Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 120.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,673 shares of the e-commerce giant’s stock after buying an additional 2,550 shares during the period. Amazon.com accounts for approximately 0.6% of Thompson Davis & CO. Inc.’s investment portfolio, making the stock its 20th largest holding. Thompson Davis & CO. Inc.’s holdings in Amazon.com were worth $710,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AMZN. Socha Financial Group LLC lifted its holdings in shares of Amazon.com by 3.3% during the 4th quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock valued at $303,000 after buying an additional 63 shares during the last quarter. Lake Hills Wealth Management LLC lifted its holdings in shares of Amazon.com by 0.8% during the 4th quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock valued at $1,213,000 after buying an additional 65 shares during the last quarter. Veery Capital LLC lifted its holdings in shares of Amazon.com by 1.1% during the 4th quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after buying an additional 66 shares during the last quarter. Bellwether Advisors LLC lifted its holdings in shares of Amazon.com by 2.3% during the 4th quarter. Bellwether Advisors LLC now owns 2,936 shares of the e-commerce giant’s stock valued at $446,000 after buying an additional 66 shares during the last quarter. Finally, StrategIQ Financial Group LLC lifted its holdings in shares of Amazon.com by 0.3% during the 4th quarter. StrategIQ Financial Group LLC now owns 23,259 shares of the e-commerce giant’s stock valued at $3,534,000 after buying an additional 66 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Trading Down 0.0 %

NASDAQ:AMZN opened at $183.13 on Thursday. Amazon.com, Inc. has a 1-year low of $113.78 and a 1-year high of $191.70. The business’s 50-day moving average price is $181.87 and its two-hundred day moving average price is $165.67. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $1.91 trillion, a price-to-earnings ratio of 51.30, a PEG ratio of 1.33 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same quarter in the prior year, the firm posted $0.31 earnings per share. The company’s quarterly revenue was up 12.5% on a year-over-year basis. On average, equities analysts expect that Amazon.com, Inc. will post 4.67 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Royal Bank of Canada lifted their price target on Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. JMP Securities restated a “market outperform” rating and issued a $225.00 target price on shares of Amazon.com in a report on Wednesday, May 1st. Bank of America boosted their target price on Amazon.com from $185.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. TD Cowen boosted their target price on Amazon.com from $200.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Finally, BMO Capital Markets upped their price target on Amazon.com from $215.00 to $220.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. One analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $211.62.

Insiders Place Their Bets

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $180.00, for a total value of $90,000.00. Following the completion of the sale, the chief executive officer now directly owns 132,600 shares in the company, valued at $23,868,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $180.00, for a total value of $90,000.00. Following the completion of the sale, the chief executive officer now directly owns 132,600 shares in the company, valued at $23,868,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 50,000 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $180.00, for a total value of $9,000,000.00. Following the transaction, the chief executive officer now owns 1,994,182 shares of the company’s stock, valued at $358,952,760. The disclosure for this sale can be found here. Insiders sold 70,320 shares of company stock worth $12,722,720 over the last ninety days. 10.80% of the stock is currently owned by corporate insiders.

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.