Capital Market Strategies LLC Increases Stake in Amazon.com

Capital Market Strategies LLC has recently expanded its ownership in Amazon.com, Inc. by purchasing additional shares. As reported by Holdings Channel, during the fourth quarter, the firm's share count in the e-commerce behemoth went up by 1%, resulting in a total of 7,229 shares. Following the acquisition of 69 more shares, Amazon.com now constitutes about 1% of Capital Market Strategies LLC's portfolio, making it the 21st largest holding. The value of these Amazon.com shares was tagged at $1,098,000 in the latest SEC filings.

Diverse Hedge Fund Activities

Capital Market Strategies LLC wasn't the only hedge fund making moves with Amazon.com stock. Kavar Capital Partners Group LLC, IFM Investors Pty Ltd, Ironwood Wealth Management LLC., Markel Corp, and Leelyn Smith LLC have all adjusted their investments in the company, some increasing their stake by purchasing additional shares, and collectively bringing institutional investor ownership up to 57.96%.

Amazon.com's Current Trading Status

On a recent Wednesday, Amazon.com shares opened at $175.90, with the company boasting a market capitalization of $1.83 trillion. Other financial metrics were highlighted, including a price-to-earnings ratio, PEG ratio, beta, and various liquidity and leverage ratios. The company's performance over a 50-day and 200-day moving average was also provided, along with historical share price highs and lows.

Latest Earnings and Analysts' Outlooks

Amazon.com's financial performance for the past quarter was stronger than analysts' expectations, topping estimates with an earnings per share (EPS) of $1.00. Additionally, the company's revenue surged 13.9% year-over-year, with an increase in net margin and return on equity. Looking ahead, analysts are projecting continued growth in EPS for Amazon.com.

Several analysts have shared their views on Amazon stock, suggesting price targets and overall optimistic outlooks. Many analysts have given the stock a 'buy' rating, while one maintains a 'hold' and another suggests a 'strong buy'.

Insider Trading at Amazon.com

As for insider activities, Amazon.com's CEO and other executives have engaged in stock transactions, with details provided of their sales and remaining share ownership. These transactions are formally disclosed with the SEC.

Company Profile

Amazon.com, Inc. is involved in various business operations including retail, advertising, subscriptions, and the production of electronics and media content. The company operates globally and has divided its operations across different segments.

For those interested in hedge fund holdings or insider trades for Amazon.com, resources like HoldingsChannel.com are available to track the latest information.

Capital, Market, Amazon