Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 19.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,871 shares of the e-commerce giant’s stock after buying an additional 4,024 shares during the quarter. Amazon.com makes up 2.5% of Blackhawk Capital Partners LLC.’s investment portfolio, making the stock its 7th largest holding. Blackhawk Capital Partners LLC.’s holdings in Amazon.com were worth $4,634,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. PayPay Securities Corp raised its stake in shares of Amazon.com by 64.6% in the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock valued at $32,000 after acquiring an additional 64 shares in the last quarter. Hoese & Co LLP acquired a new stake in Amazon.com in the 3rd quarter valued at about $37,000. Bull Oak Capital LLC purchased a new position in shares of Amazon.com in the 3rd quarter valued at about $45,000. Christopher J. Hasenberg Inc grew its position in shares of Amazon.com by 650.0% during the second quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock worth $58,000 after buying an additional 260 shares in the last quarter. Finally, Values First Advisors Inc. purchased a new stake in shares of Amazon.com in the 3rd quarter valued at approximately $56,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. UBS Group upped their price target on Amazon.com from $230.00 to $264.00 and gave the company a “buy” rating in a report on Monday, December 16th. Wedbush boosted their price objective on shares of Amazon.com from $225.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Redburn Atlantic increased their price target on shares of Amazon.com from $225.00 to $235.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Oppenheimer raised their price target on Amazon.com from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Finally, Tigress Financial upped their price objective on Amazon.com from $245.00 to $290.00 and gave the stock a “buy” rating in a report on Friday, December 20th. Two equities research analysts have rated the stock with a hold rating, forty-one have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $220.22 on Friday. The firm has a market cap of $2.32 trillion, a PE ratio of 47.16, a price-to-earnings-growth ratio of 1.54 and a beta of 1.16. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. Amazon.com, Inc. has a fifty-two week low of $144.05 and a fifty-two week high of $233.00. The business has a 50 day moving average price of $211.67 and a two-hundred day moving average price of $193.59.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The firm had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same quarter in the previous year, the firm earned $0.85 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Sell-side analysts expect that Amazon.com, Inc. will post 5.29 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total value of $246,237.22. Following the completion of the transaction, the director now owns 24,912 shares in the company, valued at approximately $4,958,982.72. This represents a 4.73 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the sale, the director now directly owns 88,203 shares in the company, valued at approximately $20,273,459.55. This trade represents a 4.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,032,344 shares of company stock worth $1,253,456,822 over the last ninety days. Company insiders own 10.80% of the company’s stock.

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.