Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Orin Green Financial LLC

Orin Green Financial LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 68.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,395 shares of the e-commerce giant's stock after buying an additional 3,010 shares during the quarter. Amazon.com comprises about 0.6% of Orin Green Financial LLC's portfolio, making the stock its 27th biggest holding. Orin Green Financial LLC's holdings in Amazon.com were worth $1,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. China Universal Asset Management Co. Ltd. lifted its holdings in Amazon.com by 31.6% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 182,359 shares of the e-commerce giant's stock worth $32,894,000 after buying an additional 43,759 shares in the last quarter. Schear Investment Advisers LLC increased its position in shares of Amazon.com by 6.2% in the 1st quarter. Schear Investment Advisers LLC now owns 22,037 shares of the e-commerce giant's stock valued at $3,975,000 after purchasing an additional 1,287 shares during the last quarter. Smith Shellnut Wilson LLC ADV raised its holdings in shares of Amazon.com by 2.6% in the 1st quarter. Smith Shellnut Wilson LLC ADV now owns 6,155 shares of the e-commerce giant's stock valued at $1,110,000 after purchasing an additional 156 shares in the last quarter. Paces Ferry Wealth Advisors LLC lifted its position in shares of Amazon.com by 0.4% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 31,010 shares of the e-commerce giant's stock worth $5,594,000 after purchasing an additional 117 shares during the last quarter. Finally, High Note Wealth LLC grew its stake in shares of Amazon.com by 6.0% during the first quarter. High Note Wealth LLC now owns 42,297 shares of the e-commerce giant's stock worth $7,629,000 after purchasing an additional 2,401 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 14,600 shares of the business's stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $180.00, for a total transaction of $2,628,000.00. Following the transaction, the chief financial officer now owns 49,000 shares in the company, valued at $8,820,000. The trade was a 22.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Shelley Reynolds sold 3,791 shares of the company's stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total value of $686,322.64. Following the completion of the transaction, the vice president now owns 121,461 shares of the company's stock, valued at approximately $21,989,299.44. This represents a 3.03 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,053,349 shares of company stock worth $1,256,503,289. 10.80% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on AMZN shares. Roth Mkm increased their target price on shares of Amazon.com from $210.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, August 2nd. The Goldman Sachs Group raised their price objective on Amazon.com from $230.00 to $240.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Piper Sandler boosted their target price on Amazon.com from $215.00 to $225.00 and gave the company an "overweight" rating in a report on Friday, November 1st. Maxim Group raised their price target on Amazon.com from $251.00 to $260.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. Finally, Rosenblatt Securities increased their price objective on Amazon.com from $221.00 to $236.00 and gave the company a "buy" rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and a consensus price target of $235.45.

Amazon.com Trading Down 4.2 %

NASDAQ AMZN traded down $8.87 during trading hours on Friday, hitting $202.61. 86,591,144 shares of the company's stock were exchanged, compared to its average volume of 42,217,644. The business's 50 day moving average is $191.16 and its 200-day moving average is $185.76. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. Amazon.com, Inc. has a 12-month low of $139.52 and a 12-month high of $215.90. The firm has a market capitalization of $2.13 trillion, a P/E ratio of 43.39, a price-to-earnings-growth ratio of 1.36 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.29. The business had revenue of $158.88 billion for the quarter, compared to analysts' expectations of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The company's quarterly revenue was up 11.0% on a year-over-year basis. During the same period last year, the company earned $0.85 earnings per share. As a group, analysts anticipate that Amazon.com, Inc. will post 5.27 EPS for the current fiscal year.

About Amazon.com

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.