Buck Wealth Strategies LLC Has $15.76 Million Stake in Amazon.com, Inc. $AMZN

Buck Wealth Strategies LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 71,765 shares of the e-commerce giant’s stock after acquiring an additional 2,497 shares during the quarter. Amazon.com comprises 2.2% of Buck Wealth Strategies LLC’s investment portfolio, making the stock its 11th largest position. Buck Wealth Strategies LLC’s holdings in Amazon.com were worth $15,757,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in AMZN. Wilkinson Global Asset Management LLC raised its stake in shares of Amazon.com by 0.7% in the 3rd quarter. Wilkinson Global Asset Management LLC now owns 248,746 shares of the e-commerce giant’s stock valued at $54,617,000 after purchasing an additional 1,848 shares during the period. Money Concepts Capital Corp grew its holdings in shares of Amazon.com by 21.6% during the third quarter. Money Concepts Capital Corp now owns 44,951 shares of the e-commerce giant’s stock worth $9,870,000 after buying an additional 7,973 shares in the last quarter. Atlantic Union Bankshares Corp raised its position in Amazon.com by 11.5% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 444,121 shares of the e-commerce giant’s stock valued at $97,516,000 after buying an additional 45,965 shares during the last quarter. Guerra Advisors Inc lifted its stake in Amazon.com by 44.2% in the 3rd quarter. Guerra Advisors Inc now owns 21,582 shares of the e-commerce giant’s stock valued at $4,739,000 after acquiring an additional 6,614 shares in the last quarter. Finally, Ogorek Anthony Joseph NY ADV boosted its position in Amazon.com by 0.8% during the 3rd quarter. Ogorek Anthony Joseph NY ADV now owns 10,388 shares of the e-commerce giant’s stock worth $2,281,000 after acquiring an additional 85 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com News Roundup

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

Amazon.com Price Performance

NASDAQ:AMZN opened at $205.27 on Tuesday. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The firm has a market capitalization of $2.20 trillion, a price-to-earnings ratio of 28.63, a P/E/G ratio of 1.34 and a beta of 1.37. The stock’s 50 day moving average price is $227.87 and its two-hundred day moving average price is $228.15. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business had revenue of $213.39 billion for the quarter, compared to analyst estimates of $211.02 billion. During the same period in the previous year, the firm posted $1.86 earnings per share. The firm’s revenue was up 13.6% compared to the same quarter last year. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

AMZN has been the topic of a number of recent research reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of Amazon.com in a report on Friday, February 6th. TD Cowen reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, February 6th. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research note on Monday, February 2nd. Wells Fargo & Company set a $304.00 price objective on Amazon.com and gave the company an “overweight” rating in a report on Monday. Finally, Stifel Nicolaus set a $300.00 target price on Amazon.com and gave the stock a “buy” rating in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $287.29.

Read Our Latest Report on Amazon.com

Insider Activity at Amazon.com

In other news, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $198.37, for a total value of $949,002.08. Following the transaction, the chief executive officer directly owned 512,109 shares of the company’s stock, valued at $101,587,062.33. This represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 8,284 shares of company stock valued at $1,740,052 in the last 90 days. 10.80% of the stock is owned by insiders.

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.

Recommended Stories

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNFree Report).

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

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.