Amazon.com, Inc. $AMZN Shares Purchased by Rowlandmiller & PARTNERS.ADV

Rowlandmiller & PARTNERS.ADV grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 21.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,907 shares of the e-commerce giant’s stock after buying an additional 2,280 shares during the quarter. Rowlandmiller & PARTNERS.ADV’s holdings in Amazon.com were worth $2,834,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Carderock Capital Management Inc. purchased a new position in Amazon.com in the second quarter worth $27,000. Maryland Capital Advisors Inc. grew its stake in shares of Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares during the period. Ryan Investment Management Inc. purchased a new position in shares of Amazon.com in the 2nd quarter valued at about $48,000. Cooksen Wealth LLC lifted its stake in shares of Amazon.com by 23.5% in the second quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock valued at $54,000 after purchasing an additional 47 shares during the period. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Amazon.com in the first quarter valued at about $59,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other news, CEO Matthew S. Garman sold 17,768 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.90, for a total value of $3,853,879.20. Following the completion of the sale, the chief executive officer owned 6,273 shares of the company’s stock, valued at $1,360,613.70. This represents a 73.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Keith Brian Alexander sold 900 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $233.00, for a total value of $209,700.00. Following the completion of the transaction, the director owned 7,170 shares of the company’s stock, valued at approximately $1,670,610. This represents a 11.15% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 82,234 shares of company stock worth $19,076,767. Company insiders own 10.80% of the company’s stock.

Amazon.com Stock Up 0.0%

AMZN stock opened at $222.56 on Wednesday. The company has a 50 day moving average price of $229.40 and a two-hundred day moving average price of $225.26. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 1.01. The stock has a market capitalization of $2.38 trillion, a P/E ratio of 31.44, a PEG ratio of 1.53 and a beta of 1.37. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.The firm had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same period last year, the company earned $1.43 EPS. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

AMZN has been the topic of a number of research reports. Royal Bank Of Canada restated a “buy” rating and issued a $300.00 price target on shares of Amazon.com in a report on Tuesday, December 2nd. China Renaissance boosted their target price on Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. HSBC raised their price target on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Susquehanna set a $300.00 price objective on shares of Amazon.com and gave the stock a “positive” rating in a research report on Friday, October 31st. Finally, New Street Research raised their target price on shares of Amazon.com from $270.00 to $340.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $295.50.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.