Radnor Capital Management LLC Has $3.73 Million Holdings in Amazon.com, Inc. $AMZN

Radnor Capital Management LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 43.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,966 shares of the e-commerce giant’s stock after buying an additional 5,150 shares during the period. Radnor Capital Management LLC’s holdings in Amazon.com were worth $3,725,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Carderock Capital Management Inc. acquired a new position in Amazon.com in the 2nd quarter valued at about $27,000. Maryland Capital Advisors Inc. boosted its holdings in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 95 shares during the period. Ryan Investment Management Inc. bought a new position in shares of Amazon.com during the second quarter worth approximately $48,000. Cooksen Wealth LLC lifted its holdings in Amazon.com by 23.5% during the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant’s stock worth $54,000 after purchasing an additional 47 shares during the last quarter. Finally, PayPay Securities Corp lifted its holdings in Amazon.com by 62.3% during the 3rd quarter. PayPay Securities Corp now owns 250 shares of the e-commerce giant’s stock worth $55,000 after purchasing an additional 96 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Amazon.com

Here are the key news stories impacting Amazon.com this week:

Insiders Place Their Bets

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $226.61, for a total value of $280,316.57. Following the sale, the director owned 26,148 shares in the company, valued at $5,925,398.28. This trade represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the transaction, the chief executive officer owned 2,208,310 shares of the company’s stock, valued at $479,070,771.40. This trade represents a 0.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 79,734 shares of company stock worth $18,534,017 over the last 90 days. Insiders own 9.70% of the company’s stock.

Amazon.com Price Performance

Shares of AMZN stock opened at $239.12 on Friday. The business has a fifty day simple moving average of $232.46 and a 200 day simple moving average of $228.55. The company has a market cap of $2.56 trillion, a P/E ratio of 33.77, a P/E/G ratio of 1.49 and a beta of 1.37. The company has a quick ratio of 0.80, a current ratio of 1.01 and a debt-to-equity ratio of 0.14. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping the consensus estimate of $1.57 by $0.38. The firm had revenue of $180.17 billion during the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.43 earnings per share. On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AMZN. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $301.00 price objective (up from $295.00) on shares of Amazon.com in a report on Monday. William Blair restated an “outperform” rating on shares of Amazon.com in a research note on Monday, November 3rd. BNP Paribas Exane began coverage on shares of Amazon.com in a research note on Monday, November 24th. They issued an “outperform” rating for the company. Roth Capital increased their target price on shares of Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, TD Cowen raised their target price on shares of Amazon.com from $300.00 to $315.00 and gave the stock a “buy” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and an average target price of $295.96.

Read Our Latest Report on AMZN

Amazon.com Company Profile

(Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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

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