Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Americana Partners LLC

Americana Partners LLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 123,398 shares of the e-commerce giant’s stock after selling 8,892 shares during the period. Amazon.com comprises about 1.7% of Americana Partners LLC’s holdings, making the stock its 10th largest position. Americana Partners LLC’s holdings in Amazon.com were worth $18,082,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Vanguard Group Inc. raised its holdings in shares of Amazon.com by 4.4% during the 3rd quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock valued at $96,350,832,000 after purchasing an additional 32,038,029 shares in the last quarter. International Assets Investment Management LLC raised its holdings in Amazon.com by 16,029.3% during the fourth quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant’s stock valued at $36,260,810,000 after buying an additional 23,717,254 shares in the last quarter. FMR LLC lifted its position in shares of Amazon.com by 7.7% in the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock worth $38,403,135,000 after buying an additional 21,649,871 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of Amazon.com by 28.4% during the 3rd quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock worth $6,989,254,000 after acquiring an additional 12,176,114 shares in the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new position in shares of Amazon.com during the 3rd quarter valued at about $610,138,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Down 1.6 %

Shares of AMZN opened at $176.59 on Thursday. The company has a market capitalization of $1.83 trillion, a P/E ratio of 60.89, a PEG ratio of 1.54 and a beta of 1.16. Amazon.com, Inc. has a one year low of $101.15 and a one year high of $189.77. The business’s 50 day simple moving average is $177.71 and its 200-day simple moving average is $158.12. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84.

Amazon.com (NASDAQ:AMZN) last posted 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 company had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. During the same quarter in the previous year, the firm earned $0.21 earnings per share. The business’s revenue was up 13.9% on a year-over-year basis. As a group, sell-side analysts predict that Amazon.com, Inc. will post 4.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AMZN. Morgan Stanley upped their target price on Amazon.com from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, February 2nd. BMO Capital Markets upped their price objective on shares of Amazon.com from $205.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday. UBS Group lifted their target price on shares of Amazon.com from $180.00 to $198.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Wells Fargo & Company boosted their target price on shares of Amazon.com from $211.00 to $217.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. Finally, Oppenheimer raised their price target on Amazon.com from $200.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $204.76.

Insider Buying and Selling

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the transaction, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The sale 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 5,998,849 shares of the stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the transaction, the insider now directly owns 982,252,968 shares in the company, valued at approximately $167,140,165,034.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value 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 disclosure for this sale can be found here. Insiders have sold a total of 32,214,010 shares of company stock worth $5,505,889,146 in the last 90 days. Corporate insiders own 10.80% of the company’s stock.

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.