Hudson Capital Management LLC Lowers Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Hudson Capital Management LLC reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,420 shares of the e-commerce giant’s stock after selling 160 shares during the quarter. Hudson Capital Management LLC’s holdings in Amazon.com were worth $216,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. State Street Corp lifted its stake in Amazon.com by 1,869.1% in the second quarter. State Street Corp now owns 326,727,487 shares of the e-commerce giant’s stock worth $34,701,726,000 after acquiring an additional 310,134,486 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of Amazon.com by 1,838.8% during the second quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock valued at $33,134,481,000 after buying an additional 295,880,050 shares during the last quarter. FMR LLC lifted its position in shares of Amazon.com by 1,792.4% during the second quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock valued at $30,381,089,000 after buying an additional 270,931,640 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its position in shares of Amazon.com by 120,235.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 116,480,298 shares of the e-commerce giant’s stock valued at $9,784,345,000 after buying an additional 116,383,502 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Amazon.com during the fourth quarter valued at about $8,263,591,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Royal Bank of Canada increased their price target on shares of Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Robert W. Baird increased their price target on shares of Amazon.com from $185.00 to $205.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. UBS Group upped their price objective on shares of Amazon.com from $180.00 to $198.00 and gave the company a “buy” rating in a report on Friday, February 2nd. The Goldman Sachs Group upped their price objective on shares of Amazon.com from $200.00 to $220.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $197.95.

Read Our Latest Report on Amazon.com

Insider Activity at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $145.63, for a total value of $72,815.00. Following the completion of the transaction, the chief executive officer now directly owns 118,560 shares of the company’s stock, valued at $17,265,892.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Jonathan Rubinstein sold 5,556 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $180.00, for a total value of $1,000,080.00. Following the completion of the sale, the director now directly owns 109,664 shares of the company’s stock, valued at $19,739,520. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $145.63, for a total value of $72,815.00. Following the completion of the sale, the chief executive officer now directly owns 118,560 shares of the company’s stock, valued at $17,265,892.80. The disclosure for this sale can be found here. Insiders sold 32,210,510 shares of company stock valued at $5,505,223,106 over the last three months. 12.70% of the stock is owned by corporate insiders.

Amazon.com Stock Down 0.8 %

Shares of NASDAQ:AMZN opened at $178.30 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The firm has a market capitalization of $1.85 trillion, a PE ratio of 61.48, a price-to-earnings-growth ratio of 1.56 and a beta of 1.17. The firm’s 50-day moving average is $169.22 and its two-hundred day moving average is $150.79. Amazon.com, Inc. has a 1 year low of $96.29 and a 1 year high of $181.41.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business had revenue of $169.96 billion during the quarter, compared to the consensus estimate of $165.96 billion. During the same period in the previous year, the company posted $0.21 earnings per share. The business’s revenue for the quarter was up 13.9% on a year-over-year basis. Analysts predict that Amazon.com, Inc. will post 4.08 EPS for the current year.

Amazon.com Profile

(Free Report)

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

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

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