Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 8.5% during the 1st quarter, Holdings Channel reports. The firm owned 10,897 shares of the e-commerce giant’s stock after purchasing an additional 852 shares during the quarter. Amazon.com makes up approximately 0.8% of Astoria Portfolio Advisors LLC.’s investment portfolio, making the stock its 21st largest position. Astoria Portfolio Advisors LLC.’s holdings in Amazon.com were worth $2,001,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. UniSuper Management Pty Ltd lifted its position in shares of Amazon.com by 19.7% in the third quarter. UniSuper Management Pty Ltd now owns 1,536,939 shares of the e-commerce giant’s stock valued at $195,376,000 after acquiring an additional 253,367 shares in the last quarter. Acadian Asset Management LLC raised its stake in Amazon.com by 55.8% in the 3rd quarter. Acadian Asset Management LLC now owns 1,835,042 shares of the e-commerce giant’s stock valued at $233,250,000 after purchasing an additional 656,909 shares during the last quarter. Azimuth Capital Investment Management LLC lifted its holdings in Amazon.com by 80.4% in the 3rd quarter. Azimuth Capital Investment Management LLC now owns 169,864 shares of the e-commerce giant’s stock valued at $21,593,000 after purchasing an additional 75,701 shares in the last quarter. Regal Investment Advisors LLC boosted its stake in Amazon.com by 0.4% during the 3rd quarter. Regal Investment Advisors LLC now owns 70,019 shares of the e-commerce giant’s stock worth $8,901,000 after purchasing an additional 270 shares during the last quarter. Finally, Cardiff Park Advisors LLC grew its holdings in shares of Amazon.com by 0.5% during the third quarter. Cardiff Park Advisors LLC now owns 49,559 shares of the e-commerce giant’s stock worth $6,300,000 after buying an additional 252 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $197.59 on Friday. Amazon.com, Inc. has a 1 year low of $118.35 and a 1 year high of $200.43. The firm has a market capitalization of $2.06 trillion, a P/E ratio of 55.35, a P/E/G ratio of 1.43 and a beta of 1.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. The business’s 50-day moving average is $185.10 and its two-hundred day moving average is $174.15.

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus boosted their price target on shares of Amazon.com from $224.00 to $228.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Robert W. Baird upped their price target on Amazon.com from $210.00 to $213.00 and gave the company an “outperform” rating in a research report on Friday, June 21st. Truist Financial lifted 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. Oppenheimer upped their target price on Amazon.com from $210.00 to $220.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Finally, Telsey Advisory Group lifted their price target on Amazon.com from $200.00 to $215.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. One investment analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $215.86.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $177.29, for a total value of $620,515.00. Following the transaction, the chief executive officer now owns 523,253 shares of the company’s stock, valued at $92,767,524.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, SVP David Zapolsky sold 4,710 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $195.00, for a total value of $918,450.00. Following the completion of the transaction, the senior vice president now directly owns 59,500 shares of the company’s stock, valued at $11,602,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $177.29, for a total transaction of $620,515.00. Following the completion of the transaction, the chief executive officer now owns 523,253 shares in the company, valued at $92,767,524.37. The disclosure for this sale can be found here. Over the last quarter, insiders sold 69,548 shares of company stock worth $12,774,204. 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.