Trillium Asset Management LLC Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

Trillium Asset Management LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,087 shares of the e-commerce giant’s stock after purchasing an additional 107 shares during the quarter. Trillium Asset Management LLC’s holdings in Amazon.com were worth $343,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of AMZN. McElhenny Sheffield Capital Management LLC purchased a new stake in shares of Amazon.com during the fourth quarter worth $27,000. Retirement Financial Solutions LLC purchased a new stake in shares of Amazon.com during the fourth quarter worth $32,000. Laurel Wealth Planning LLC increased its position in shares of Amazon.com by 1,900.0% during the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 304 shares during the period. Swaine & Leidel Wealth Services LLC acquired a new position in shares of Amazon.com during the first quarter worth $38,000. Finally, Cowa LLC acquired a new position in shares of Amazon.com during the third quarter worth $40,000. Hedge funds and other institutional investors own 57.64% of the company’s stock.

Insider Buying and Selling

In related news, VP Shelley Reynolds sold 3,500 shares of Amazon.com stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $11,368,319.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, SVP David Zapolsky sold 6,704 shares of the business’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $94.91, for a total value of $636,276.64. Following the completion of the sale, the senior vice president now owns 87,036 shares of the company’s stock, valued at approximately $8,260,586.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 3,500 shares of the business’s stock in a transaction dated Tuesday, February 21st. The stock was sold at an average price of $94.91, for a total transaction of $332,185.00. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $11,368,319.80. The disclosure for this sale can be found here. Insiders have sold 61,019 shares of company stock valued at $6,053,511 in the last quarter. Company insiders own 12.30% of the company’s stock.

Amazon.com Stock Performance

Amazon.com stock opened at $116.25 on Friday. Amazon.com, Inc. has a 12-month low of $81.43 and a 12-month high of $146.57. The company has a market capitalization of $1.19 trillion, a price-to-earnings ratio of 276.79, a price-to-earnings-growth ratio of 4.11 and a beta of 1.26. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.92 and a quick ratio of 0.69. The firm’s fifty day moving average price is $103.63 and its 200 day moving average price is $97.03.

Amazon.com (NASDAQ:AMZN – Get Rating) last released its quarterly earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.09. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The firm had revenue of $127.36 billion for the quarter, compared to the consensus estimate of $124.57 billion. During the same quarter in the previous year, the firm posted $0.21 EPS. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. On average, research analysts forecast that Amazon.com, Inc. will post 1.57 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AMZN shares. Wolfe Research boosted their target price on shares of Amazon.com from $130.00 to $140.00 in a research note on Friday, April 28th. Tigress Financial restated a “buy” rating and issued a $192.00 price objective on shares of Amazon.com in a research note on Thursday, February 9th. JMP Securities restated a “market outperform” rating and issued a $140.00 price objective on shares of Amazon.com in a research note on Wednesday, April 19th. Roth Capital restated a “buy” rating on shares of Amazon.com in a research note on Friday, February 3rd. Finally, Credit Suisse Group decreased their price objective on shares of Amazon.com from $150.00 to $140.00 in a research note on Tuesday, April 25th. Three equities research analysts have rated the stock with a hold rating and forty-one have issued a buy rating to the company’s stock. According to MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average target price of $143.12.

About Amazon.com

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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.