Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Camelot Portfolios LLC

Camelot Portfolios LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 18.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,869 shares of the e-commerce giant’s stock after buying an additional 1,870 shares during the quarter. Amazon.com comprises approximately 1.1% of Camelot Portfolios LLC’s holdings, making the stock its 20th largest position. Camelot Portfolios LLC’s holdings in Amazon.com were worth $1,803,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of AMZN. Mayflower Financial Advisors LLC lifted its holdings in shares of Amazon.com by 0.3% during the third quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 572 shares during the last quarter. PayPay Securities Corp lifted its holdings in shares of Amazon.com by 54.3% during 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 during the last quarter. Laurel Wealth Planning LLC lifted its holdings in shares of Amazon.com by 1,900.0% during the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 304 shares during the last quarter. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of Amazon.com during the fourth quarter valued at $37,000. Finally, Swaine & Leidel Wealth Services LLC purchased a new stake in shares of Amazon.com during the first quarter valued at $38,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total transaction of $92,000.00. Following the completion of the transaction, the chief executive officer now owns 131,600 shares in the company, valued at approximately $24,214,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Douglas J. Herrington sold 20,200 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $169.99, for a total transaction of $3,433,798.00. Following the completion of the sale, the chief executive officer now directly owns 514,131 shares of the company’s stock, valued at approximately $87,397,128.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares of the company’s stock, valued at $24,214,400. The disclosure for this sale can be found here. Insiders sold 32,213,510 shares of company stock worth $5,505,798,456 in the last 90 days. 12.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several research analyst reports. Susquehanna increased their price objective on Amazon.com from $185.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, February 2nd. Morgan Stanley increased their price objective on Amazon.com from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Moffett Nathanson reissued a “buy” rating and issued a $228.00 price objective on shares of Amazon.com in a research note on Thursday, April 11th. Royal Bank of Canada increased their price objective on Amazon.com from $180.00 to $215.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Finally, Oppenheimer upped their target price on Amazon.com from $200.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Amazon.com currently has an average rating of “Buy” and an average target price of $202.80.

Amazon.com Price Performance

Amazon.com stock opened at $179.22 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The company has a market capitalization of $1.86 trillion, a PE ratio of 61.80, a price-to-earnings-growth ratio of 1.60 and a beta of 1.16. Amazon.com, Inc. has a one year low of $101.15 and a one year high of $189.77. The business has a 50 day simple moving average of $177.28 and a 200 day simple moving average of $156.52.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping the consensus estimate of $0.81 by $0.19. The business had revenue of $169.96 billion during the quarter, compared to the consensus estimate of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. Amazon.com’s revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the company earned $0.21 EPS. On average, sell-side analysts forecast that Amazon.com, Inc. will post 4.08 EPS for the current fiscal year.

About Amazon.com

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.