Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by ORG Partners LLC

ORG Partners LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 30.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,201 shares of the e-commerce giant’s stock after buying an additional 8,152 shares during the quarter. Amazon.com accounts for about 1.0% of ORG Partners LLC’s investment portfolio, making the stock its 27th largest holding. ORG Partners LLC’s holdings in Amazon.com were worth $7,723,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Helios Capital Management PTE. Ltd. raised its stake in shares of Amazon.com by 15.1% in the 2nd quarter. Helios Capital Management PTE. Ltd. now owns 40,500 shares of the e-commerce giant’s stock valued at $7,827,000 after purchasing an additional 5,300 shares in the last quarter. FAS Wealth Partners Inc. increased its holdings in Amazon.com by 2.5% in the second quarter. FAS Wealth Partners Inc. now owns 64,381 shares of the e-commerce giant’s stock valued at $12,442,000 after buying an additional 1,592 shares during the last quarter. Blue Chip Partners LLC raised its stake in Amazon.com by 7.2% during the second quarter. Blue Chip Partners LLC now owns 116,953 shares of the e-commerce giant’s stock valued at $22,601,000 after buying an additional 7,858 shares in the last quarter. Coerente Capital Management lifted its holdings in Amazon.com by 1.3% during the 2nd quarter. Coerente Capital Management now owns 128,617 shares of the e-commerce giant’s stock worth $24,855,000 after buying an additional 1,643 shares during the last quarter. Finally, AM Investment Strategies LLC grew its position in shares of Amazon.com by 1.0% in the 2nd quarter. AM Investment Strategies LLC now owns 279,500 shares of the e-commerce giant’s stock worth $54,013,000 after acquiring an additional 2,749 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, Director Jonathan Rubinstein sold 4,351 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the transaction, the director now owns 88,203 shares of the company’s stock, valued at approximately $20,273,459.55. This trade represents a 4.70 % 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. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $206.75, for a total transaction of $619,497,843.50. Following the transaction, the insider now owns 914,420,614 shares in the company, valued at $189,056,461,944.50. This represents a 0.33 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,032,344 shares of company stock valued at $1,253,456,822. 10.80% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on AMZN shares. BMO Capital Markets restated an “outperform” rating and set a $236.00 price objective on shares of Amazon.com in a research note on Tuesday, December 3rd. Wedbush lifted their price target on shares of Amazon.com from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Monday, January 6th. Moffett Nathanson increased their price objective on shares of Amazon.com from $235.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Truist Financial lifted their target price on Amazon.com from $265.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Wells Fargo & Company increased their price target on Amazon.com from $197.00 to $212.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $245.65.

Amazon.com Stock Up 2.4 %

AMZN stock opened at $225.94 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The firm has a market capitalization of $2.38 trillion, a P/E ratio of 48.38, a P/E/G ratio of 1.22 and a beta of 1.14. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $233.00. The company’s 50 day simple moving average is $217.91 and its 200-day simple moving average is $196.27.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. The company had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The company’s revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.85 EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 5.38 EPS for the current year.

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.