Cypress Financial Planning LLC Purchases 223 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Cypress Financial Planning LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.3% in the first quarter, Holdings Channel reports. The firm owned 6,952 shares of the e-commerce giant’s stock after acquiring an additional 223 shares during the quarter. Amazon.com accounts for 0.5% of Cypress Financial Planning LLC’s holdings, making the stock its 23rd biggest holding. Cypress Financial Planning LLC’s holdings in Amazon.com were worth $1,323,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AMZN. Tallon Kerry Patrick bought a new stake in Amazon.com during the 4th quarter valued at about $800,000. Capital & Planning LLC boosted its holdings in shares of Amazon.com by 72.1% during the 4th quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant’s stock valued at $856,000 after acquiring an additional 1,635 shares during the last quarter. LaFleur & Godfrey LLC boosted its holdings in shares of Amazon.com by 1.8% during the 4th quarter. LaFleur & Godfrey LLC now owns 49,407 shares of the e-commerce giant’s stock valued at $10,839,000 after acquiring an additional 860 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of Amazon.com by 10.9% during 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 acquiring an additional 397,007 shares during the last quarter. Finally, Compass Wealth Management LLC boosted its holdings in shares of Amazon.com by 1.7% during the 4th quarter. Compass Wealth Management LLC now owns 6,023 shares of the e-commerce giant’s stock valued at $1,321,000 after acquiring an additional 100 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.00. Following the sale, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.26. The trade was a 0.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 completion of the sale, the director now owns 5,465 shares in the company, valued at $1,151,366.20. This represents a 15.47% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 102,037 shares of company stock valued at $20,531,075. 9.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Evercore ISI dropped their price target on shares of Amazon.com from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, May 2nd. Raymond James reaffirmed an “outperform” rating and set a $195.00 price target (down previously from $275.00) on shares of Amazon.com in a report on Monday, April 21st. Tigress Financial raised their price target on shares of Amazon.com from $290.00 to $305.00 and gave the company a “buy” rating in a report on Tuesday, May 6th. BNP Paribas raised shares of Amazon.com to a “hold” rating in a report on Wednesday, April 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Amazon.com from $287.00 to $206.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Four research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $244.89.

Amazon.com Price Performance

AMZN stock opened at $212.10 on Friday. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The company’s fifty day moving average price is $195.47 and its 200-day moving average price is $209.16. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The company has a market capitalization of $2.25 trillion, a PE ratio of 38.35, a price-to-earnings-growth ratio of 1.50 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The firm had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. During the same quarter in the previous year, the firm earned $0.98 earnings per share. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com Company Profile

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.