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Lloyd Advisory Services LLC. Buys 701 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Published 13 hours ago5 minute read
(NASDAQ:AMZN) by 40.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,422 shares of the e-commerce giant’s stock after purchasing an additional 701 shares during the period. Lloyd Advisory Services LLC.’s holdings in Amazon.com were worth $461,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC bought a new stake in shares of Amazon.com during the fourth quarter valued at approximately $25,000. Prudent Man Investment Management Inc. purchased a new position in Amazon.com in the fourth quarter worth $27,000. LSV Asset Management bought a new position in Amazon.com during the fourth quarter worth about $35,000. Perritt Capital Management Inc grew its stake in Amazon.com by 72.7% in the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock valued at $42,000 after buying an additional 80 shares in the last quarter. Finally, Quattro Financial Advisors LLC lifted its holdings in Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

AMZN has been the topic of a number of recent analyst reports. Benchmark restated a “buy” rating and issued a $260.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Morgan Stanley cut their price objective on Amazon.com from $280.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. Rosenblatt Securities lifted their price objective on Amazon.com from $287.00 to $288.00 and gave the stock a “buy” rating in a research report on Friday, May 2nd. Truist Financial dropped their price target 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. Finally, Oppenheimer boosted their target price on Amazon.com from $215.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday. Four analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $245.53.

Read Our Latest Stock Analysis on Amazon.com

NASDAQ:AMZN opened at $209.69 on Friday. The firm has a market capitalization of $2.23 trillion, a PE ratio of 34.15, a P/E/G ratio of 1.59 and a beta of 1.33. 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 stock has a 50-day simple moving average of $198.41 and a two-hundred day simple moving average of $209.25. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52.

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

In related news, Director Keith Brian Alexander sold 1,000 shares of the business’s stock in a transaction on Monday, May 12th. The stock was sold at an average price of $210.68, for a total transaction of $210,680.00. Following the transaction, the director now directly owns 5,465 shares in the company, valued at $1,151,366.20. The trade was a 15.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,000,233.60. Following the sale, the chief executive officer now owns 2,148,694 shares in the company, valued at approximately $432,532,102.20. The trade was a 0.92% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 102,037 shares of company stock worth $20,531,075. 9.70% of the stock is currently owned by company insiders.

(Free Report)

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.

Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNFree Report).

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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