Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Lifted by CBIZ Investment Advisory Services LLC

CBIZ Investment Advisory Services LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 231.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,645 shares of the e-commerce giant’s stock after purchasing an additional 1,847 shares during the quarter. Amazon.com makes up approximately 0.0% of CBIZ Investment Advisory Services LLC’s holdings, making the stock its 27th biggest position. CBIZ Investment Advisory Services LLC’s holdings in Amazon.com were worth $511,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in AMZN. Plato Investment Management Ltd raised its holdings in shares of Amazon.com by 5.9% in the 2nd quarter. Plato Investment Management Ltd now owns 209,409 shares of the e-commerce giant’s stock worth $40,468,000 after buying an additional 11,743 shares in the last quarter. Poehling Capital Management INC. boosted its position in Amazon.com by 1.0% in the 2nd quarter. Poehling Capital Management INC. now owns 30,370 shares of the e-commerce giant’s stock valued at $5,869,000 after buying an additional 311 shares during the last quarter. Stevard LLC boosted its position in Amazon.com by 20.6% in the 2nd quarter. Stevard LLC now owns 13,679 shares of the e-commerce giant’s stock valued at $2,643,000 after buying an additional 2,340 shares during the last quarter. Providence Wealth Advisors LLC boosted its position in Amazon.com by 18.4% in the 2nd quarter. Providence Wealth Advisors LLC now owns 15,909 shares of the e-commerce giant’s stock valued at $3,102,000 after buying an additional 2,475 shares during the last quarter. Finally, Nia Impact Advisors LLC bought a new position in Amazon.com in the 2nd quarter valued at $222,000. Institutional investors own 72.20% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer now owns 2,056,534 shares of the company’s stock, valued at approximately $371,759,651.18. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the transaction, the chief executive officer now directly 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP David Zapolsky sold 2,190 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total transaction of $427,050.00. Following the completion of the sale, the senior vice president now directly owns 62,420 shares of the company’s stock, valued at approximately $12,171,900. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 54,355 shares of company stock worth $9,877,423 in the last quarter. 10.80% of the stock is owned by corporate insiders.

Amazon.com Stock Up 0.1 %

AMZN stock opened at $187.69 on Wednesday. The stock has a market capitalization of $1.95 trillion, a P/E ratio of 52.57, a PEG ratio of 1.38 and a beta of 1.14. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.10. Amazon.com, Inc. has a one year low of $118.35 and a one year high of $201.20. The company has a 50 day moving average price of $180.63 and a two-hundred day moving average price of $183.30.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.18. The company had revenue of $147.98 billion for the quarter, compared to analyst estimates of $148.63 billion. Amazon.com had a net margin of 7.35% and a return on equity of 21.39%. As a group, sell-side analysts expect that Amazon.com, Inc. will post 4.85 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AMZN. Wolfe Research assumed coverage on Amazon.com in a research report on Tuesday, July 16th. They issued an “outperform” rating and a $250.00 price target on the stock. Cantor Fitzgerald reissued an “overweight” rating and issued a $230.00 price target on shares of Amazon.com in a research note on Monday, October 7th. TD Cowen raised their price objective on Amazon.com from $225.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, July 10th. Roth Mkm raised their price objective on Amazon.com from $210.00 to $215.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Finally, Sanford C. Bernstein lifted their price target on Amazon.com from $210.00 to $215.00 and gave the stock an “outperform” rating in a report on Monday, July 22nd. Two equities research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $224.00.

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.