Vawter Financial Ltd. raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 9.1% during the third quarter, HoldingsChannel.com reports. The firm owned 2,585 shares of the e-commerce giant’s stock after buying an additional 216 shares during the period. Vawter Financial Ltd.’s holdings in Amazon.com were worth $482,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. PayPay Securities Corp grew its stake in Amazon.com by 64.6% in the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock worth $32,000 after purchasing an additional 64 shares in the last quarter. Hoese & Co LLP bought a new position in Amazon.com during the 3rd quarter worth approximately $37,000. Bull Oak Capital LLC acquired a new position in shares of Amazon.com in the 3rd quarter worth approximately $45,000. Values First Advisors Inc. acquired a new position in shares of Amazon.com in the 3rd quarter worth approximately $56,000. Finally, Christopher J. Hasenberg Inc increased 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 valued at $58,000 after acquiring an additional 260 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
Amazon.com Price Performance
Shares of NASDAQ:AMZN opened at $227.05 on Friday. The company has a market capitalization of $2.39 trillion, a PE ratio of 48.62, a price-to-earnings-growth ratio of 1.54 and a beta of 1.16. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The stock has a fifty day moving average of $209.04 and a 200-day moving average of $192.55. Amazon.com, Inc. has a one year low of $144.05 and a one year high of $233.00.
Insider Buying and Selling at Amazon.com
In other news, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction on Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the transaction, the director now owns 88,203 shares in the company, valued at approximately $20,273,459.55. The trade was a 4.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $208.85, for a total value of $625,790,203.70. Following the transaction, the insider now directly owns 917,416,976 shares in the company, valued at $191,602,535,437.60. The trade was a 0.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,032,344 shares of company stock valued at $1,253,456,822. 10.80% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Benchmark raised their price objective on Amazon.com from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Oppenheimer raised their price target on shares of Amazon.com from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. The Goldman Sachs Group boosted their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Telsey Advisory Group raised their target price on shares of Amazon.com from $215.00 to $235.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, Maxim Group lifted their target price on Amazon.com from $251.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating, forty-one have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $243.00.
View Our Latest Report on AMZN
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.
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