Baldwin Wealth Partners LLC MA Buys 1,537 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Baldwin Wealth Partners LLC MA boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 352,752 shares of the e-commerce giant's stock after buying an additional 1,537 shares during the quarter. Amazon.com makes up about 4.7% of Baldwin Wealth Partners LLC MA's holdings, making the stock its 4th largest position. Baldwin Wealth Partners LLC MA's holdings in Amazon.com were worth $67,115,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of AMZN. Castlekeep Investment Advisors LLC acquired a new position in Amazon.com in the fourth quarter valued at $25,000. Prudent Man Investment Management Inc. acquired a new position in Amazon.com in the fourth quarter valued at $27,000. LSV Asset Management acquired a new position in Amazon.com in the fourth quarter valued at $35,000. Perritt Capital Management Inc boosted its stake in Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after acquiring an additional 80 shares in the last quarter. Finally, Quattro Financial Advisors LLC boosted its stake in Amazon.com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In related news, CEO Matthew S. Garman sold 20,923 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total transaction of $4,211,799.90. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $190.67, for a total transaction of $476,675.00. Following the sale, the chief executive officer now owns 506,974 shares in the company, valued at approximately $96,664,732.58. This trade represents a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 102,037 shares of company stock valued at $20,531,075 in the last ninety days. Corporate insiders own 9.70% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AMZN. Telsey Advisory Group restated an "outperform" rating and issued a $235.00 price objective on shares of Amazon.com in a research note on Friday, May 2nd. Westpark Capital reiterated a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. JMP Securities reiterated a "market outperform" rating on shares of Amazon.com in a research note on Tuesday, May 6th. Rosenblatt Securities increased their target price on shares of Amazon.com from $287.00 to $288.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Finally, DA Davidson decreased their target price on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Four analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. According to data from MarketBeat, Amazon.com currently has a consensus rating of "Moderate Buy" and an average target price of $245.64.

Amazon.com Price Performance

Shares of AMZN traded up $5.13 during mid-day trading on Thursday, reaching $217.12. 50,365,224 shares of the company's stock were exchanged, compared to its average volume of 41,982,569. 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 company has a 50-day simple moving average of $200.35 and a two-hundred day simple moving average of $209.09. 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 $2.31 trillion, a price-to-earnings ratio of 35.36, a PEG ratio of 1.60 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The business had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. During the same period last year, the company posted $0.98 EPS. The company's revenue was up 8.6% on a year-over-year basis. On average, sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.