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RIA Advisory Group LLC has a $1.05 million stake in Amazon.com, Inc. (NASDAQ:AMZN)


RIA Advisory Group LLC increased its holdings in Amazon.com, Inc. during the fourth quarter, according to Holdings Channel.com. (NASDAQ:AMZN) by 2.9%. The company owned 6,933 shares of the e-commerce giant’s stock after acquiring an additional 197 shares during the period. At the end of the last reporting period, the value of RIA Advisory Group LLC’s shares in Amazon.com was USD 1,053,000.

Several other large investors have also recently made changes to their positions in the industry. PayPay Securities Corp strengthened its position in Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 94 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of 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 valued at $42,000 after acquiring an additional 86 shares during the period. Strid Group LLC purchased a new position in Amazon.com during the fourth quarter worth approximately $43,000. Bruce G. Allen Investments LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth approximately $57,000. Finally, Authentikos Wealth Advisory LLC bought a new stake in shares of Amazon.com during the third quarter worth approximately $49,000. Institutional investors hold 72.20% of the company’s shares.

Amazon.com Stock Up 0.8%

AMZN shares opened at $189.50 on Friday. Amazon.com, Inc. it has a twelve month low of $108.05 and a twelve month high of $191.70. The company has a market capitalization of $1.97 trillion, a price-to-earnings ratio of 53.08, a P/E/G ratio of 1.35 and a beta of 1.15. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The company has a 50-day moving average price of $179.90 and a two-hundred-day moving average price of $161.81.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping analyst consensus estimates of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s revenue for the quarter was $143.31 billion, compared to the consensus estimate of $142.65 billion. During the same period last year, the company earned $0.31 per share. The company’s revenue for the quarter increased 12.5% ​​year-over-year. Analysts predict that Amazon.com, Inc. will see 4.67 EPS for the current financial year.

Analyst Upgrades and Downgrades

Several equity research analysts have commented on the stock recently. JMP Securities maintained a Market Outperform rating and set a $225.00 price target on shares of Amazon.com in a research report released on Wednesday, May 1st. Evercore ISI increased their target price on shares of Amazon.com from $220.00 to $225.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. Maxim Group lowered their target price on Amazon.com from $318.00 to $238.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Oppenheimer increased their price target on Amazon.com from $210.00 to $220.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Finally, Canaccord Genuity Group increased their price target on Amazon.com from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. One analyst has rated the company with a hold rating, forty-four have issued a buy rating to the company and one has issued a strong buy rating to the company. According to MarketBeat.com, Amazon.com currently has an average rating of “Buy” and a consensus price target of $211.62.

Get our latest stock analysis on Amazon.com

Insider activity on Amazon.com

In other Amazon.com news, whistleblower Jeffrey P. Bezos sold 5,998,849 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $173.27, for a total transaction amount of $1,039,420,566.23. Following the transaction, the insider now owns 964,256,421 shares of the company’s stock, valued at $167,076,710,066.67. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Amazon.com news, CEO Douglas J. Herrington sold 14,300 shares of Amazon.com stock in a transaction on Monday, February 12th. The shares were sold at an average price of USD 175.00, for a total transaction amount of USD 2,502,500.00. Following the closing of the transaction, the CEO now directly owns 499,831 shares of the company’s stock valued at $87,470,425. The transaction was disclosed in a document filed with the SEC, which is available on the SEC’s website. Additionally, insider Jeffrey P. Bezos sold 5,998,849 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $173.27, for a total transaction amount of $1,039,420,566.23. Following the completion of the transaction, the insider now directly owns 964,256,421 shares of the company’s stock valued at $167,076,710,066.67. The announcement of this sale can be found here. Over the last ninety days, insiders have sold 20,187,979 shares of company stock worth $3,440,575,337. Insiders own 10.80% of the company’s shares.

Amazon.com company profile

(free report)

Amazon.com, Inc. retails consumer products, advertising and subscription services through online and physical stores in North America and abroad. The company operates in three segments: North America, International and Amazon Web Services (AWS). It also manufactures and sells electronic devices including Kindle, Fire tablets, Fire TV, Echo, Ring, Blink and eero; and develops and produces media content.

Further reading

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Institutional ownership by quarter for Amazon.com (NASDAQ:AMZN)



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