B&D White Capital Company LLC Has $1.97 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

B&D White Capital Company LLC reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 68.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,451 shares of the e-commerce giant’s stock after selling 37,589 shares during the quarter. Amazon.com comprises about 0.7% of B&D White Capital Company LLC’s portfolio, making the stock its 22nd biggest position. B&D White Capital Company LLC’s holdings in Amazon.com were worth $1,971,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Savior LLC raised its stake in shares of Amazon.com by 1,085.0% in the second quarter. Savior LLC now owns 237 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 217 shares during the last quarter. Rocky Mountain Advisers LLC raised its stake in shares of Amazon.com by 1,311.8% in the second quarter. Rocky Mountain Advisers LLC now owns 240 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 223 shares during the last quarter. Iron Horse Wealth Management LLC raised its stake in shares of Amazon.com by 4,540.0% in the second quarter. Iron Horse Wealth Management LLC now owns 232 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 227 shares during the last quarter. Wells Financial Advisors INC raised its stake in shares of Amazon.com by 1,900.0% in the second quarter. Wells Financial Advisors INC now owns 280 shares of the e-commerce giant’s stock worth $30,000 after purchasing an additional 266 shares during the last quarter. Finally, Maryland Capital Advisors Inc. raised its stake in shares of Amazon.com by 1,900.0% in the second quarter. Maryland Capital Advisors Inc. now owns 300 shares of the e-commerce giant’s stock worth $32,000 after purchasing an additional 285 shares during the last quarter. 57.64% of the stock is owned by institutional investors and hedge funds.

Amazon.com Trading Up 3.8 %

NASDAQ AMZN opened at $97.25 on Friday. The stock’s 50-day simple moving average is $90.72 and its two-hundred day simple moving average is $110.28. Amazon.com, Inc. has a twelve month low of $81.43 and a twelve month high of $170.83. The company has a quick ratio of 0.68, a current ratio of 0.94 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $992.11 billion, a price-to-earnings ratio of 89.26, a PEG ratio of 3.09 and a beta of 1.22.

Amazon.com (NASDAQ:AMZN – Get Rating) last released its quarterly earnings data on Thursday, October 27th. The e-commerce giant reported $0.20 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.02). The company had revenue of $127.10 billion during the quarter, compared to analysts’ expectations of $127.47 billion. Amazon.com had a return on equity of 14.44% and a net margin of 2.25%. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.31 EPS. Research analysts forecast that Amazon.com, Inc. will post 0.68 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on AMZN. Tigress Financial reduced their target price on Amazon.com from $232.00 to $192.00 and set a “buy” rating for the company in a report on Wednesday, November 2nd. Needham & Company LLC reduced their target price on Amazon.com from $175.00 to $120.00 and set a “buy” rating for the company in a report on Friday, October 28th. UBS Group reduced their target price on Amazon.com from $165.00 to $125.00 in a report on Wednesday, January 4th. Truist Financial reduced their target price on Amazon.com from $170.00 to $160.00 and set a “buy” rating for the company in a report on Friday, October 28th. Finally, Wells Fargo & Company reduced their target price on Amazon.com from $200.00 to $155.00 and set an “overweight” rating for the company in a report on Friday, October 28th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and forty-two have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $145.87.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 3,500 shares of Amazon.com stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $94.00, for a total value of $329,000.00. Following the transaction, the vice president now owns 119,780 shares in the company, valued at $11,259,320. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, VP Shelley Reynolds sold 3,500 shares of Amazon.com stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $94.00, for a total value of $329,000.00. Following the transaction, the vice president now owns 119,780 shares in the company, valued at $11,259,320. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Adam Selipsky sold 345 shares of Amazon.com stock in a transaction dated Tuesday, November 1st. The stock was sold at an average price of $102.00, for a total value of $35,190.00. Following the completion of the transaction, the chief executive officer now owns 112,795 shares in the company, valued at approximately $11,505,090. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 52,428 shares of company stock worth $5,077,578. Company insiders own 12.70% of the company’s stock.

Amazon.com Profile

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North American-focused websites such as www.amazon.com and www.amazon.ca.