Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Blair William & Co. IL

Blair William & Co. IL grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,073,517 shares of the e-commerce giant’s stock after acquiring an additional 127,076 shares during the quarter. Amazon.com accounts for 3.6% of Blair William & Co. IL’s holdings, making the stock its 3rd biggest position. Blair William & Co. IL owned approximately 0.06% of Amazon.com worth $1,173,707,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. jvl associates llc raised its stake in shares of Amazon.com by 7.1% during the 1st quarter. jvl associates llc now owns 3,203 shares of the e-commerce giant’s stock worth $578,000 after purchasing an additional 213 shares in the last quarter. Emprise Bank bought a new stake in shares of Amazon.com during the 1st quarter worth approximately $3,349,000. Mainsail Asset Management LLC raised its stake in shares of Amazon.com by 15.5% during the 1st quarter. Mainsail Asset Management LLC now owns 7,533 shares of the e-commerce giant’s stock worth $1,359,000 after purchasing an additional 1,013 shares in the last quarter. Deane Retirement Strategies Inc. raised its stake in Amazon.com by 0.3% in the 1st quarter. Deane Retirement Strategies Inc. now owns 25,325 shares of the e-commerce giant’s stock valued at $4,565,000 after acquiring an additional 76 shares during the period. Finally, CJM Wealth Advisers Ltd. raised its stake in Amazon.com by 4.2% in the 1st quarter. CJM Wealth Advisers Ltd. now owns 6,778 shares of the e-commerce giant’s stock valued at $1,223,000 after acquiring an additional 276 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $188.99 on Friday. The business’s 50-day moving average price is $181.98 and its 200-day moving average price is $183.41. Amazon.com, Inc. has a 12 month low of $118.35 and a 12 month high of $201.20. The firm has a market capitalization of $1.97 trillion, a price-to-earnings ratio of 52.94, a PEG ratio of 1.38 and a beta of 1.14. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.18. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. The company had revenue of $147.98 billion during the quarter, compared to the consensus estimate of $148.63 billion. Equities research analysts forecast that Amazon.com, Inc. will post 4.85 EPS for the current year.

Insider Transactions at Amazon.com

In other news, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The stock was 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 in the company, valued at $371,759,651.18. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 3,791 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total value of $686,322.64. Following the completion of the transaction, the vice president now directly owns 121,461 shares in the company, valued at approximately $21,989,299.44. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 54,355 shares of company stock worth $9,877,423 over the last ninety days. 10.80% of the stock is owned by insiders.

Analysts Set New Price Targets

AMZN has been the topic of a number of research analyst reports. Piper Sandler dropped their price target on Amazon.com from $220.00 to $215.00 and set an “overweight” rating on the stock in a research note on Friday, August 2nd. Itau BBA Securities cut Amazon.com from an “outperform” rating to a “market perform” rating and set a $186.00 price target on the stock. in a research note on Friday, August 2nd. Evercore ISI restated an “outperform” rating and issued a $240.00 price target on shares of Amazon.com in a research note on Friday, October 11th. Needham & Company LLC reiterated a “buy” rating and set a $210.00 price objective on shares of Amazon.com in a research report on Thursday, September 12th. Finally, Benchmark reiterated a “buy” rating and set a $200.00 price objective on shares of Amazon.com in a research report on Friday, August 2nd. Two analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $236.78.

About Amazon.com

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.