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Moser Wealth Advisors LLC Has $13.54 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Published 1 day ago5 minute read
(NASDAQ:AMZN) by 0.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 71,140 shares of the e-commerce giant’s stock after acquiring an additional 513 shares during the quarter. Amazon.com accounts for 7.1% of Moser Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest position. Moser Wealth Advisors LLC’s holdings in Amazon.com were worth $13,535,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of AMZN. Tallon Kerry Patrick bought a new stake in Amazon.com during the fourth quarter worth $800,000. Capital & Planning LLC grew its stake in Amazon.com by 72.1% in the 4th quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant’s stock valued at $856,000 after purchasing an additional 1,635 shares during the period. LaFleur & Godfrey LLC grew its stake in Amazon.com by 1.8% in the 4th quarter. LaFleur & Godfrey LLC now owns 49,407 shares of the e-commerce giant’s stock valued at $10,839,000 after purchasing an additional 860 shares during the period. Brighton Jones LLC grew its stake in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after purchasing an additional 397,007 shares during the period. Finally, Union Bancaire Privee UBP SA bought a new position in Amazon.com in the 4th quarter valued at $301,650,000. Institutional investors own 72.20% of the company’s stock.

AMZN opened at $225.02 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The stock has a market capitalization of $2.39 trillion, a PE ratio of 36.65, a price-to-earnings-growth ratio of 1.69 and a beta of 1.33. The stock’s 50 day moving average price is $209.90 and its 200-day moving average price is $208.49.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.21. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The firm had revenue of $155.67 billion for the quarter, compared to analysts’ expectations of $154.96 billion. During the same period in the previous year, the firm earned $0.98 earnings per share. The business’s revenue was up 8.6% compared to the same quarter last year. On average, equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

In related news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $202.41, for a total transaction of $2,746,703.70. Following the sale, the senior vice president directly owned 47,030 shares in the company, valued at $9,519,342.30. The trade was a 22.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Matthew S. Garman sold 20,923 shares of Amazon.com stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,211,799.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,886,613 shares of company stock valued at $1,531,840,610. 9.70% of the stock is owned by insiders.

A number of brokerages have issued reports on AMZN. Jefferies Financial Group reduced their price objective on Amazon.com from $250.00 to $240.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Moffett Nathanson upped their price objective on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research note on Tuesday, June 24th. Morgan Stanley upped their price objective on Amazon.com from $250.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday. UBS Group restated a “buy” rating on shares of Amazon.com in a research note on Tuesday, May 6th. Finally, JMP Securities increased their price target on Amazon.com from $250.00 to $285.00 and gave the stock a “market outperform” rating in a research note on Thursday. Three research analysts have rated the stock with a hold rating, forty-five have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $249.42.

Check Out Our Latest Stock Analysis on AMZN

(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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