Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Commons Capital LLC

Commons Capital LLC reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,442 shares of the e-commerce giant’s stock after selling 1,612 shares during the quarter. Amazon.com comprises 6.3% of Commons Capital LLC’s portfolio, making the stock its 3rd biggest position. Commons Capital LLC’s holdings in Amazon.com were worth $4,005,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Dohj LLC raised its stake in shares of Amazon.com by 1.8% during the 3rd quarter. Dohj LLC now owns 24,839 shares of the e-commerce giant’s stock worth $2,807,000 after purchasing an additional 451 shares in the last quarter. Bassett Hargrove Investment Counsel LLC acquired a new position in shares of Amazon.com during the 3rd quarter worth approximately $2,120,000. Asset Management One Co. Ltd. increased its holdings in shares of Amazon.com by 0.8% during the 3rd quarter. Asset Management One Co. Ltd. now owns 4,185,666 shares of the e-commerce giant’s stock worth $472,980,000 after acquiring an additional 32,781 shares during the last quarter. West Coast Financial LLC acquired a new position in shares of Amazon.com during the 3rd quarter worth approximately $210,000. Finally, Gulf International Bank UK Ltd increased its holdings in shares of Amazon.com by 1.0% during the 3rd quarter. Gulf International Bank UK Ltd now owns 1,526,940 shares of the e-commerce giant’s stock worth $172,544,000 after acquiring an additional 15,640 shares during the last quarter. 57.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 5,100 shares of Amazon.com stock in a transaction on Thursday, February 2nd. The stock was sold at an average price of $111.43, for a total transaction of $568,293.00. Following the sale, the chief executive officer now directly owns 124,180 shares in the company, valued at $13,837,377.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Adam Selipsky sold 5,100 shares of Amazon.com stock in a transaction on Thursday, February 2nd. The stock was sold at an average price of $111.43, for a total value of $568,293.00. Following the completion of the transaction, the chief executive officer now directly owns 124,180 shares in the company, valued at $13,837,377.40. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction on Monday, February 6th. The shares were sold at an average price of $102.90, for a total value of $411,600.00. Following the completion of the transaction, the chief executive officer now owns 529,435 shares of the company’s stock, valued at $54,478,861.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 71,394 shares of company stock worth $6,994,626. 12.70% of the stock is owned by company insiders.

Amazon.com Stock Down 1.6 %

AMZN stock opened at $90.73 on Friday. 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 0.72, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average is $95.85 and its 200-day moving average is $102.78. The firm has a market capitalization of $929.73 billion, a PE ratio of -338.53, a P/E/G ratio of 3.80 and a beta of 1.25.

Amazon.com (NASDAQ:AMZN – Get Rating) last issued its quarterly earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). The business had revenue of $149.20 billion for the quarter, compared to the consensus estimate of $145.72 billion. Amazon.com had a positive return on equity of 5.33% and a negative net margin of 0.53%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.39 earnings per share. Sell-side analysts expect that Amazon.com, Inc. will post 1.34 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on AMZN shares. Erste Group Bank lowered Amazon.com from a “buy” rating to a “hold” rating in a report on Friday, November 18th. Barclays upped their price objective on Amazon.com from $130.00 to $150.00 in a report on Friday, February 3rd. Rosenblatt Securities upped their price objective on Amazon.com from $103.00 to $106.00 and gave the company a “neutral” rating in a report on Friday, February 3rd. Piper Sandler increased their target price on Amazon.com from $119.00 to $123.00 and gave the stock an “overweight” rating in a report on Friday, February 3rd. Finally, MKM Partners reduced their target price on Amazon.com from $145.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, January 18th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and forty-one have issued a buy rating to the stock. Based on data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $144.87.

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 segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.