America First Investment Advisors LLC Has $27.97 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

America First Investment Advisors LLC decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 144,717 shares of the e-commerce giant’s stock after selling 7,921 shares during the quarter. Amazon.com comprises approximately 6.9% of America First Investment Advisors LLC’s portfolio, making the stock its 3rd largest holding. America First Investment Advisors LLC’s holdings in Amazon.com were worth $27,967,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the 4th quarter worth $30,000. PayPay Securities Corp boosted its holdings in shares of Amazon.com by 64.6% in the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock worth $32,000 after buying an additional 64 shares during the last quarter. Clarity Asset Management Inc. purchased a new position in shares of Amazon.com in the 4th quarter worth about $46,000. Christopher J. Hasenberg Inc boosted its holdings in shares of Amazon.com by 650.0% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock worth $58,000 after buying an additional 260 shares during the last quarter. Finally, Steph & Co. purchased a new position in shares of Amazon.com in the 1st quarter worth about $65,000. Institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, CFO Brian T. Olsavsky sold 14,600 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.00, for a total value of $2,628,000.00. Following the transaction, the chief financial officer now owns 49,000 shares in the company, valued at approximately $8,820,000. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Brian T. Olsavsky sold 14,600 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $180.00, for a total value of $2,628,000.00. Following the completion of the sale, the chief financial officer now owns 49,000 shares of the company’s stock, valued at $8,820,000. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $180.77, for a total value of $3,757,123.68. Following the completion of the sale, the chief executive officer now directly owns 2,056,534 shares of the company’s stock, valued at $371,759,651.18. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 54,355 shares of company stock worth $9,877,423. Insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on AMZN shares. Truist Financial boosted their price target on shares of Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a report on Monday, September 30th. Stifel Nicolaus cut their price target on shares of Amazon.com from $228.00 to $224.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Wolfe Research started coverage on shares of Amazon.com in a report on Tuesday, July 16th. They issued an “outperform” rating and a $250.00 price target on the stock. BMO Capital Markets reissued an “outperform” rating and issued a $230.00 price target on shares of Amazon.com in a report on Thursday, September 19th. Finally, DA Davidson reissued a “buy” rating and issued a $235.00 price target on shares of Amazon.com in a report on Thursday. Two research 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $224.00.

Amazon.com Stock Up 1.2 %

Shares of Amazon.com stock opened at $188.82 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. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $201.20. The stock has a market capitalization of $1.98 trillion, a price-to-earnings ratio of 45.17, a P/E/G ratio of 1.38 and a beta of 1.14. The company’s 50 day moving average price is $179.58 and its 200-day moving average price is $183.14.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.18. Amazon.com had a net margin of 7.35% and a return on equity of 21.39%. The firm had revenue of $147.98 billion for the quarter, compared to analysts’ expectations of $148.63 billion. Equities research analysts forecast that Amazon.com, Inc. will post 4.85 EPS for the current year.

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.