Abbrea Capital LLC Increases Position in Amazon.com, Inc. (NASDAQ:AMZN) – Journal Global Web

Abbrea Capital LLC grew its wager in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the prototypal quarter, according to its most past filing with the Securities and Exchange Commission. The institutionalised investor owned 111,077 shares of the e-commerce giant’s hit after purchase an added 1,269 shares during the period. Amazon.com makes up 2.6% of Abbrea Capital LLC’s assets portfolio, making the hit its 8th maximal holding. Abbrea Capital LLC’s holdings in Amazon.com were worth $20,036,000 as of its most past filing with the Securities and Exchange Commission.

Several another inclose assets hit also bought and oversubscribed shares of AMZN. Ridgecrest Wealth Partners LLC upraised its wager in Amazon.com by 0.7% during the 1st quarter. Ridgecrest Wealth Partners LLC today owns 7,755 shares of the e-commerce giant’s hit worth $1,399,000 after feat an added 56 shares in the terminal quarter. Stordahl Capital Management Inc. upraised its function in Amazon.com by 2.1% in the 1st quarter. Stordahl Capital Management Inc. today owns 2,763 shares of the e-commerce giant’s hit valued at $498,000 after purchase an added 56 shares in the terminal quarter. Lutz Financial Services LLC upraised its function in Amazon.com by 1.9% in the 1st quarter. Lutz Financial Services LLC today owns 3,053 shares of the e-commerce giant’s hit valued at $551,000 after purchase an added 57 shares in the terminal quarter. Echo45 Advisors LLC upraised its function in Amazon.com by 0.9% in the 1st quarter. Echo45 Advisors LLC today owns 6,619 shares of the e-commerce giant’s hit valued at $1,194,000 after purchase an added 59 shares in the terminal quarter. Finally, ShoreHaven Wealth Partners LLC upraised its function in Amazon.com by 1.9% in the 4th quarter. ShoreHaven Wealth Partners LLC today owns 3,234 shares of the e-commerce giant’s hit valued at $491,000 after purchase an added 60 shares in the terminal quarter. Institutional investors possess 72.20% of the company’s stock.

Amazon.com Stock Up 1.5 %

AMZN stock unsealed at $182.50 on Monday. The consort has a banknote period agitated cipher of $187.27 and a 200-day agitated cipher of $178.97. The consort has a debt-to-equity ratio of 0.27, a hurried ratio of 0.87 and a underway ratio of 1.07. The hit has a mart estimation of $1.90 trillion, a PE ratio of 51.12, a price-to-earnings-growth ratio of 1.30 and a beta of 1.15. Amazon.com, Inc. has a digit assemblage baritone of $118.35 and a digit assemblage broad of $201.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) terminal declared its quarterly earnings results on Tuesday, Apr 30th. The e-commerce colossus reportable $0.98 earnings per deal (EPS) for the quarter, fighting analysts’ consensus estimates of $0.83 by $0.15. The playing had income of $143.31 1000000000 during the quarter, compared to the consensus judge of $142.65 billion. Amazon.com had a gain edge of 6.38% and a convey on justness of 19.86%. The business’s income was up 12.5% compared to the aforementioned lodge terminal year. During the aforementioned lodge terminal year, the concern posted $0.31 EPS. As a group, analysts wait that Amazon.com, Inc. module place 4.73 EPS for the underway year.

Insider Activity

In another news, CEO Douglas J. Herrington oversubscribed 3,500 shares of the hit in a dealings dated Wednesday, May 1st. The shares were oversubscribed at an cipher toll of $180.29, for a amount continuance of $631,015.00. Following the termination of the transaction, the honcho honcho tar today owns 509,358 shares in the company, valued at roughly $91,832,153.82. The understanding was unconcealed in a jural filing with the Securities & Exchange Commission, which is reachable finished the SEC website. In another news, CEO politico J. Herrington oversubscribed 3,500 shares of the hit in a dealings dated Wednesday, May 1st. The shares were oversubscribed at an cipher toll of $180.29, for a amount continuance of $631,015.00. Following the termination of the transaction, the honcho honcho tar today owns 509,358 shares in the company, valued at roughly $91,832,153.82. The understanding was unconcealed in a jural filing with the Securities & Exchange Commission, which is reachable finished the SEC website. Also, VP Shelley Reynolds oversubscribed 2,700 shares of the firm’s hit in a dealings dated Tuesday, May 21st. The shares were oversubscribed at an cipher toll of $181.39, for a amount dealings of $489,753.00. Following the transaction, the evilness chair today owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The revealing for this understanding crapper be institute here. Insiders oversubscribed 6,112,990 shares of consort hit worth $1,222,250,048 in the terminal 90 days. 10.80% of the hit is currently owned by joint insiders.

Analysts Set New Price Targets

AMZN has been the matter of a sort of shrink reports. Truist Financial accumulated their toll direct on Amazon.com from $220.00 to $230.00 and gave the consort a “buy” judgement in a investigate inform on Monday, July 22nd. JPMorgan Chase & Co. accumulated their toll direct on Amazon.com from $225.00 to $240.00 and gave the consort an “overweight” judgement in a investigate inform on Wednesday, May 1st. Barclays low their toll direct on Amazon.com from $230.00 to $220.00 and ordered an “overweight” judgement on the hit in a investigate inform on Tuesday, July 16th. DA Davidson reissued a “buy” judgement and ordered a $235.00 direct toll on shares of Amazon.com in a investigate inform on Thursday, Apr 18th. Finally, author Research began programme on Amazon.com in a investigate inform on Tuesday, July 16th. They ordered an “outperform” judgement and a $250.00 direct toll on the stock. One assets shrink has rated the hit with a stop rating, forty-two hit issued a acquire judgement and digit has appointed a brawny acquire judgement to the stock. Based on accumulation from MarketBeat, the hit currently has an cipher judgement of “Buy” and an cipher direct toll of $220.04.

Read Our Latest Stock Analysis on AMZN

About Amazon.com

(Free Report)

Amazon.com, Inc engages in the retail understanding of consumer products, advertising, and subscriptions assist finished online and fleshly stores in North USA and internationally. The consort operates finished threesome 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.

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