Human Investing LLC Has $741,000 Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Human Investing LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 28.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,977 shares of the e-commerce giant’s stock after purchasing an additional 885 shares during the period. Human Investing LLC’s holdings in Amazon.com were worth $741,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AMZN. PayPay Securities Corp grew its stake in Amazon.com by 64.6% in the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock valued at $32,000 after acquiring an additional 64 shares during the period. Hoese & Co LLP acquired a new position in Amazon.com in the third quarter valued at about $37,000. Bull Oak Capital LLC acquired a new position in Amazon.com in the third quarter valued at about $45,000. Christopher J. Hasenberg Inc grew its stake in Amazon.com by 650.0% in the second quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock valued at $58,000 after acquiring an additional 260 shares during the period. Finally, Values First Advisors Inc. acquired a new position in Amazon.com in the third quarter valued at about $56,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 2,190 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total value of $427,050.00. Following the sale, the senior vice president now owns 62,420 shares of the company’s stock, valued at approximately $12,171,900. This trade represents a 3.39 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $208.85, for a total value of $625,790,203.70. Following the completion of the sale, the insider now directly owns 917,416,976 shares in the company, valued at approximately $191,602,535,437.60. This represents a 0.33 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 6,030,183 shares of company stock valued at $1,252,883,795. 10.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on AMZN. Piper Sandler boosted their price target on Amazon.com from $215.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, November 1st. Redburn Atlantic boosted their price target on Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Jefferies Financial Group boosted their price target on Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a report on Friday, November 1st. Benchmark boosted their price target on Amazon.com from $200.00 to $215.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, The Goldman Sachs Group boosted their price target on Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $236.20.

Amazon.com Trading Up 2.9 %

Shares of NASDAQ:AMZN opened at $227.03 on Friday. The company has a market capitalization of $2.39 trillion, a P/E ratio of 48.61, a P/E/G ratio of 1.46 and a beta of 1.16. Amazon.com, Inc. has a 1 year low of $143.64 and a 1 year high of $227.15. 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 business’s 50 day simple moving average is $197.39 and its 200 day simple moving average is $188.12.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.29. The business had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.85 earnings per share. On average, research analysts anticipate that Amazon.com, Inc. will post 5.29 EPS for the current fiscal year.

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.