Roman Butler Fullerton & Co. grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,376 shares of the e-commerce giant’s stock after acquiring an additional 1,116 shares during the quarter. Amazon.com comprises 3.1% of Roman Butler Fullerton & Co.’s investment portfolio, making the stock its 5th largest position. Roman Butler Fullerton & Co.’s holdings in Amazon.com were worth $6,683,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. State Street Corp raised its holdings in shares of Amazon.com by 1,869.1% during the 2nd quarter. State Street Corp now owns 326,727,487 shares of the e-commerce giant’s stock valued at $34,701,726,000 after buying an additional 310,134,486 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Amazon.com by 1,838.8% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock valued at $33,134,481,000 after buying an additional 295,880,050 shares in the last quarter. FMR LLC raised its holdings in shares of Amazon.com by 1,792.4% during the 2nd quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock valued at $30,381,089,000 after buying an additional 270,931,640 shares in the last quarter. Moneta Group Investment Advisors LLC raised its holdings in shares of Amazon.com by 120,235.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 116,480,298 shares of the e-commerce giant’s stock valued at $9,784,345,000 after buying an additional 116,383,502 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Amazon.com during the 4th quarter valued at about $8,263,591,000. Institutional investors own 57.96% of the company’s stock.
Amazon.com Trading Down 2.5 %
Amazon.com stock opened at $125.17 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.70. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $145.86. The stock has a market capitalization of $1.29 trillion, a PE ratio of 98.56, a price-to-earnings-growth ratio of 1.95 and a beta of 1.24. The business’s fifty day moving average is $133.41 and its 200 day moving average is $124.78.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, SVP David Zapolsky sold 42,816 shares of the stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $145.13, for a total value of $6,213,886.08. Following the transaction, the senior vice president now owns 64,380 shares of the company’s stock, valued at $9,343,469.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $133.87, for a total value of $414,997.00. Following the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at $16,034,948.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 42,816 shares of the firm’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $145.13, for a total value of $6,213,886.08. Following the completion of the transaction, the senior vice president now directly owns 64,380 shares in the company, valued at approximately $9,343,469.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,408,645 shares of company stock valued at $55,207,763. 12.30% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on AMZN shares. JMP Securities reissued a “market outperform” rating and set a $175.00 price objective on shares of Amazon.com in a report on Monday, October 16th. StockNews.com raised Amazon.com from a “hold” rating to a “buy” rating in a research note on Friday, October 13th. Wedbush reaffirmed an “outperform” rating and issued a $180.00 price target on shares of Amazon.com in a research note on Wednesday. Robert W. Baird lifted their price target on Amazon.com from $150.00 to $155.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Finally, Piper Sandler lifted their price target on Amazon.com from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, August 24th. Two research analysts have rated the stock with a hold rating and forty-nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and a consensus target price of $165.21.
View Our Latest Stock Report on AMZN
About Amazon.com
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.
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