Other hedge funds have also recently modified their holdings of the company. Perkins Coie Trust Co boosted its position in Amazon.com by 1.6% in the first quarter. Perkins Coie Trust Co now owns 41,420 shares of the e-commerce giant’s stock valued at $7,880,000 after buying an additional 642 shares during the last quarter. Piscataqua Savings Bank boosted its position in Amazon.com by 5.0% in the first quarter. Piscataqua Savings Bank now owns 15,009 shares of the e-commerce giant’s stock valued at $2,856,000 after buying an additional 710 shares during the last quarter. Lake Hills Wealth Management LLC boosted its position in Amazon.com by 21.9% in the first quarter. Lake Hills Wealth Management LLC now owns 10,288 shares of the e-commerce giant’s stock valued at $1,957,000 after buying an additional 1,846 shares during the last quarter. Godsey & Gibb Inc. boosted its position in Amazon.com by 27.8% in the first quarter. Godsey & Gibb Inc. now owns 20,364 shares of the e-commerce giant’s stock valued at $3,874,000 after buying an additional 4,425 shares during the last quarter. Finally, Persium Advisors LLC boosted its position in Amazon.com by 2.9% in the first quarter. Persium Advisors LLC now owns 3,720 shares of the e-commerce giant’s stock valued at $708,000 after buying an additional 104 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

In other news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction 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 transaction, the chief executive officer now owns 506,974 shares in the company, valued at $96,664,732.58. The trade was a 0.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total value of $541,129.05. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $24,050,626.20. This represents a 2.20% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,037 shares of company stock worth $20,531,075. Corporate insiders own 9.70% of the company’s stock.

Shares of AMZN stock opened at $209.69 on Friday. The stock’s fifty day moving average is $198.41 and its two-hundred day moving average is $209.31. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. The firm has a market capitalization of $2.23 trillion, a P/E ratio of 34.15, a PEG ratio of 1.61 and a beta of 1.33. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.21. The company had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.98 EPS. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

A number of brokerages recently commented on AMZN. Benchmark reiterated a “buy” rating and issued a $260.00 target price on shares of Amazon.com in a research report on Friday, May 2nd. UBS Group reiterated a “buy” rating on shares of Amazon.com in a research report on Tuesday, May 6th. Truist Financial dropped their target price on Amazon.com from $265.00 to $230.00 and set a “buy” rating on the stock in a research report on Thursday, April 10th. Barclays lowered their price objective on Amazon.com from $265.00 to $240.00 and set an “overweight” rating on the stock in a research report on Friday, May 2nd. Finally, JPMorgan Chase & Co. upped their price objective on Amazon.com from $225.00 to $240.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 4th. Four investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $245.53.

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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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