Wiser Wealth Management Inc Acquires 230 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Wiser Wealth Management Inc lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,100 shares of the e-commerce giant’s stock after purchasing an additional 230 shares during the quarter. Amazon.com accounts for about 0.2% of Wiser Wealth Management Inc’s portfolio, making the stock its 27th biggest position. Wiser Wealth Management Inc’s holdings in Amazon.com were worth $578,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Howard Financial Services LTD. increased its position in shares of Amazon.com by 1.4% during the first quarter. Howard Financial Services LTD. now owns 24,124 shares of the e-commerce giant’s stock worth $4,352,000 after acquiring an additional 326 shares in the last quarter. Indiana Trust & Investment Management CO boosted its stake in Amazon.com by 10.8% in the 1st quarter. Indiana Trust & Investment Management CO now owns 33,901 shares of the e-commerce giant’s stock worth $6,115,000 after purchasing an additional 3,310 shares during the period. Capital Asset Advisory Services LLC increased its holdings in Amazon.com by 5.3% during the 1st quarter. Capital Asset Advisory Services LLC now owns 67,645 shares of the e-commerce giant’s stock worth $12,519,000 after purchasing an additional 3,425 shares in the last quarter. Register Financial Advisors LLC raised its stake in shares of Amazon.com by 2.9% in the 1st quarter. Register Financial Advisors LLC now owns 6,160 shares of the e-commerce giant’s stock valued at $1,111,000 after purchasing an additional 175 shares during the period. Finally, AMF Tjanstepension AB lifted its holdings in shares of Amazon.com by 4.1% in the first quarter. AMF Tjanstepension AB now owns 2,187,415 shares of the e-commerce giant’s stock valued at $394,566,000 after purchasing an additional 85,729 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Down 3.3 %

NASDAQ AMZN opened at $186.40 on Friday. 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 $1.96 trillion, a price-to-earnings ratio of 44.59, a PEG ratio of 1.38 and a beta of 1.14. The company has a 50 day moving average of $184.40 and a 200-day moving average of $183.65. Amazon.com, Inc. has a 1-year low of $131.71 and a 1-year high of $201.20.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Royal Bank of Canada reissued an “outperform” rating and issued a $215.00 target price on shares of Amazon.com in a research report on Friday, August 2nd. Jefferies Financial Group cut their price objective on shares of Amazon.com from $235.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Loop Capital raised their target price on shares of Amazon.com from $750.00 to $800.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Wedbush reissued an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a research report on Friday, August 2nd. Finally, Barclays raised their price objective on Amazon.com from $220.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Two equities research 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $236.76.

Insider Activity at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 2,190 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total value of $427,050.00. Following the transaction, the senior vice president now directly owns 62,420 shares of the company’s stock, valued at $12,171,900. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 3,791 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total value of $686,322.64. Following the sale, the vice president now owns 121,461 shares of the company’s stock, valued at approximately $21,989,299.44. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 2,190 shares of the business’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total value of $427,050.00. Following the transaction, the senior vice president now directly owns 62,420 shares of the company’s stock, valued at $12,171,900. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,855 shares of company stock valued at $9,215,048 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.