Amazon.com, Inc. (NASDAQ:AMZN) Holdings Boosted by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,025 shares of the e-commerce giant’s stock after buying an additional 3,720 shares during the period. Amazon.com comprises 7.7% of Vanguard Capital Wealth Advisors’ portfolio, making the stock its largest holding. Vanguard Capital Wealth Advisors’ holdings in Amazon.com were worth $11,008,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in AMZN. Transatlantique Private Wealth LLC increased its holdings in Amazon.com by 0.7% in the 3rd quarter. Transatlantique Private Wealth LLC now owns 14,467 shares of the e-commerce giant’s stock worth $1,839,000 after acquiring an additional 106 shares in the last quarter. South Street Advisors LLC boosted its position in shares of Amazon.com by 0.8% in the third quarter. South Street Advisors LLC now owns 20,370 shares of the e-commerce giant’s stock worth $2,589,000 after purchasing an additional 160 shares during the period. FMR LLC increased its stake in shares of Amazon.com by 7.7% in the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock worth $38,403,135,000 after purchasing an additional 21,649,871 shares in the last quarter. Allen Investment Management LLC raised its position in shares of Amazon.com by 0.8% during the 3rd quarter. Allen Investment Management LLC now owns 2,588,675 shares of the e-commerce giant’s stock valued at $329,072,000 after purchasing an additional 20,280 shares during the period. Finally, Clearstead Advisors LLC lifted its stake in shares of Amazon.com by 20.9% during the 3rd quarter. Clearstead Advisors LLC now owns 119,042 shares of the e-commerce giant’s stock valued at $15,133,000 after buying an additional 20,613 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total transaction of $92,000.00. Following the completion of the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at approximately $24,214,400. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the transaction, the chief executive officer now directly owns 131,600 shares of the company’s stock, valued at $24,214,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,700 shares of the company’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $181.39, for a total value of $489,753.00. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at $21,726,894.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 66,548 shares of company stock worth $12,180,239. 10.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on AMZN. Wells Fargo & Company raised their price target on Amazon.com from $234.00 to $239.00 and gave the company an “overweight” rating in a report on Friday, June 28th. Loop Capital boosted their price target on Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Monday, May 6th. JMP Securities reaffirmed a “market outperform” rating and set a $225.00 price objective on shares of Amazon.com in a report on Wednesday, May 1st. UBS Group boosted their target price on shares of Amazon.com from $215.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Finally, Robert W. Baird raised their target price on shares of Amazon.com from $210.00 to $213.00 and gave the company an “outperform” rating in a research note on Friday, June 21st. One equities research analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Buy” and a consensus price target of $215.86.

Amazon.com Stock Up 1.4 %

NASDAQ:AMZN opened at $200.00 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. Amazon.com, Inc. has a 1-year low of $118.35 and a 1-year high of $200.43. The company has a 50-day moving average of $184.27 and a 200 day moving average of $173.63. The firm has a market cap of $2.08 trillion, a PE ratio of 56.02, a price-to-earnings-growth ratio of 1.38 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.15. The firm had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.31 EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 4.72 EPS for the current fiscal year.

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.