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Wheelhouse Advisory Group LLC makes a new $478,000 investment in Amazon.com, Inc. (NASDAQ:AMZN)


Wheelhouse Advisory Group LLC acquired a new position in shares of Amazon.com, Inc. during the fourth quarter, according to its latest filing with the Securities and Exchange Commission (SEC). (NASDAQ:AMZN). The fund purchased 3,147 shares of the e-commerce giant worth approximately PLN 478,000. dollars. Amazon.com owns about 0.4% of Wheelhouse Advisory Group LLC, making it the stock’s 25th-largest holding.

Several other hedge funds also recently adjusted their holdings in AMZN. Lake Hills Wealth Management LLC increased its holdings in Amazon.com by 0.8% in the fourth quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock valued at $1,213,000 after purchasing an additional 65 shares in the last quarter. Veery Capital LLC increased its holdings in Amazon.com by 1.1% in the 4th quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after purchasing an additional 66 shares in the last quarter. Bellwether Advisors LLC increased its holdings in Amazon.com by 2.3% during the fourth quarter. Bellwether Advisors LLC now owns 2,936 shares of the e-commerce giant’s stock valued at $446,000 after purchasing an additional 66 shares in the last quarter. StrategIQ Financial Group LLC increased its holdings in Amazon.com by 0.3% in the fourth quarter. StrategIQ Financial Group LLC now owns 23,259 shares of the e-commerce giant’s stock valued at $3,534,000 after purchasing an additional 66 shares in the last quarter. Finally, Marion Wealth Management increased its holdings in Amazon.com by 1.6% in the fourth quarter. Marion Wealth Management now owns 4,321 shares of the e-commerce giant’s stock valued at $657,000 after purchasing an additional 67 shares in the last quarter. 72.20% of the shares are in the hands of institutional investors.

Amazon.com stock performance

NASDAQ:AMZN opened at $189.50 on Friday. The company has a debt to equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. The stock’s fifty-day moving average is $179.90 and its 200-day moving average is $161.81. The company has a market capitalization of $1.97 trillion, a PE ratio of 53.08, a PEG ratio of 1.35 and a beta of 1.15. Amazon.com, Inc. it has a fifty-two week low of $108.05 and a fifty-two week high of $191.70.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, which topped the consensus estimate of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same quarter last year, the company earned $0.31 EPS. The company’s revenues increased by 12.5% ​​year over year. Sell-side analysts predict that Amazon.com, Inc. for the current year, it will report an average of 4.67 earnings per share.

Amazon.com Confidential Transactions

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, March 21. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the transaction, the CEO now owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a filing with the Securities and Exchange Commission, which can be accessed through this hyperlink. In other Amazon.com news, CEO Keith Brian Alexander 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 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 approximately $886,407.20. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website. President Adam Selipsky also sold 500 shares of the company in a transaction on Thursday, March 21. The shares were sold at an average price of $180.00, for a total transaction amount of $90,000.00. Following the completion of the sale, the CEO now directly owns 132,600 shares of the company’s stock valued at $23,868,000. The announcement of this sale can be found here. Over the last three months, insiders sold 20,187,979 shares of company stock worth $3,440,575,337. Currently, company insiders own 10.80% of the shares.

Wall Street analysts predict growth

Several equity research analysts have recently commented on AMZN stock. BMO Capital Markets increased their price target on Amazon.com from $215.00 to $220.00 and gave the stock an “outperform” rating in a report on Wednesday, May 1st. Wolfe Research increased their price target on Amazon.com from $195.00 to $205.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Canaccord Genuity Group increased their price target on Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Wedbush maintained an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a research note on Wednesday, May 1st. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $220.00 price target on shares of Amazon.com in a research note released on Wednesday, May 1st. One equity research analyst rated the company’s shares with a hold recommendation, forty-four issued a buy recommendation, and one issued a strong buy recommendation. Amazon.com has an average rating of “Buy” and an average price target of $211.62, according to MarketBeat data.

Read our latest research report on Amazon.com

Amazon.com company profile

(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.

Further reading

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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