A number of other large investors have also added to or reduced their stakes in AMZN. Everhart Financial Group Inc. increased its stake in shares of Amazon.com by 7.2% in the first quarter. Everhart Financial Group Inc. now owns 56,870 shares of the e-commerce giant’s stock worth $10,820,000 after purchasing an additional 3,813 shares in the last quarter. Puff Wealth Management LLC increased its stake in shares of Amazon.com by 1.7% in the first quarter. Puff Wealth Management LLC now owns 10,711 shares of the e-commerce giant’s stock worth $2,038,000 after purchasing an additional 174 shares in the last quarter. Hilltop Wealth Advisors LLC increased its stake in shares of Amazon.com by 63.7% in the first quarter. Hilltop Wealth Advisors LLC now owns 2,427 shares of the e-commerce giant’s stock worth $462,000 after purchasing an additional 944 shares in the last quarter. Lynch Asset Management Inc. increased its stake in shares of Amazon.com by 0.6% in the first quarter. Lynch Asset Management Inc. now owns 42,150 shares of the e-commerce giant’s stock worth $8,019,000 after purchasing an additional 250 shares in the last quarter. Finally, Smithbridge Asset Management Inc. DE purchased a new position in shares of Amazon.com in the first quarter worth about $15,251,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

NASDAQ:AMZN opened at $223.30 on Friday. The company has a fifty day moving average of $202.26 and a 200 day moving average of $208.86. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $2.37 trillion, a P/E ratio of 36.37, a P/E/G ratio of 1.68 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted 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 net margin of 10.14% and a return on equity of 24.14%. 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 business posted $0.98 EPS. The firm’s revenue was up 8.6% compared to the same quarter last year. On average, research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

In related news, VP Shelley Reynolds sold 2,695 shares of the company’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $200.79, for a total transaction of $541,129.05. Following the completion of the sale, the vice president now directly owns 119,780 shares in the company, valued at $24,050,626.20. This represents a 2.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Keith Brian Alexander sold 1,000 shares of the company’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $210.68, for a total transaction of $210,680.00. Following the sale, the director now owns 5,465 shares of the company’s stock, valued at $1,151,366.20. This represents a 15.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,037 shares of company stock worth $20,531,075 in the last three months. 9.70% of the stock is owned by insiders.

Several equities analysts have recently weighed in on the stock. Telsey Advisory Group reiterated an “outperform” rating and issued a $235.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Mizuho reduced their target price on shares of Amazon.com from $285.00 to $255.00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th. UBS Group reiterated a “buy” rating on shares of Amazon.com in a research note on Tuesday, May 6th. Moffett Nathanson lifted their target price on shares of Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a research note on Tuesday, June 24th. Finally, BNP Paribas Exane upgraded shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective for the company in a research report on Friday. Three investment analysts have rated the stock with a hold rating, forty-five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $245.81.

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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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