Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Lifted by Hoxton Planning & Management LLC

Hoxton Planning & Management LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 17.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,502 shares of the e-commerce giant’s stock after buying an additional 1,686 shares during the period. Amazon.com makes up approximately 1.0% of Hoxton Planning & Management LLC’s holdings, making the stock its 19th biggest position. Hoxton Planning & Management LLC’s holdings in Amazon.com were worth $2,075,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMZN. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com in the fourth quarter worth about $30,000. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Amazon.com by 45.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 86 shares during the last quarter. Strid Group LLC acquired a new position in shares of Amazon.com during the 4th quarter worth about $43,000. Harbor Investment Advisory LLC lifted its position in shares of Amazon.com by 0.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 1,988 shares during the last quarter. Finally, Clarity Asset Management Inc. acquired a new position in shares of Amazon.com during the 4th quarter worth about $46,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity

In other news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the completion of the transaction, the chief executive officer now owns 131,600 shares in the company, valued at approximately $24,214,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the completion of the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at approximately $24,214,400. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Keith Brian Alexander sold 1,000 shares of the firm’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $186.22, for a total transaction of $186,220.00. Following the completion of the sale, the director now owns 4,760 shares of the company’s stock, valued at $886,407.20. The disclosure for this sale can be found here. Insiders sold 65,338 shares of company stock worth $11,894,344 in the last quarter. Corporate insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on AMZN. Truist Financial boosted their price objective on Amazon.com from $216.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Roth Mkm restated a “buy” rating and set a $210.00 price target (up from $205.00) on shares of Amazon.com in a research note on Wednesday, May 1st. Benchmark restated a “buy” rating and set a $200.00 price target on shares of Amazon.com in a research note on Wednesday, May 1st. Barclays boosted their price target on Amazon.com from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Wednesday, May 1st. Finally, Moffett Nathanson reiterated a “buy” rating and issued a $228.00 price objective on shares of Amazon.com in a research note on Thursday, April 11th. One investment analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $215.86.

Amazon.com Price Performance

AMZN stock opened at $193.25 on Friday. The stock has a 50-day moving average price of $183.87 and a two-hundred day moving average price of $172.93. The stock has a market cap of $2.01 trillion, a PE ratio of 54.13, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 1 year low of $118.35 and a 1 year high of $199.84.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.15. The firm had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s revenue was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.31 EPS. Equities analysts forecast that Amazon.com, Inc. will post 4.72 EPS for the current fiscal year.

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.