Carson Advisory Inc. Purchases 124 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Carson Advisory Inc. lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,889 shares of the e-commerce giant’s stock after buying an additional 124 shares during the period. Amazon.com comprises 0.9% of Carson Advisory Inc.’s portfolio, making the stock its 26th largest holding. Carson Advisory Inc.’s holdings in Amazon.com were worth $1,331,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Morling Financial Advisors LLC boosted its holdings in shares of Amazon.com by 10.9% during the 2nd quarter. Morling Financial Advisors LLC now owns 7,004 shares of the e-commerce giant’s stock valued at $1,354,000 after acquiring an additional 686 shares during the last quarter. MGO One Seven LLC boosted its holdings in Amazon.com by 14.0% in the second quarter. MGO One Seven LLC now owns 149,430 shares of the e-commerce giant’s stock worth $28,877,000 after purchasing an additional 18,370 shares during the last quarter. Headlands Technologies LLC grew its position in Amazon.com by 3,295.7% in the 2nd quarter. Headlands Technologies LLC now owns 252,948 shares of the e-commerce giant’s stock worth $48,882,000 after purchasing an additional 245,499 shares during the period. Steigerwald Gordon & Koch Inc. raised its stake in Amazon.com by 0.6% during the 2nd quarter. Steigerwald Gordon & Koch Inc. now owns 12,554 shares of the e-commerce giant’s stock valued at $2,426,000 after buying an additional 74 shares during the last quarter. Finally, Coldstream Capital Management Inc. lifted its holdings in shares of Amazon.com by 1.6% during the 2nd quarter. Coldstream Capital Management Inc. now owns 331,763 shares of the e-commerce giant’s stock valued at $64,113,000 after buying an additional 5,263 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 0.8 %

NASDAQ:AMZN opened at $186.65 on Friday. The stock has a fifty day simple moving average of $179.11 and a 200-day simple moving average of $183.05. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. The company has a market cap of $1.94 trillion, a price-to-earnings ratio of 52.28, a price-to-earnings-growth ratio of 1.46 and a beta of 1.14. Amazon.com, Inc. has a twelve month low of $118.35 and a twelve month high of $201.20.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.18. The business had revenue of $147.98 billion for the quarter, compared to the consensus estimate of $148.63 billion. Amazon.com had a net margin of 7.35% and a return on equity of 21.39%. Analysts anticipate that Amazon.com, Inc. will post 4.86 EPS for the current year.

Analyst Ratings Changes

AMZN has been the topic of a number of recent research reports. Wedbush reissued an “outperform” rating and issued a $225.00 target price on shares of Amazon.com in a report on Friday, August 2nd. The Goldman Sachs Group dropped their price objective on shares of Amazon.com from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Roth Mkm upped their target price on shares of Amazon.com from $210.00 to $215.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Telsey Advisory Group reissued an “outperform” rating and set a $215.00 price objective on shares of Amazon.com in a research report on Thursday. Finally, UBS Group lifted their target price on Amazon.com from $217.00 to $224.00 and gave the company a “buy” rating in a research report on Tuesday, July 30th. Two investment analysts have rated the stock with a hold rating, forty have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus target price of $222.67.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total value of $3,757,123.68. Following the completion of the transaction, the chief executive officer now owns 2,056,534 shares of the company’s stock, valued at $371,759,651.18. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $180.77, for a total value of $3,757,123.68. Following the completion of the sale, the chief executive officer now owns 2,056,534 shares of the company’s stock, valued at $371,759,651.18. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the firm’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 transaction, the chief executive officer now owns 503,753 shares of the company’s stock, valued at $95,335,255.25. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 54,355 shares of company stock valued at $9,877,423 over the last quarter. 10.80% of the stock is owned by corporate 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.