Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by International Private Wealth Advisors LLC

International Private Wealth Advisors LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 67.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,534 shares of the e-commerce giant’s stock after purchasing an additional 3,854 shares during the period. Amazon.com comprises 2.6% of International Private Wealth Advisors LLC’s portfolio, making the stock its 6th largest position. International Private Wealth Advisors LLC’s holdings in Amazon.com were worth $1,776,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of AMZN. Intelligence Driven Advisers LLC grew its holdings in Amazon.com by 43.4% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 7,139 shares of the e-commerce giant’s stock worth $1,330,000 after acquiring an additional 2,161 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. raised its stake in shares of Amazon.com by 3.7% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 461,952 shares of the e-commerce giant’s stock valued at $86,076,000 after purchasing an additional 16,670 shares in the last quarter. Ferguson Wellman Capital Management Inc. lifted its position in shares of Amazon.com by 1.3% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 588,874 shares of the e-commerce giant’s stock worth $109,725,000 after purchasing an additional 7,328 shares during the last quarter. Black Swift Group LLC grew its stake in Amazon.com by 20.6% in the third quarter. Black Swift Group LLC now owns 18,341 shares of the e-commerce giant’s stock worth $3,417,000 after purchasing an additional 3,134 shares in the last quarter. Finally, Unionview LLC increased its holdings in Amazon.com by 3.9% in the third quarter. Unionview LLC now owns 13,900 shares of the e-commerce giant’s stock valued at $2,590,000 after buying an additional 518 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Up 1.8 %

NASDAQ AMZN opened at $229.05 on Thursday. The company has a market capitalization of $2.41 trillion, a PE ratio of 49.05, a price-to-earnings-growth ratio of 1.54 and a beta of 1.16. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. Amazon.com, Inc. has a 1-year low of $144.05 and a 1-year high of $233.00. The firm’s fifty day simple moving average is $207.40 and its 200-day simple moving average is $192.05.

Amazon.com (NASDAQ:AMZN) last released its quarterly 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 during the quarter, compared to the consensus estimate of $157.28 billion. During the same quarter in the prior year, the company posted $0.85 EPS. The firm’s revenue was up 11.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 5.29 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AMZN. Royal Bank of Canada lifted their target price on Amazon.com from $215.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Benchmark lifted their price objective on shares of Amazon.com from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Truist Financial increased their target price on shares of Amazon.com from $265.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Stifel Nicolaus lifted their price target on shares of Amazon.com from $224.00 to $245.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Roth Mkm increased their price objective on shares of Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus target price of $243.00.

Insider Buying and Selling at Amazon.com

In related news, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the transaction, the director now owns 24,912 shares in the company, valued at $4,958,982.72. This trade represents a 4.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the sale, the insider now directly owns 917,416,976 shares in the company, valued at $191,602,535,437.60. This represents a 0.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,032,344 shares of company stock valued at $1,253,456,822 in the last ninety days. Company insiders own 10.80% of the company’s stock.

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.