Amazon.com, Inc. (NASDAQ:AMZN) Holdings Cut by Leonard Rickey Investment Advisors P.L.L.C.

Leonard Rickey Investment Advisors P.L.L.C. decreased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,903 shares of the e-commerce giant’s stock after selling 295 shares during the quarter. Amazon.com makes up approximately 0.5% of Leonard Rickey Investment Advisors P.L.L.C.’s holdings, making the stock its 26th largest position. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in Amazon.com were worth $1,657,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mayflower Financial Advisors LLC raised its holdings 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 purchasing an additional 572 shares in the last quarter. PayPay Securities Corp raised its holdings 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 purchasing an additional 94 shares in the last quarter. Laurel Wealth Planning LLC raised its holdings 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 purchasing an additional 304 shares in the last quarter. Sanctuary Wealth Management L.L.C. bought a new position in shares of Amazon.com during the 4th quarter valued at $37,000. Finally, Swaine & Leidel Wealth Services LLC bought a new position in shares of Amazon.com during the 1st quarter valued at $38,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Amazon.com news, CEO Douglas J. Herrington sold 20,200 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total value of $3,433,798.00. Following the completion of the sale, the chief executive officer now owns 514,131 shares of the company’s stock, valued at $87,397,128.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. Insiders sold a total of 32,213,510 shares of company stock worth $5,505,798,456 in the last quarter. 12.30% of the stock is owned by company insiders.

Amazon.com Trading Down 1.1 %

Shares of NASDAQ AMZN opened at $179.22 on Friday. Amazon.com, Inc. has a 1-year low of $101.15 and a 1-year high of $189.77. The company has a market cap of $1.86 trillion, a PE ratio of 61.80, a P/E/G ratio of 1.60 and a beta of 1.16. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company has a 50-day moving average of $177.28 and a two-hundred day moving average of $156.52.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The company 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 firm posted $0.21 earnings per share. The company’s revenue was up 13.9% on a year-over-year basis. As a group, equities analysts expect that Amazon.com, Inc. will post 4.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

AMZN has been the topic of a number of recent research reports. Barclays raised their price target on shares of Amazon.com from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. TD Cowen raised their target price on shares of Amazon.com from $200.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. JMP Securities raised their target price on shares of Amazon.com from $175.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Telsey Advisory Group reiterated an “outperform” rating and issued a $200.00 target price on shares of Amazon.com in a research note on Wednesday, March 27th. Finally, Raymond James raised their target price on shares of Amazon.com from $185.00 to $200.00 and gave the company a “strong-buy” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $202.80.

Amazon.com Profile

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.