Cliftonlarsonallen Wealth Advisors LLC buys 3,864 shares of Amazon.com, Inc. (NASDAQ:AMZN)

Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,769 shares of the e-commerce giant’s stock after acquiring an additional 3,864 shares during the quarter. Cliftonlarsonallen Wealth Advisors LLC’s holdings in Amazon.com were worth $5,173,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of AMZN. Cooksen Wealth LLC bought a new position in shares of Amazon.com in the 4th quarter valued at approximately $30,000. Strid Group LLC purchased a new stake in Amazon.com in the 4th quarter valued at approximately $43,000. Harbor Investment Advisory LLC boosted its holdings in Amazon.com by 0.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 1,988 shares. actions during the period. Clarity Asset Management Inc. purchased a new stake in Amazon.com in the 4th quarter valued at approximately $46,000. Finally, Steph & Co. purchased a new stake in Amazon.com in the 1st quarter valued at about $65,000. 72.20% of shares are currently owned by institutional investors.

Analysts set new price targets

AMZN has been the subject of several analyst reports. Rosenblatt Securities upped their target price on Amazon.com from $220.00 to $221.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Truist Financial upped their target price on Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a report on Monday, July 22nd. Evercore ISI boosted their target price on Amazon.com from $220.00 to $225.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Citigroup boosted their target price on Amazon.com from $235.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Finally, BMO Capital Markets boosted their price objective on Amazon.com from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Thursday, July 25th. One research analyst has rated the stock with a hold rating, forty have issued a buy rating and one has assigned a strong buy rating to the stock. Amazon.com has an average rating of “Buy” and an average target price of $221.69, based on data from MarketBeat.com.

Get the latest report on Amazon.com

Insider trading on Amazon.com

In related news, SVP David Zapolsky sold 4,710 shares of the business’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $195.00, for a total transaction of $918,450.00. Following the completion of the transaction, the senior vice president now owns 59,500 shares of the company’s stock, valued at approximately $11,602,500. The transaction was disclosed in a filing with the SEC, which can be accessed via this link. In related news, SVP David Zapolsky sold 4,710 shares of the business’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $195.00, for a total transaction of $918,450.00. Following the completion of the transaction, the senior vice president now owns 59,500 shares of the company’s stock, valued at approximately $11,602,500. The transaction was disclosed in a filing with the SEC, which can be accessed via this link. Also, insider Jeffrey P. Bezos sold 1,463,437 shares of Amazon.com stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $200.08, for a total value of $292,804,474.96. Following the completion of the sale, the insider now directly owns 935,211,842 shares of the company’s stock, valued at approximately $187,117,185,347.36. The disclosure for this sale can be found here. Insiders have sold a total of 6,059,152 shares of company stock worth $1,212,453,840 over the last 90 days. Corporate insiders own 10.80% of the company’s shares.

Amazon.com stock down 2.2%

Shares of AMZN opened at $176.13 on Friday. Amazon.com, Inc. it has a twelve month low of $118.35 and a twelve month high of $201.20. The company has a quick ratio of 0.87, a current ratio of 1.07, and a debt-to-equity ratio of 0.27. The firm has a market cap of $1.83 trillion, a PE ratio of 49.34, a price-to-earnings-growth ratio of 1.32 and a beta of 1.15. The company has a 50-day moving average of $183.91 and a 200-day moving average of $180.85.

Amazon.com profile

(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.

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