Anfield Capital Management LLC Acquires 120 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Anfield Capital Management LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,970 shares of the e-commerce giant’s stock after purchasing an additional 120 shares during the period. Anfield Capital Management LLC’s holdings in Amazon.com were worth $574,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the 4th quarter valued at $30,000. Clarity Asset Management Inc. acquired a new position in Amazon.com during the 4th quarter valued at about $46,000. Christopher J. Hasenberg Inc raised its stake in Amazon.com by 650.0% in the second quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock valued at $58,000 after buying an additional 260 shares during the last quarter. Steph & Co. acquired a new stake in Amazon.com in the first quarter worth about $65,000. Finally, Advantage Trust Co purchased a new stake in shares of Amazon.com during the fourth quarter worth about $68,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 1,228,993 shares of the stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $200.36, for a total transaction of $246,241,037.48. Following the completion of the transaction, the insider now directly owns 930,696,284 shares of the company’s stock, valued at $186,474,307,462.24. The sale was disclosed in a filing with the SEC, which is available through this link. In other Amazon.com news, insider Jeffrey P. Bezos sold 1,228,993 shares of the company’s stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $200.36, for a total value of $246,241,037.48. Following the transaction, the insider now directly owns 930,696,284 shares in the company, valued at approximately $186,474,307,462.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $195.99, for a total transaction of $685,965.00. Following the completion of the sale, the chief executive officer now owns 519,753 shares of the company’s stock, valued at approximately $101,866,390.47. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,101,797 shares of company stock worth $1,220,129,922. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Down 0.7 %

Shares of Amazon.com stock opened at $191.16 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.10. The stock has a market capitalization of $2.01 trillion, a price-to-earnings ratio of 53.55, a P/E/G ratio of 1.46 and a beta of 1.14. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $201.20. The company’s 50 day moving average price is $178.68 and its 200-day moving average price is $182.42.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.18. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. The firm had revenue of $147.98 billion during the quarter, compared to the consensus estimate of $148.63 billion. Equities research analysts forecast that Amazon.com, Inc. will post 4.86 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Stifel Nicolaus lowered their price objective on shares of Amazon.com from $228.00 to $224.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $230.00 price target on shares of Amazon.com in a research report on Monday. TD Securities increased their price objective on Amazon.com from $225.00 to $245.00 in a report on Wednesday, July 10th. Roth Mkm lifted their target price on Amazon.com from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Finally, Morgan Stanley dropped their target price on Amazon.com from $240.00 to $210.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 6th. One analyst has rated the stock with a hold rating, forty-one have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $222.84.

About Amazon.com

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.