Nia Impact Advisors LLC Acquires Shares of 1,149 Amazon.com, Inc. (NASDAQ:AMZN)

Nia Impact Advisors LLC bought a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,149 shares of the e-commerce giant’s stock, valued at approximately $222,000.

Several other institutional investors have also recently made changes to their positions in AMZN. Muirfield Wealth Advisors LLC bought a new stake in shares of Amazon.com in the 4th quarter worth about $514,000. Yeomans Consulting Group Inc. bought a new stake in shares of Amazon.com in the 4th quarter worth about $489,000. Leo Wealth LLC bought a new stake in shares of Amazon.com in the 4th quarter worth about $21,292,000. Ables Iannone Moore & Associates Inc. bought a new stake in shares of Amazon.com in the 4th quarter worth about $12,388,000. Finally, Walden Wealth Partners LLC bought a new stake in Amazon.com during the 4th quarter valued at about $425,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 0.1 %

AMZN stock opened at $187.69 on Wednesday. The firm has a 50 day moving average of $180.63 and a 200 day moving average of $183.30. The stock has a market capitalization of $1.95 trillion, a PE ratio of 52.57, a price-to-earnings-growth ratio of 1.38 and a beta of 1.14. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 52 week low of $118.35 and a 52 week high of $201.20.

Amazon.com (NASDAQ:AMZN) last released 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 company had revenue of $147.98 billion during the quarter, compared to analysts’ expectations of $148.63 billion. Amazon.com had a net margin of 7.35% and a return on equity of 21.39%. Sell-side analysts forecast that Amazon.com, Inc. will post 4.85 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 24th. The shares were 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 in the company, valued at approximately $12,171,900. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Amazon.com news, CFO Brian T. Olsavsky sold 14,600 shares of Amazon.com stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.00, for a total transaction of $2,628,000.00. Following the completion of the sale, the chief financial officer now directly owns 49,000 shares in the company, valued at approximately $8,820,000. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total transaction 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. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 54,355 shares of company stock worth $9,877,423. Company insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AMZN shares. Rosenblatt Securities lifted their price objective on shares of Amazon.com from $220.00 to $221.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Sanford C. Bernstein lifted their price objective on shares of Amazon.com from $210.00 to $215.00 and gave the company an “outperform” rating in a report on Monday, July 22nd. Benchmark reiterated a “buy” rating and set a $200.00 price objective on shares of Amazon.com in a report on Friday, August 2nd. Truist Financial lifted their price objective on shares of Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a report on Monday, September 30th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $210.00 price objective on shares of Amazon.com in a report on Thursday, October 3rd. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average 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.