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Defender Capital LLC. It has a $1.55M stock position in Amazon.com, Inc. (NASDAQ:AMZN)

Defender Capital LLC. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 60.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,010 shares of the e-commerce giant’s stock after acquiring an additional 3,015 shares during the quarter. Amazon.com makes up 0.5% of Defender Capital LLC.’s holdings, making the stock its 18th biggest holding. Defender Capital LLC’s holdings in Amazon.com were worth $1,548,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Garrison Point Advisors LLC boosted its stake in shares of Amazon.com by 0.3% in the first quarter. Garrison Point Advisors LLC now owns 20,375 shares of the e-commerce giant’s stock worth $3,675,000 after acquiring an additional 55 shares in the last quarter. Meridian Investment Counsel Inc. raised its stake in Amazon.com by 1.8% in the second quarter. Meridian Investment Counsel Inc. now owns 3,076 shares of the e-commerce giant’s stock worth $594,000 after acquiring an additional 55 shares in the last quarter. Ridgecrest Wealth Partners LLC increased its stake in shares of Amazon.com by 0.7% in the first quarter. Ridgecrest Wealth Partners LLC now owns 7,755 shares of the e-commerce giant’s stock worth $1,399,000 after acquiring an additional 56 shares in the last quarter. Stordahl Capital Management Inc. raised its stake in Amazon.com by 2.1% in the first quarter. Stordahl Capital Management Inc. now owns 2,763 shares of the e-commerce giant’s stock worth $498,000 after acquiring an additional 56 shares in the last quarter. Finally, Lutz Financial Services LLC raised its stake in Amazon.com by 1.9% in the 1st quarter. Lutz Financial Services LLC now owns 3,053 shares of the e-commerce giant’s stock worth $551,000 after acquiring an additional 57 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s shares.

Insider trading on Amazon.com

In other news, CFO Brian T. Olsavsky sold 14,600 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $180.00, for a total value of $2,628,000.00. Following the completion of the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at approximately $8,820,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this hyperlink. In other news, CFO Brian T. Olsavsky sold 14,600 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $180.00, for a total value of $2,628,000.00. Following the completion of the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at approximately $8,820,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this hyperlink. Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $180.77, for a total value of $3,757,123.68. Following the completion of the transaction, the chief executive officer now directly owns 2,056,534 shares of the company’s stock, valued at approximately $371,759,651.18. The disclosure for this sale can be found here. In the last quarter, insiders sold 6,104,317 shares of company stock valued at $1,220,621,322. Corporate insiders own 10.80% of the company’s shares.

Analysts set new price targets

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A number of equities analysts have weighed in on AMZN shares. TD Cowen boosted their target price on Amazon.com from $225.00 to $245.00 and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Stifel Nicolaus dropped their target price on Amazon.com from $228.00 to $224.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Wolfe Research began coverage on Amazon.com in a research note on Tuesday, July 16th. They issued an “outperform” rating and a $250.00 price target on the stock. JPMorgan Chase & Co. decreased their target price on Amazon.com from $240.00 to $230.00 and set an “overweight” rating on the stock in a research note on Friday, August 2nd. Finally, Roth Mkm boosted their price objective on Amazon.com from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. One research analyst has rated the stock with a hold rating, forty have assigned a buy rating and two have assigned a strong buy rating to the company. Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $222.84, according to MarketBeat .

Check out our latest report on Amazon.com

Amazon.com trading up 0.9%

NASDAQ AMZN opened at $191.60 on Monday. Amazon.com, Inc. it has a fifty-two week low of $118.35 and a fifty-two week high of $201.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88, and a current ratio of 1.10. The stock has a 50-day simple moving average of $178.54 and a two-hundred-day simple moving average of $182.10. The stock has a market cap of $1.99 trillion, a P/E ratio of 53.67, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN – Get Your Free Report ) last released its quarterly earnings data on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.18. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. The business had revenue of $147.98 billion during the quarter, compared to analysts’ expectations of $148.63 billion. On average, analysts estimate that Amazon.com, Inc. will post 4.86 earnings per share for the current year.

About Amazon.com

(Free Report)

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

Further reading

Want to see what other hedge funds own AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Quarterly Institutional Ownership of Amazon.com (NASDAQ:AMZN)

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