U.S. Capital Wealth Advisors LLC Purchases 6,354 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

U.S. Capital Wealth Advisors LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 165,534 shares of the e-commerce giant’s stock after acquiring an additional 6,354 shares during the period. Amazon.com makes up approximately 1.1% of U.S. Capital Wealth Advisors LLC’s holdings, making the stock its 13th biggest holding. U.S. Capital Wealth Advisors LLC’s holdings in Amazon.com were worth $30,844,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. PayPay Securities Corp raised its position in shares of Amazon.com by 64.6% in the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock valued at $32,000 after purchasing an additional 64 shares during the last quarter. Hoese & Co LLP acquired a new position in Amazon.com during the 3rd quarter valued at approximately $37,000. Christopher J. Hasenberg Inc raised its holdings in shares of Amazon.com by 650.0% in the second quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock worth $58,000 after buying an additional 260 shares during the last quarter. Koesten Hirschmann & Crabtree INC. acquired a new stake in shares of Amazon.com during the first quarter worth $69,000. Finally, Innealta Capital LLC purchased a new stake in shares of Amazon.com during the second quarter valued at $77,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Pivotal Research started coverage on Amazon.com in a research note on Friday, October 11th. They issued a “buy” rating and a $260.00 target price for the company. DA Davidson restated a “buy” rating and issued a $235.00 price objective on shares of Amazon.com in a research note on Thursday, October 10th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $197.00 target price on shares of Amazon.com in a report on Wednesday, November 20th. Loop Capital increased their price target on shares of Amazon.com from $225.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Finally, Evercore ISI lifted their price objective on shares of Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $235.77.

Amazon.com Stock Performance

NASDAQ AMZN opened at $201.45 on Tuesday. Amazon.com, Inc. has a fifty-two week low of $142.81 and a fifty-two week high of $215.90. The firm has a market capitalization of $2.12 trillion, a P/E ratio of 43.14, a price-to-earnings-growth ratio of 1.32 and a beta of 1.14. The stock’s fifty day moving average is $193.33 and its two-hundred day moving average is $186.38. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The firm had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same quarter in the prior year, the firm posted $0.85 earnings per share. Amazon.com’s quarterly revenue was up 11.0% on a year-over-year basis. On average, research analysts anticipate that Amazon.com, Inc. will post 5.29 earnings per share for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total value of $246,237.22. Following the sale, the director now owns 24,912 shares of the company’s stock, valued at $4,958,982.72. The trade was a 4.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP David Zapolsky sold 2,190 shares of the stock in a transaction dated 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 in the company, valued at approximately $12,171,900. The trade was a 3.39 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,026,683 shares of company stock worth $1,252,148,795. Company insiders own 10.80% of the company’s stock.

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.