Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Van Leeuwen & Company LLC

Van Leeuwen & Company LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 35.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 984 shares of the e-commerce giant’s stock after purchasing an additional 256 shares during the quarter. Amazon.com accounts for about 2.0% of Van Leeuwen & Company LLC’s holdings, making the stock its 16th largest holding. Van Leeuwen & Company LLC’s holdings in Amazon.com were worth $3,378,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. C WorldWide Group Holding A S raised its holdings in Amazon.com by 0.9% in the 1st quarter. C WorldWide Group Holding A S now owns 240,736 shares of the e-commerce giant’s stock worth $744,856,000 after purchasing an additional 2,193 shares during the period. Wills Financial Group Inc. raised its holdings in shares of Amazon.com by 5.5% during the first quarter. Wills Financial Group Inc. now owns 2,092 shares of the e-commerce giant’s stock valued at $6,472,000 after acquiring an additional 110 shares during the last quarter. High Note Wealth LLC raised its holdings in shares of Amazon.com by 3.8% during the first quarter. High Note Wealth LLC now owns 2,568 shares of the e-commerce giant’s stock valued at $7,945,000 after acquiring an additional 95 shares during the last quarter. Mawer Investment Management Ltd. raised its holdings in shares of Amazon.com by 21.9% during the first quarter. Mawer Investment Management Ltd. now owns 182,908 shares of the e-commerce giant’s stock valued at $565,932,000 after acquiring an additional 32,843 shares during the last quarter. Finally, Gruss & Co. LLC raised its holdings in shares of Amazon.com by 520.0% during the second quarter. Gruss & Co. LLC now owns 465 shares of the e-commerce giant’s stock valued at $1,600,000 after acquiring an additional 390 shares during the last quarter. 57.67% of the stock is owned by institutional investors.

AMZN has been the subject of a number of research analyst reports. Susquehanna Bancshares reduced their target price on Amazon.com from $5,500.00 to $5,000.00 and set a “positive” rating for the company in a report on Friday, July 30th. Mizuho reduced their target price on Amazon.com from $4,400.00 to $4,100.00 and set a “buy” rating for the company in a report on Friday, July 30th. Susquehanna reduced their target price on Amazon.com from $5,500.00 to $5,000.00 and set a “positive” rating for the company in a report on Friday, July 30th. Truist dropped their price target on Amazon.com from $4,000.00 to $3,800.00 and set a “buy” rating for the company in a research report on Friday, July 30th. Finally, Bank of America dropped their price target on Amazon.com from $4,350.00 to $4,250.00 and set a “buy” rating for the company in a research report on Friday, July 30th. One analyst has rated the stock with a hold rating and forty have given a buy rating to the company. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus price target of $4,151.30.

In other Amazon.com news, SVP David Zapolsky sold 954 shares of the firm’s stock in a transaction dated Monday, August 16th. The stock was sold at an average price of $3,283.00, for a total transaction of $3,131,982.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 222 shares of the firm’s stock in a transaction dated Monday, August 16th. The stock was sold at an average price of $3,283.00, for a total value of $728,826.00. Following the transaction, the vice president now directly owns 6,211 shares in the company, valued at approximately $20,390,713. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,463 shares of company stock worth $14,784,642. 14.00% of the stock is owned by insiders.

Shares of NASDAQ AMZN opened at $3,450.00 on Wednesday. The stock has a market cap of $1.75 trillion, a P/E ratio of 60.14, a PEG ratio of 2.41 and a beta of 1.14. The company has a current ratio of 1.20, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44. Amazon.com, Inc. has a 12-month low of $2,871.00 and a 12-month high of $3,773.08. The business’s fifty day simple moving average is $3,459.88 and its 200-day simple moving average is $3,334.44.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Wednesday, July 28th. The e-commerce giant reported $15.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of $12.22 by $2.90. Amazon.com had a return on equity of 29.86% and a net margin of 6.64%. The company had revenue of $113.08 billion for the quarter, compared to analysts’ expectations of $115.08 billion. On average, equities analysts forecast that Amazon.com, Inc. will post 52.18 EPS for the current fiscal year.

Amazon.com Company Profile

Amazon.com, Inc engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca.

Further Reading: Average Daily Trade Volume Explained

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

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