LeJeune Puetz Investment Counsel LLC Has $1.20 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

LeJeune Puetz Investment Counsel LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 53.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 369 shares of the e-commerce giant’s stock after acquiring an additional 129 shares during the period. LeJeune Puetz Investment Counsel LLC’s holdings in Amazon.com were worth $1,202,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Stuart Chaussee & Associates Inc. acquired a new stake in shares of Amazon.com in the 4th quarter valued at about $27,000. Gibson Wealth Advisors LLC bought a new position in Amazon.com in the 4th quarter valued at about $33,000. Leverty Financial Group LLC bought a new position in Amazon.com in the 4th quarter valued at about $36,000. MBM Wealth Consultants LLC lifted its position in Amazon.com by 57.1% in the 4th quarter. MBM Wealth Consultants LLC now owns 11 shares of the e-commerce giant’s stock valued at $37,000 after acquiring an additional 4 shares in the last quarter. Finally, Industrial Alliance Investment Management Inc. bought a new position in Amazon.com in the 4th quarter valued at about $39,000. 72.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In related news, CEO Andrew R. Jassy sold 1,181 shares of the business’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $2,262.00, for a total transaction of $2,671,422.00. Following the transaction, the chief executive officer now owns 92,781 shares in the company, valued at $209,870,622. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Andrew R. Jassy sold 1,181 shares of the business’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $2,262.00, for a total transaction of $2,671,422.00. Following the transaction, the chief executive officer now owns 92,781 shares in the company, valued at $209,870,622. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Brian T. Olsavsky sold 761 shares of the business’s stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total transaction of $1,650,776.42. Following the transaction, the chief financial officer now owns 2,375 shares in the company, valued at approximately $5,151,897.50. The disclosure for this sale can be found here. Insiders have sold 4,803 shares of company stock worth $10,528,337 over the last 90 days. 12.70% of the stock is owned by company insiders.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $140.80 on Friday. The company has a market cap of $1.43 trillion, a price-to-earnings ratio of 126.22, a price-to-earnings-growth ratio of 6.35 and a beta of 1.33. The company has a 50-day moving average price of $117.09 and a 200-day moving average price of $134.48. The company has a current ratio of 0.95, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44. Amazon.com, Inc. has a 12 month low of $101.26 and a 12 month high of $188.11.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Piper Sandler raised their price target on shares of Amazon.com from $170.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, July 29th. DA Davidson dropped their target price on shares of Amazon.com from $195.00 to $156.25 in a research report on Friday, April 29th. Redburn Partners initiated coverage on shares of Amazon.com in a research report on Wednesday, June 29th. They set a “buy” rating and a $270.00 target price on the stock. Oppenheimer dropped their target price on shares of Amazon.com from $175.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, July 25th. Finally, Mizuho dropped their target price on shares of Amazon.com from $197.50 to $155.00 and set a “buy” rating on the stock in a research report on Thursday, July 21st. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and thirty-six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $178.11.

Amazon.com Company 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.

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

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