Fort Washington Investment Advisors Inc. OH Reduces Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Fort Washington Investment Advisors Inc. OH cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,127,573 shares of the e-commerce giant’s stock after selling 179 shares during the period. Amazon.com makes up about 2.2% of Fort Washington Investment Advisors Inc. OH’s holdings, making the stock its 5th biggest position. Fort Washington Investment Advisors Inc. OH’s holdings in Amazon.com were worth $323,263,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bridgefront Capital LLC acquired a new stake in shares of Amazon.com during the first quarter worth $228,000. Krane Funds Advisors LLC grew its holdings in shares of Amazon.com by 239.1% during the first quarter. Krane Funds Advisors LLC now owns 78 shares of the e-commerce giant’s stock valued at $254,000 after buying an additional 55 shares in the last quarter. Range Financial Group LLC purchased a new position in shares of Amazon.com during the first quarter valued at $258,000. My Personal CFO LLC purchased a new position in shares of Amazon.com during the first quarter valued at $261,000. Finally, Worth Asset Management LLC purchased a new position in shares of Amazon.com during the first quarter valued at $191,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $180.00, for a total value of $90,000.00. Following the completion of the transaction, the chief executive officer now owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Amazon.com news, insider Jeffrey P. Bezos sold 2,009,208 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $166.79, for a total value of $335,115,802.32. Following the completion of the transaction, the insider now owns 938,251,817 shares of the company’s stock, valued at approximately $156,491,020,557.43. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the completion of the sale, the chief executive officer now owns 132,600 shares in the company, valued at $23,868,000. The disclosure for this sale can be found here. Insiders sold a total of 32,210,510 shares of company stock valued at $5,505,223,106 in the last quarter. Corporate insiders own 12.70% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of a number of research analyst reports. Evercore ISI lifted their price target on Amazon.com from $195.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. The Goldman Sachs Group lifted their price target on Amazon.com from $200.00 to $220.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Wolfe Research lifted their price target on Amazon.com from $195.00 to $205.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. DA Davidson boosted their target price on Amazon.com from $195.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Finally, Roth Mkm boosted their target price on Amazon.com from $180.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and an average target price of $198.09.

Check Out Our Latest Analysis on AMZN

Amazon.com Price Performance

NASDAQ AMZN opened at $180.69 on Wednesday. Amazon.com, Inc. has a twelve month low of $97.71 and a twelve month high of $183.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The stock has a market capitalization of $1.88 trillion, a PE ratio of 62.31, a P/E/G ratio of 1.57 and a beta of 1.17. The stock has a 50-day simple moving average of $171.85 and a 200 day simple moving average of $152.11.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating the consensus estimate of $0.81 by $0.19. The firm had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.21 EPS. Research analysts anticipate 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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