Baker Chad R Has $15.20 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Baker Chad R reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 100,068 shares of the e-commerce giant’s stock after selling 555 shares during the quarter. Amazon.com accounts for approximately 3.4% of Baker Chad R’s holdings, making the stock its 10th biggest position. Baker Chad R’s holdings in Amazon.com were worth $15,204,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Mayflower Financial Advisors LLC grew its stake in shares of Amazon.com by 0.3% during the 3rd quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock valued at $25,000 after acquiring an additional 572 shares during the period. PayPay Securities Corp grew its stake in shares of Amazon.com by 54.3% during the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 94 shares during the period. Laurel Wealth Planning LLC grew its stake in shares of Amazon.com by 1,900.0% during the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 304 shares during the period. Sanctuary Wealth Management L.L.C. bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $37,000. Finally, Swaine & Leidel Wealth Services LLC bought a new position in shares of Amazon.com during the 1st quarter valued at approximately $38,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Down 1.3 %

Amazon.com stock opened at $183.62 on Tuesday. The firm has a market cap of $1.91 trillion, a price-to-earnings ratio of 63.32, a price-to-earnings-growth ratio of 1.62 and a beta of 1.17. Amazon.com, Inc. has a 52 week low of $101.15 and a 52 week high of $189.77. The business’s 50-day moving average price is $176.60 and its 200 day moving average price is $155.79. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping the consensus estimate of $0.81 by $0.19. The firm had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. Amazon.com’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the company earned $0.21 earnings per share. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 4.08 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $184.00, for a total transaction of $92,000.00. Following the sale, the chief executive officer now directly owns 131,600 shares of the company’s stock, valued at $24,214,400. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Amazon.com news, insider Jeffrey P. Bezos sold 2,009,208 shares of the firm’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 sale, the insider now directly owns 938,251,817 shares of the company’s stock, valued at $156,491,020,557.43. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the completion of the sale, the chief executive officer now directly owns 131,600 shares in the company, valued at $24,214,400. The disclosure for this sale can be found here. Insiders have sold a total of 32,214,010 shares of company stock valued at $5,505,874,846 over the last ninety days. Company insiders own 12.70% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of several recent research reports. Bank of America increased their price target on Amazon.com from $185.00 to $204.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Evercore ISI upped their price objective on Amazon.com from $195.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Needham & Company LLC upped their price objective on Amazon.com from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. UBS Group upped their price objective on Amazon.com from $180.00 to $198.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, Morgan Stanley upped their price objective on Amazon.com from $185.00 to $200.00 and gave the company an “overweight” rating in a research 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 given a strong buy rating to the company’s stock. According to data from MarketBeat, Amazon.com has a consensus rating of “Buy” and a consensus target price of $201.43.

About Amazon.com

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.