Moody Lynn & Lieberson LLC Has $39.18 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Moody Lynn & Lieberson LLC decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 210,246 shares of the e-commerce giant’s stock after selling 7,646 shares during the quarter. Amazon.com comprises approximately 2.4% of Moody Lynn & Lieberson LLC’s investment portfolio, making the stock its 11th biggest holding. Moody Lynn & Lieberson LLC’s holdings in Amazon.com were worth $39,175,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. PayPay Securities Corp increased its stake 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 valued at $32,000 after acquiring an additional 64 shares during the last quarter. Hoese & Co LLP bought a new position in shares of Amazon.com during the third quarter worth $37,000. Bull Oak Capital LLC bought a new stake in shares of Amazon.com in the 3rd quarter valued at $45,000. Values First Advisors Inc. bought a new stake in shares of Amazon.com in the third quarter worth about $56,000. Finally, Christopher J. Hasenberg Inc raised its position in shares of Amazon.com by 650.0% during the second quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock worth $58,000 after purchasing an additional 260 shares during the period. 72.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research analyst reports. Stifel Nicolaus raised their target price on shares of Amazon.com from $224.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, November 1st. BMO Capital Markets restated an “outperform” rating and issued a $236.00 price target (up from $230.00) on shares of Amazon.com in a report on Friday, November 1st. Wells Fargo & Company restated an “equal weight” rating and issued a $197.00 target price on shares of Amazon.com in a research note on Wednesday, November 20th. Piper Sandler raised their price target on shares of Amazon.com from $215.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, November 1st. Finally, Susquehanna increased their target price on shares of Amazon.com from $220.00 to $230.00 and gave the stock a “positive” rating in a report on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.20.

Amazon.com Stock Performance

NASDAQ AMZN opened at $205.74 on Friday. The firm has a 50-day moving average price of $194.46 and a two-hundred day moving average price of $186.79. Amazon.com, Inc. has a 12-month low of $142.81 and a 12-month high of $215.90. The company has a market capitalization of $2.16 trillion, a P/E ratio of 44.06, a P/E/G ratio of 1.35 and a beta of 1.14. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The business had revenue of $158.88 billion during the quarter, compared to analysts’ expectations of $157.28 billion. During the same period in the previous year, the company posted $0.85 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Analysts anticipate that Amazon.com, Inc. will post 5.29 earnings per share for the current year.

Insider Transactions at Amazon.com

In related news, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total value of $246,237.22. Following the sale, the director now directly owns 24,912 shares of the company’s stock, valued at $4,958,982.72. This trade represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Matthew S. Garman sold 15,260 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $200.19, for a total transaction of $3,054,899.40. Following the completion of the transaction, the chief executive officer now directly owns 349,261 shares of the company’s stock, valued at approximately $69,918,559.59. The trade was a 4.19 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,026,683 shares of company stock valued at $1,252,148,795. 10.80% of the stock is owned by corporate insiders.

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.