Tillman Hartley LLC Takes Position in Amazon.com, Inc. (NASDAQ:AMZN)

Tillman Hartley LLC acquired a new position in Amazon.com, Inc. (NASDAQ:AMZNGet Rating) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 7,150 shares of the e-commerce giant’s stock, valued at approximately $601,000.

Other large investors also recently modified their holdings of the company. USAdvisors Wealth Management LLC raised its holdings in Amazon.com by 12.5% in the fourth quarter. USAdvisors Wealth Management LLC now owns 3,242 shares of the e-commerce giant’s stock valued at $272,000 after acquiring an additional 359 shares in the last quarter. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Amazon.com during the 4th quarter valued at approximately $426,000. Dohj LLC increased its stake in Amazon.com by 1.8% during the third quarter. Dohj LLC now owns 24,839 shares of the e-commerce giant’s stock valued at $2,807,000 after purchasing an additional 451 shares during the last quarter. Veritas Asset Management LLP boosted its holdings in shares of Amazon.com by 19.6% in the 4th quarter. Veritas Asset Management LLP now owns 7,868,621 shares of the e-commerce giant’s stock valued at $660,964,000 after buying an additional 1,286,797 shares during the period. Finally, Obermeyer Wood Investment Counsel Lllp lifted its holdings in Amazon.com by 1.2% in the third quarter. Obermeyer Wood Investment Counsel Lllp now owns 313,317 shares of the e-commerce giant’s stock worth $35,405,000 after acquiring an additional 3,840 shares during the last quarter. 57.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other news, CEO Adam Selipsky sold 2,299 shares of the firm’s stock in a transaction on Tuesday, March 21st. The stock was sold at an average price of $100.34, for a total value of $230,681.66. Following the transaction, the chief executive officer now directly owns 138,320 shares in the company, valued at approximately $13,879,028.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction on Monday, April 3rd. The shares were sold at an average price of $102.25, for a total transaction of $409,000.00. Following the transaction, the chief executive officer now directly owns 556,298 shares of the company’s stock, valued at $56,881,470.50. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Adam Selipsky sold 2,299 shares of the company’s stock in a transaction on Tuesday, March 21st. The shares were sold at an average price of $100.34, for a total transaction of $230,681.66. Following the completion of the sale, the chief executive officer now owns 138,320 shares of the company’s stock, valued at approximately $13,879,028.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 75,644 shares of company stock worth $8,576,262. Insiders own 12.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AMZN shares. Moffett Nathanson reduced their price target on shares of Amazon.com from $119.00 to $116.00 and set an “outperform” rating for the company in a report on Monday, April 24th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Amazon.com from $130.00 to $125.00 and set a “buy” rating for the company in a research note on Tuesday, April 18th. Telsey Advisory Group reissued an “outperform” rating and issued a $125.00 price objective on shares of Amazon.com in a research note on Thursday, April 20th. Piper Jaffray Companies boosted their target price on shares of Amazon.com from $130.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, June 7th. Finally, Wedbush upped their target price on Amazon.com from $125.00 to $129.00 in a report on Friday, April 28th. Three research analysts have rated the stock with a hold rating and forty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.28.

Amazon.com Price Performance

Shares of AMZN stock opened at $125.49 on Friday. The firm has a market cap of $1.29 trillion, a price-to-earnings ratio of 298.79, a PEG ratio of 2.46 and a beta of 1.26. Amazon.com, Inc. has a 12 month low of $81.43 and a 12 month high of $146.57. The company has a quick ratio of 0.69, a current ratio of 0.92 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average price of $112.74 and a 200 day moving average price of $100.96.

Amazon.com (NASDAQ:AMZNGet Rating) last issued its quarterly earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 EPS for the quarter, topping the consensus estimate of $0.22 by $0.09. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The company had revenue of $127.36 billion during the quarter, compared to analysts’ expectations of $124.57 billion. During the same quarter in the previous year, the company earned $0.21 EPS. Amazon.com’s revenue was up 9.4% on a year-over-year basis. Research analysts expect that Amazon.com, Inc. will post 1.56 EPS for the current year.

Amazon.com Profile

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.

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

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