Warren Street Wealth Advisors LLC Acquires 663 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Warren Street Wealth Advisors LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,507 shares of the e-commerce giant’s stock after buying an additional 663 shares during the quarter. Amazon.com comprises 0.8% of Warren Street Wealth Advisors LLC’s portfolio, making the stock its 19th biggest holding. Warren Street Wealth Advisors LLC’s holdings in Amazon.com were worth $1,444,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AMZN. Vanguard Group Inc. lifted its position in shares of Amazon.com by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 771,086,427 shares of the e-commerce giant’s stock worth $117,158,872,000 after purchasing an additional 13,134,632 shares during the last quarter. FMR LLC increased its holdings in shares of Amazon.com by 7.7% during the 3rd quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock worth $38,403,135,000 after purchasing an additional 21,649,871 shares during the period. Norges Bank acquired a new position in shares of Amazon.com during the fourth quarter valued at about $17,700,551,000. Northern Trust Corp lifted its stake in shares of Amazon.com by 3.7% in the third quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock valued at $11,736,905,000 after buying an additional 3,260,411 shares during the period. Finally, Jennison Associates LLC grew its position in Amazon.com by 2.5% during the fourth quarter. Jennison Associates LLC now owns 56,371,051 shares of the e-commerce giant’s stock worth $8,565,017,000 after buying an additional 1,389,503 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Up 0.2 %

AMZN stock opened at $184.06 on Tuesday. The company has a market cap of $1.92 trillion, a price-to-earnings ratio of 51.56, a P/E/G ratio of 1.32 and a beta of 1.14. Amazon.com, Inc. has a twelve month low of $118.35 and a twelve month high of $191.70. The business has a 50 day moving average price of $182.90 and a two-hundred day moving average price of $170.62. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, beating the consensus estimate of $0.83 by $0.15. The company had revenue of $143.31 billion during the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.31 EPS. Analysts anticipate that Amazon.com, Inc. will post 4.72 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 2,700 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $181.39, for a total transaction of $489,753.00. Following the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total transaction of $489,753.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction of $90,000.00. Following the completion of the transaction, the chief executive officer now directly owns 132,600 shares in the company, valued at $23,868,000. The disclosure for this sale can be found here. Insiders have sold 65,838 shares of company stock worth $11,984,344 in the last ninety days. Insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of recent analyst reports. Evercore ISI increased their target price on shares of Amazon.com from $220.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. Argus lifted their target price on shares of Amazon.com from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. Robert W. Baird increased their price target on Amazon.com from $205.00 to $210.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. Wedbush reaffirmed an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a report on Wednesday, May 1st. Finally, Moffett Nathanson reissued a “buy” rating and issued a $228.00 price objective on shares of Amazon.com in a research note on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $213.82.

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.