4,655 Shares in Amazon.com, Inc. $AMZN Bought by Osprey Private Wealth LLC

Osprey Private Wealth LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,655 shares of the e-commerce giant’s stock, valued at approximately $1,022,000.

Several other institutional investors have also recently bought and sold shares of the business. Carderock Capital Management Inc. acquired a new position in Amazon.com during the 2nd quarter worth approximately $27,000. Maryland Capital Advisors Inc. grew its stake in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the last quarter. Ryan Investment Management Inc. acquired a new position in shares of Amazon.com during the second quarter worth $48,000. Cooksen Wealth LLC increased its holdings in shares of Amazon.com by 23.5% during the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after buying an additional 47 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Amazon.com in the 1st quarter valued at $59,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 17,768 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $216.90, for a total value of $3,853,879.20. Following the transaction, the chief executive officer directly owned 6,273 shares of the company’s stock, valued at approximately $1,360,613.70. The trade was a 73.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the transaction, the director owned 80,030 shares in the company, valued at $20,009,900.90. The trade was a 9.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 82,234 shares of company stock worth $19,076,767. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Trading Up 0.3%

NASDAQ:AMZN opened at $227.35 on Monday. The firm’s fifty day moving average is $229.52 and its 200-day moving average is $225.65. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 1.01. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The firm has a market cap of $2.43 trillion, a P/E ratio of 32.11, a P/E/G ratio of 1.56 and a beta of 1.37.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The business had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. Amazon.com’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.43 earnings per share. Equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AMZN shares. China Renaissance boosted their price objective on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. JMP Securities set a $300.00 price target on Amazon.com in a report on Friday, October 31st. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a research note on Tuesday, November 25th. DA Davidson lifted their target price on shares of Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $300.00 price target on shares of Amazon.com in a research report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $295.50.

View Our Latest Stock Report on AMZN

Key Amazon.com News

Here are the key news stories impacting Amazon.com this week:

About Amazon.com

(Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

See Also

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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