Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by B.O.S.S. Retirement Advisors LLC

B.O.S.S. Retirement Advisors LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 71,170 shares of the e-commerce giant’s stock after purchasing an additional 7,226 shares during the period. Amazon.com accounts for 2.7% of B.O.S.S. Retirement Advisors LLC’s investment portfolio, making the stock its 4th biggest position. B.O.S.S. Retirement Advisors LLC’s holdings in Amazon.com were worth $13,261,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Market Street Wealth Management Advisors LLC raised its holdings in shares of Amazon.com by 7.5% during the third quarter. Market Street Wealth Management Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock worth $866,000 after purchasing an additional 323 shares during the period. Fulton Breakefield Broenniman LLC grew its position in shares of Amazon.com by 0.3% during the 3rd quarter. Fulton Breakefield Broenniman LLC now owns 275,188 shares of the e-commerce giant’s stock valued at $51,276,000 after buying an additional 817 shares during the last quarter. Firethorn Wealth Partners LLC raised its stake in Amazon.com by 16.9% during the third quarter. Firethorn Wealth Partners LLC now owns 13,236 shares of the e-commerce giant’s stock worth $2,466,000 after acquiring an additional 1,909 shares during the period. Provident Wealth Management LLC lifted its holdings in Amazon.com by 9.9% in the third quarter. Provident Wealth Management LLC now owns 2,919 shares of the e-commerce giant’s stock worth $544,000 after acquiring an additional 263 shares during the last quarter. Finally, Wolff Wiese Magana LLC boosted its stake in Amazon.com by 0.5% in the third quarter. Wolff Wiese Magana LLC now owns 11,954 shares of the e-commerce giant’s stock valued at $2,227,000 after acquiring an additional 57 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, insider Jeffrey P. Bezos sold 2,996,362 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $206.75, for a total transaction of $619,497,843.50. Following the transaction, the insider now owns 914,420,614 shares of the company’s stock, valued at approximately $189,056,461,944.50. This trade represents a 0.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the sale, the chief executive officer now owns 2,056,534 shares of the company’s stock, valued at $371,759,651.18. This trade represents a 1.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,053,349 shares of company stock valued at $1,256,503,289. 10.80% of the stock is owned by insiders.

Amazon.com Trading Down 4.2 %

Shares of NASDAQ AMZN opened at $202.61 on Friday. The firm has a market capitalization of $2.13 trillion, a PE ratio of 43.39, a PEG ratio of 1.44 and a beta of 1.14. Amazon.com, Inc. has a one year low of $139.52 and a one year high of $215.90. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of $190.54 and a two-hundred day moving average price of $185.54.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The firm had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. During the same period in the previous year, the firm posted $0.85 earnings per share. The firm’s revenue was up 11.0% on a year-over-year basis. As a group, analysts predict that Amazon.com, Inc. will post 5.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AMZN has been the topic of several recent research reports. Needham & Company LLC raised their price target on Amazon.com from $210.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday. Robert W. Baird raised their target price on Amazon.com from $213.00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Roth Mkm upped their price target on shares of Amazon.com from $210.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Amazon.com from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, November 1st. Finally, Maxim Group upped their target price on shares of Amazon.com from $251.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $235.45.

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.