Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Central Asset Investments & Management Holdings HK Ltd

Central Asset Investments & Management Holdings HK Ltd boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 47.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,976 shares of the e-commerce giant’s stock after purchasing an additional 8,683 shares during the period. Amazon.com comprises approximately 1.9% of Central Asset Investments & Management Holdings HK Ltd’s holdings, making the stock its 7th largest position. Central Asset Investments & Management Holdings HK Ltd’s holdings in Amazon.com were worth $5,213,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in AMZN. PayPay Securities Corp lifted its position in shares of Amazon.com by 64.6% during 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 period. Christopher J. Hasenberg Inc lifted its position in shares of Amazon.com by 650.0% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock valued at $58,000 after acquiring an additional 260 shares during the period. Steph & Co. acquired a new stake in shares of Amazon.com during the 1st quarter valued at approximately $65,000. Koesten Hirschmann & Crabtree INC. acquired a new stake in shares of Amazon.com during the 1st quarter valued at approximately $69,000. Finally, Innealta Capital LLC acquired a new stake in shares of Amazon.com during the 2nd quarter valued at approximately $77,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In related news, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total transaction of $427,050.00. Following the transaction, the senior vice president now owns 62,420 shares in the company, valued at approximately $12,171,900. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, SVP David Zapolsky sold 2,190 shares of Amazon.com stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total transaction of $427,050.00. Following the transaction, the senior vice president now owns 62,420 shares in the company, valued at approximately $12,171,900. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $189.25, for a total transaction of $662,375.00. Following the transaction, the chief executive officer now owns 503,753 shares in the company, valued at $95,335,255.25. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 54,355 shares of company stock worth $9,877,423. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Stock Up 0.3 %

Shares of NASDAQ AMZN opened at $187.53 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $1.95 trillion, a PE ratio of 52.53, a P/E/G ratio of 1.38 and a beta of 1.14. The firm has a fifty day moving average of $181.54 and a 200-day moving average of $183.35. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $201.20.

Amazon.com (NASDAQ:AMZN) last posted its 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. The business had revenue of $147.98 billion for the quarter, compared to analyst estimates of $148.63 billion. Amazon.com had a net margin of 7.35% and a return on equity of 21.39%. On average, analysts anticipate that Amazon.com, Inc. will post 4.85 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on AMZN. Telsey Advisory Group reiterated an “outperform” rating and set a $215.00 price target on shares of Amazon.com in a research report on Thursday, October 10th. Morgan Stanley reiterated an “overweight” rating and set a $210.00 price target on shares of Amazon.com in a research report on Thursday, October 3rd. Jefferies Financial Group reduced their price target on shares of Amazon.com from $235.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Pivotal Research started coverage on Amazon.com in a research report on Friday, October 11th. They set a “buy” rating and a $260.00 price objective for the company. Finally, Piper Sandler cut their price objective on Amazon.com from $220.00 to $215.00 and set an “overweight” rating for the company in a research report on Friday, August 2nd. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus target price of $236.78.

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.