Brandywine Oak Private Wealth LLC Purchases 175 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Brandywine Oak Private Wealth LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZNGet Rating) by 9.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,025 shares of the e-commerce giant’s stock after purchasing an additional 175 shares during the quarter. Amazon.com accounts for approximately 0.8% of Brandywine Oak Private Wealth LLC’s investment portfolio, making the stock its 26th largest position. Brandywine Oak Private Wealth LLC’s holdings in Amazon.com were worth $6,602,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AMZN. Stuart Chaussee & Associates Inc. bought a new position in shares of Amazon.com in the fourth quarter worth about $27,000. Gibson Wealth Advisors LLC bought a new position in shares of Amazon.com in the fourth quarter worth about $33,000. Leverty Financial Group LLC bought a new position in shares of Amazon.com in the fourth quarter worth about $36,000. MBM Wealth Consultants LLC lifted its holdings in shares of Amazon.com by 57.1% in the fourth quarter. MBM Wealth Consultants LLC now owns 11 shares of the e-commerce giant’s stock worth $37,000 after acquiring an additional 4 shares during the last quarter. Finally, William Allan LLC bought a new position in Amazon.com in the 4th quarter valued at approximately $47,000. Institutional investors own 72.51% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 1,181 shares of Amazon.com stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $2,262.00, for a total transaction of $2,671,422.00. Following the completion of the transaction, the chief executive officer now owns 92,781 shares of the company’s stock, valued at approximately $209,870,622. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Amazon.com news, CEO Andrew R. Jassy sold 1,181 shares of Amazon.com stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $2,262.00, for a total transaction of $2,671,422.00. Following the completion of the transaction, the chief executive officer now owns 92,781 shares of the company’s stock, valued at approximately $209,870,622. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Shelley Reynolds sold 173 shares of Amazon.com stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total value of $375,275.06. Following the transaction, the vice president now directly owns 5,989 shares of the company’s stock, valued at approximately $12,991,458.58. The disclosure for this sale can be found here. Insiders sold 4,803 shares of company stock valued at $10,528,337 in the last quarter. 12.70% of the stock is currently owned by corporate insiders.

Amazon.com Trading Down 1.2 %

Shares of Amazon.com stock opened at $140.80 on Friday. Amazon.com, Inc. has a 52-week low of $101.26 and a 52-week high of $188.11. The stock’s 50-day simple moving average is $117.09 and its 200 day simple moving average is $134.48. The stock has a market capitalization of $1.43 trillion, a P/E ratio of 126.22, a P/E/G ratio of 6.35 and a beta of 1.33. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.95.

Amazon.com (NASDAQ:AMZNGet Rating) last posted its earnings results on Thursday, July 28th. The e-commerce giant reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). The company had revenue of $121.23 billion for the quarter, compared to analysts’ expectations of $119.16 billion. Amazon.com had a net margin of 2.39% and a return on equity of 15.79%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.76 EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 0.97 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AMZN. Mizuho dropped their price objective on shares of Amazon.com from $197.50 to $155.00 and set a “buy” rating for the company in a report on Thursday, July 21st. They noted that the move was a valuation call. Benchmark dropped their price objective on shares of Amazon.com from $200.00 to $185.00 in a report on Friday, April 29th. Cowen dropped their price objective on shares of Amazon.com from $215.00 to $210.00 and set an “outperform” rating for the company in a report on Thursday, July 14th. Morgan Stanley dropped their price objective on shares of Amazon.com from $210.00 to $190.00 in a report on Friday, April 29th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Amazon.com from $174.00 to $155.00 in a research report on Thursday, July 21st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and thirty-six have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $178.11.

Amazon.com Profile

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Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

See Also

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

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