Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Pinkerton Retirement Specialists LLC

Pinkerton Retirement Specialists LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 30.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,691 shares of the e-commerce giant’s stock after purchasing an additional 2,504 shares during the period. Pinkerton Retirement Specialists LLC’s holdings in Amazon.com were worth $1,624,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. PayPay Securities Corp grew its holdings in Amazon.com by 54.3% during the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its holdings in Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after acquiring an additional 86 shares during the period. Authentikos Wealth Advisory LLC acquired a new stake in Amazon.com during the third quarter worth about $49,000. Bruce G. Allen Investments LLC acquired a new stake in Amazon.com during the fourth quarter worth about $57,000. Finally, AM Squared Ltd acquired a new stake in Amazon.com during the third quarter worth about $76,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $176.59 on Thursday. Amazon.com, Inc. has a 12 month low of $101.15 and a 12 month high of $189.77. The stock has a market cap of $1.83 trillion, a price-to-earnings ratio of 60.89, a PEG ratio of 1.54 and a beta of 1.16. The stock’s 50 day moving average price is $177.71 and its 200 day moving average price is $158.12. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping the consensus estimate of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The firm had revenue of $169.96 billion for the quarter, compared to analysts’ expectations of $165.96 billion. During the same quarter in the previous year, the company earned $0.21 earnings per share. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. Equities research analysts anticipate that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $181.38, for a total value of $90,690.00. Following the transaction, the chief executive officer now owns 130,600 shares of the company’s stock, valued at $23,688,228. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $181.38, for a total value of $90,690.00. Following the transaction, the chief executive officer now owns 130,600 shares of the company’s stock, valued at $23,688,228. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 50,000 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $168.65, for a total value of $8,432,500.00. Following the completion of the transaction, the chief executive officer now directly owns 2,014,055 shares in the company, valued at approximately $339,670,375.75. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 32,214,010 shares of company stock valued at $5,505,889,146. Corporate insiders own 10.80% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of several analyst reports. Maxim Group started coverage on Amazon.com in a report on Wednesday, April 17th. They set a “buy” rating and a $218.00 target price on the stock. Citigroup increased their price target on Amazon.com from $215.00 to $235.00 and gave the stock a “buy” rating in a research report on Wednesday. UBS Group increased their price target on Amazon.com from $180.00 to $198.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Roth Mkm reiterated a “buy” rating and set a $205.00 price target on shares of Amazon.com in a research report on Tuesday, April 16th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $205.00 price target on shares of Amazon.com in a research report on Thursday, April 18th. One research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $204.76.

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.