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Amazon.com, Inc. (NASDAQ:AMZN) Share position reduced by Family Capital Management Inc.


According to the latest Form 13F filed with the Securities and Exchange Commission, Family Capital Management Inc. decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) up 0.3% in the fourth quarter. The fund owned 64,067 shares of the e-commerce giant after selling 164 shares during the period. Amazon.com accounts for 6.9% of shares in Family Capital Management Inc., which makes it the 6th largest company. At the end of the last quarter, the value of shares of Family Capital Management Inc. on Amazon.com was $9,734,000.

Several other institutional investors also recently bought and sold shares of the company. In the third quarter, Vanguard Group Inc. increased its shares in Amazon.com by 4.4%. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock valued at $96,350,832,000 after purchasing an additional 32,038,029 shares in the last quarter. FMR LLC increased its holdings in shares of Amazon.com by 7.7% during the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after purchasing an additional 21,649,871 shares during the period. Northern Trust Corp increased its stake in shares of Amazon.com by 3.7% during the third quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock valued at $11,736,905,000 after purchasing an additional 3,260,411 shares in the last quarter. Jennison Associates LLC increased its position in shares of Amazon.com by 28.4% during the 3rd quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock valued at $6,989,254,000 after acquiring an additional 12,176,114 shares during the period. Finally, in the third quarter, Charles Schwab Investment Management Inc. increased its shares in Amazon.com by 2.8%. Charles Schwab Investment Management Inc. now owns 50,395,031 shares of the e-commerce giant’s stock valued at $6,406,216,000 after acquiring an additional 1,374,052 shares in the last quarter. Currently, 72.20% of the shares are in the hands of institutional investors and hedge funds.

Amazon.com shares fell 0.4%

AMZN stock opened at $188.00 on Thursday. The company has a market capitalization of $1.96 trillion, a price-to-earnings ratio of 52.66, a PEG ratio of 1.35 and a beta of 1.15. The company has a 50-day moving average of $179.60 and a two-hundred-day moving average of $161.63. Amazon.com, Inc. it has a 12 month low of $105.16 and a 12 month high of $189.94. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt to equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported EPS of $0.98 for the quarter, $0.15 above the consensus estimate of $0.83. The company had revenue of $143.31 billion for the quarter, compared to analyst expectations of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s revenue for the quarter was up 12.5% ​​year-over-year. During the same quarter last year, the company earned $0.31 per share. Analysts predict that as a group, Amazon.com, Inc. will see 4.67 earnings per share in the current fiscal year.

Analysts set new price targets

AMZN has been the subject of numerous research reports. Robert W. Baird raised their price target on Amazon.com from $205.00 to $210.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Truist Financial raised their target price on shares of Amazon.com from $216.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Barclays increased their target price on shares of Amazon.com from $220.00 to $230.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. Susquehanna raised their target price on shares of Amazon.com from $185.00 to $220.00 and gave the company a “positive” rating in a research report on Friday, February 2nd. Finally, Royal Bank of Canada increased their price target on Amazon.com from $180.00 to $215.00 and gave the stock an “outperform” rating in a research report on Friday, February 2nd. One analyst rated the stock with a hold rating, forty-four issued a buy rating and one gave a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $211.62.

Read our latest stock analysis on Amazon.com

Amazon.com Confidential Transactions

In related news, Director Keith Brian Alexander sold 1,000 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $186.22, for a total transaction amount of $186,220.00. Following the completion of the sale, the director now directly owns 4,760 shares of the company’s stock valued at $886,407.20. The transaction was disclosed in a document filed with the SEC, which is available on the SEC’s website. In related news, Director Jonathan Rubinstein sold 12,133 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $171.00, for a total value of $2,074,743.00. Following the completion of the transaction, the director now directly owns 115,220 shares of the company’s stock valued at $19,702,620. The sale was disclosed in a document filed with the Securities and Exchange Commission, which is available at this hyperlink. Additionally, Keith Brian Alexander, director, sold 1,000 shares of Amazon.com stock in a transaction on Monday, May 6th. The shares were sold at an average price of $186.22 for a total value of $186,220.00. Following the completion of the sale, the director now owns 4,760 shares of the company’s stock, valued at approximately $886,407.20. The announcement of this sale can be found here. In the last quarter, insiders sold a total of 26,198,961 shares of company stock worth $4,482,430,577. Company insiders own 10.80% of the company’s shares.

About Amazon.com

(free report)

Amazon.com, Inc. retails consumer products, advertising and subscription services through online and physical stores in North America and abroad. The company operates in three segments: North America, International and Amazon Web Services (AWS). It also manufactures and sells electronic devices including Kindle, Fire tablets, Fire TV, Echo, Ring, Blink and eero; and develops and produces media content.

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

Institutional ownership by quarter for Amazon.com (NASDAQ:AMZN)



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