Amazon.com, Inc. (NASDAQ:AMZN) Holdings Lifted by Warther Private Wealth LLC

Warther Private Wealth LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 22.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 131,907 shares of the e-commerce giant's stock after buying an additional 24,122 shares during the quarter. Amazon.com comprises about 8.3% of Warther Private Wealth LLC's investment portfolio, making the stock its 2nd biggest position. Warther Private Wealth LLC's holdings in Amazon.com were worth $25,097,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in AMZN. Norges Bank purchased a new position in shares of Amazon.com in the 4th quarter worth $27,266,582,000. GAMMA Investing LLC raised its position in Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant's stock valued at $5,754,425,000 after purchasing an additional 30,104,520 shares during the period. Capital World Investors raised its position in Amazon.com by 36.8% in the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock valued at $14,416,078,000 after purchasing an additional 17,681,004 shares during the period. Vanguard Group Inc. raised its position in Amazon.com by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock valued at $180,637,081,000 after purchasing an additional 17,635,391 shares during the period. Finally, Proficio Capital Partners LLC raised its position in Amazon.com by 17,054.5% in the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant's stock valued at $2,652,116,000 after purchasing an additional 12,018,120 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the company. Westpark Capital reissued a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a research report on Friday, May 2nd. Oppenheimer raised their price objective on Amazon.com from $215.00 to $250.00 and gave the company an "outperform" rating in a research report on Friday, June 20th. Scotiabank cut their price objective on Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating on the stock in a research report on Monday, April 21st. Piper Sandler reissued an "overweight" rating and issued a $212.00 price objective (down from $215.00) on shares of Amazon.com in a research report on Friday, May 2nd. Finally, Wedbush reissued an "outperform" rating and issued a $235.00 price objective (up from $225.00) on shares of Amazon.com in a research report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating, forty-five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Amazon.com has an average rating of "Moderate Buy" and a consensus target price of $245.60.

Amazon.com Stock Performance

Shares of AMZN stock opened at $219.92 on Thursday. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average of $205.03 and a two-hundred day moving average of $208.83. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a market cap of $2.33 trillion, a P/E ratio of 35.82, a PEG ratio of 1.66 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The company had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. During the same period in the previous year, the firm posted $0.98 earnings per share. Amazon.com's quarterly revenue was up 8.6% compared to the same quarter last year. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $201.30, for a total transaction of $4,000,233.60. Following the transaction, the chief executive officer directly owned 2,148,694 shares of the company's stock, valued at approximately $432,532,102.20. This trade represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Matthew S. Garman sold 20,923 shares of the firm's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,211,799.90. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,424,463 shares of company stock valued at $756,747,557. 9.70% of the stock is currently owned by insiders.

Amazon.com 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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