Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Lowered by First National Bank Sioux Falls

First National Bank Sioux Falls reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 91.6% during the first quarter, Holdings Channel reports. The firm owned 105 shares of the e-commerce giant’s stock after selling 1,140 shares during the period. First National Bank Sioux Falls’ holdings in Amazon.com were worth $342,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AMZN. Koshinski Asset Management Inc. grew its position in Amazon.com by 1.7% during the fourth quarter. Koshinski Asset Management Inc. now owns 4,386 shares of the e-commerce giant’s stock valued at $14,624,000 after purchasing an additional 75 shares in the last quarter. Gilman Hill Asset Management LLC grew its position in Amazon.com by 10.5% in the fourth quarter. Gilman Hill Asset Management LLC now owns 749 shares of the e-commerce giant’s stock worth $2,497,000 after acquiring an additional 71 shares in the last quarter. Ritholtz Wealth Management grew its position in Amazon.com by 6.7% in the fourth quarter. Ritholtz Wealth Management now owns 3,635 shares of the e-commerce giant’s stock worth $12,120,000 after acquiring an additional 228 shares in the last quarter. Intermede Investment Partners Ltd grew its position in Amazon.com by 3.0% in the fourth quarter. Intermede Investment Partners Ltd now owns 51,424 shares of the e-commerce giant’s stock worth $171,465,000 after acquiring an additional 1,484 shares in the last quarter. Finally, Charles Schwab Trust Co grew its position in Amazon.com by 68.5% in the fourth quarter. Charles Schwab Trust Co now owns 1,296 shares of the e-commerce giant’s stock worth $4,321,000 after acquiring an additional 527 shares in the last quarter. Institutional investors and hedge funds own 72.51% of the company’s stock.

Shares of NASDAQ AMZN opened at $108.95 on Thursday. The firm has a market capitalization of $1.11 trillion, a PE ratio of 52.59, a price-to-earnings-growth ratio of 3.25 and a beta of 1.23. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.35. Amazon.com, Inc. has a 1 year low of $101.26 and a 1 year high of $188.65. The firm’s 50-day moving average is $120.84 and its 200-day moving average is $145.41.

Amazon.com (NASDAQ:AMZNGet Rating) last issued its earnings results on Thursday, April 28th. The e-commerce giant reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.23). The business had revenue of $116.44 billion during the quarter, compared to the consensus estimate of $116.52 billion. Amazon.com had a net margin of 4.48% and a return on equity of 21.60%. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $0.79 EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 1.22 earnings per share for the current fiscal year.

Several analysts have commented on AMZN shares. Cowen decreased their target price on shares of Amazon.com from $220.00 to $212.50 in a research report on Friday, April 29th. MKM Partners reduced their price objective on shares of Amazon.com from $205.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, April 20th. Susquehanna reduced their price objective on shares of Amazon.com from $250.00 to $190.00 in a research note on Friday, April 29th. Credit Suisse Group reduced their price objective on shares of Amazon.com from $205.00 to $185.00 in a research note on Friday, April 29th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a $200.00 price objective on shares of Amazon.com in a research note on Tuesday, June 14th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and thirty-seven have given a buy rating to the stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $187.67.

In related news, CEO Adam Selipsky sold 34 shares of the stock in a transaction that occurred on Wednesday, March 30th. The shares were sold at an average price of $3,370.19, for a total value of $114,586.46. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO David H. Clark sold 2,270 shares of the stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total transaction of $4,924,129.40. Following the completion of the sale, the chief executive officer now owns 6,695 shares in the company, valued at $14,522,927.90. The disclosure for this sale can be found here. Insiders sold a total of 4,837 shares of company stock worth $10,642,923 in the last ninety days. Insiders own 12.70% of the company’s stock.

About Amazon.com (Get Rating)

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

See Also

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNGet Rating).

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

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.