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The company has a market capitalization of $2.19 trillion, a PE ratio of 44.52, a price-to-earnings-growth ratio of 1.38 and a beta of 1.14. Amazon.com, Inc. has a one year low of $142.81 and a one year high of $215.90. The business has a 50 day simple moving average of $194.78 and a 200 day simple moving average of $186.94.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. During the same quarter in the previous year, the company posted $0.85 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. On average, sell-side analysts forecast that Amazon.com, Inc. will post 5.29 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other news, CEO Matthew S. Garman sold 15,260 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $200.19, for a total transaction of $3,054,899.40. Following the completion of the sale, the chief executive officer now owns 349,261 shares in the company, valued at $69,918,559.59. The trade was a 4.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $208.85, for a total value of $625,790,203.70. Following the sale, the insider now owns 917,416,976 shares of the company’s stock, valued at approximately $191,602,535,437.60. The trade was a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,026,683 shares of company stock worth $1,252,148,795 over the last 90 days. 10.80% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Susquehanna boosted their target price on Amazon.com from $220.00 to $230.00 and gave the stock a “positive” rating in a report on Friday, November 1st. Sanford C. Bernstein upped their price target on Amazon.com from $225.00 to $235.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Robert W. Baird upped their price target on Amazon.com from $213.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Stifel Nicolaus upped their price target on Amazon.com from $224.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $197.00 price target on shares of Amazon.com in a report on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $236.20.

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.