Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Nikulski Financial Inc.

Nikulski Financial Inc. increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 72,541 shares of the e-commerce giant’s stock after buying an additional 1,291 shares during the period. Amazon.com accounts for 4.0% of Nikulski Financial Inc.’s portfolio, making the stock its 3rd largest holding. Nikulski Financial Inc.’s holdings in Amazon.com were worth $13,517,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMZN. China Universal Asset Management Co. Ltd. raised its holdings in Amazon.com by 31.6% during the first quarter. China Universal Asset Management Co. Ltd. now owns 182,359 shares of the e-commerce giant’s stock valued at $32,894,000 after buying an additional 43,759 shares in the last quarter. Quent Capital LLC increased its holdings in shares of Amazon.com by 3.3% during the 1st quarter. Quent Capital LLC now owns 33,729 shares of the e-commerce giant’s stock valued at $6,084,000 after acquiring an additional 1,081 shares during the last quarter. Delta Global Management LP raised its stake in shares of Amazon.com by 35.6% in the 1st quarter. Delta Global Management LP now owns 571,735 shares of the e-commerce giant’s stock valued at $103,130,000 after acquiring an additional 150,128 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in Amazon.com by 56.5% in the 1st quarter. CreativeOne Wealth LLC now owns 95,183 shares of the e-commerce giant’s stock worth $17,169,000 after purchasing an additional 34,344 shares during the last quarter. Finally, Covington Investment Advisors Inc. boosted its position in Amazon.com by 6.2% during the first quarter. Covington Investment Advisors Inc. now owns 102,578 shares of the e-commerce giant’s stock worth $18,503,000 after purchasing an additional 5,989 shares during the period. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Amazon.com from $225.00 to $232.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Susquehanna boosted their target price on shares of Amazon.com from $220.00 to $230.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Evercore ISI raised their price target on Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Piper Sandler boosted their price objective on Amazon.com from $215.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, November 1st. Finally, Maxim Group raised their target price on Amazon.com from $251.00 to $260.00 and gave the company a “buy” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $236.20.

Amazon.com Price Performance

Shares of AMZN stock opened at $227.03 on Friday. The stock’s fifty day moving average is $196.61 and its 200-day moving average is $187.78. 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, Inc. has a 52 week low of $143.64 and a 52 week high of $227.15. The stock has a market capitalization of $2.39 trillion, a PE ratio of 48.61, a PEG ratio of 1.43 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $157.28 billion. During the same quarter in the prior year, the firm earned $0.85 EPS. The company’s revenue was up 11.0% on a year-over-year basis. Equities research analysts expect that Amazon.com, Inc. will post 5.29 EPS for the current fiscal year.

Insider Activity at Amazon.com

In other news, insider Jeffrey P. Bezos sold 2,996,362 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the transaction, the insider now owns 917,416,976 shares of the company’s stock, valued at $191,602,535,437.60. This represents a 0.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total value of $246,237.22. Following the completion of the sale, the director now owns 24,912 shares of the company’s stock, valued at approximately $4,958,982.72. The trade was a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,030,183 shares of company stock valued at $1,252,883,795 over the last quarter. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Company 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.