Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Increased by Regency Capital Management Inc. DE

Regency Capital Management Inc. DE grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 9.0% in the third quarter, Holdings Channel reports. The institutional investor owned 1,488 shares of the e-commerce giant’s stock after acquiring an additional 123 shares during the quarter. Amazon.com accounts for 3.4% of Regency Capital Management Inc. DE’s holdings, making the stock its 7th largest holding. Regency Capital Management Inc. DE’s holdings in Amazon.com were worth $4,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Farmers Trust Co. lifted its position in shares of Amazon.com by 2.8% during the 3rd quarter. Farmers Trust Co. now owns 109 shares of the e-commerce giant’s stock worth $358,000 after buying an additional 3 shares during the last quarter. Pflug Koory LLC raised its stake in shares of Amazon.com by 4.3% during the third quarter. Pflug Koory LLC now owns 72 shares of the e-commerce giant’s stock worth $237,000 after acquiring an additional 3 shares in the last quarter. Rainey & Randall Investment Management Inc. lifted its holdings in Amazon.com by 2.1% in the third quarter. Rainey & Randall Investment Management Inc. now owns 147 shares of the e-commerce giant’s stock worth $482,000 after buying an additional 3 shares during the period. Defined Wealth Management LLC increased its position in shares of Amazon.com by 3.0% during the third quarter. Defined Wealth Management LLC now owns 103 shares of the e-commerce giant’s stock valued at $338,000 after acquiring an additional 3 shares in the last quarter. Finally, Alpha Omega Group Inc. boosted its stake in shares of Amazon.com by 3.5% during the 3rd quarter. Alpha Omega Group Inc. now owns 88 shares of the e-commerce giant’s stock worth $289,000 after acquiring an additional 3 shares during the last quarter. 56.96% of the stock is owned by institutional investors and hedge funds.

AMZN stock opened at $3,242.76 on Friday. The stock has a market capitalization of $1.64 trillion, a PE ratio of 63.43, a price-to-earnings-growth ratio of 2.62 and a beta of 1.10. The company has a current ratio of 1.12, a quick ratio of 0.87 and a debt-to-equity ratio of 0.42. Amazon.com, Inc. has a 12-month low of $2,881.00 and a 12-month high of $3,773.08. The stock’s 50 day simple moving average is $3,438.21 and its 200 day simple moving average is $3,427.83.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Wednesday, October 27th. The e-commerce giant reported $6.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $9.10 by ($2.98). The business had revenue of $110.81 billion during the quarter, compared to the consensus estimate of $111.66 billion. Amazon.com had a return on equity of 24.31% and a net margin of 5.73%. Amazon.com’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter last year, the company earned $12.37 EPS. On average, research analysts predict that Amazon.com, Inc. will post 40.79 earnings per share for the current year.

Several brokerages recently issued reports on AMZN. Citigroup reduced their target price on shares of Amazon.com from $4,175.00 to $4,100.00 and set a “buy” rating for the company in a report on Tuesday, November 2nd. Telsey Advisory Group dropped their price objective on shares of Amazon.com from $4,000.00 to $3,850.00 and set an “outperform” rating on the stock in a research note on Friday, October 29th. JPMorgan Chase & Co. lifted their price objective on Amazon.com from $4,100.00 to $4,350.00 and gave the stock an “overweight” rating in a research report on Friday, October 29th. BMO Capital Markets restated a “buy” rating and set a $4,100.00 target price on shares of Amazon.com in a report on Sunday, October 31st. Finally, Truist Securities lifted their price target on Amazon.com from $3,800.00 to $4,000.00 and gave the stock a “buy” rating in a research note on Friday, October 29th. Forty investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $4,201.88.

In other news, CEO Adam Selipsky sold 34 shares of the firm’s stock in a transaction dated Wednesday, January 5th. The shares were sold at an average price of $3,337.66, for a total value of $113,480.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 492 shares of the company’s stock in a transaction dated Monday, November 22nd. The stock was sold at an average price of $3,676.00, for a total transaction of $1,808,592.00. The disclosure for this sale can be found here. Insiders have sold 86,314 shares of company stock valued at $292,824,570 in the last quarter. 14.00% of the stock is currently owned by company insiders.

Amazon.com 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.

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

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