Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Vishria Bird Financial Group LLC

Vishria Bird Financial Group LLC reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,760 shares of the e-commerce giant’s stock after selling 609 shares during the quarter. Amazon.com accounts for 5.5% of Vishria Bird Financial Group LLC’s portfolio, making the stock its 6th largest position. Vishria Bird Financial Group LLC’s holdings in Amazon.com were worth $11,663,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Lake Hills Wealth Management LLC grew its position in shares of Amazon.com by 0.8% during the 4th quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock worth $1,213,000 after purchasing an additional 65 shares in the last quarter. Veery Capital LLC grew its position in shares of Amazon.com by 1.1% during the 4th quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock worth $895,000 after purchasing an additional 66 shares in the last quarter. Bellwether Advisors LLC grew its position in shares of Amazon.com by 2.3% during the 4th quarter. Bellwether Advisors LLC now owns 2,936 shares of the e-commerce giant’s stock worth $446,000 after purchasing an additional 66 shares in the last quarter. StrategIQ Financial Group LLC grew its position in shares of Amazon.com by 0.3% during the 4th quarter. StrategIQ Financial Group LLC now owns 23,259 shares of the e-commerce giant’s stock worth $3,534,000 after purchasing an additional 66 shares in the last quarter. Finally, Marion Wealth Management grew its position in shares of Amazon.com by 1.6% during the 4th quarter. Marion Wealth Management now owns 4,321 shares of the e-commerce giant’s stock worth $657,000 after purchasing an additional 67 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Down 1.6 %

AMZN opened at $176.59 on Thursday. Amazon.com, Inc. has a twelve month low of $101.15 and a twelve month high of $189.77. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $177.71 and a 200-day moving average of $158.12. The stock has a market cap of $1.83 trillion, a PE ratio of 60.89, a price-to-earnings-growth ratio of 1.54 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $165.96 billion. During the same period in the prior year, the company posted $0.21 earnings per share. Amazon.com’s revenue for the quarter was up 13.9% compared to the same quarter last year. On average, sell-side analysts predict that Amazon.com, Inc. will post 4.1 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. BMO Capital Markets increased their target price on shares of Amazon.com from $205.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday. Maxim Group initiated coverage on shares of Amazon.com in a report on Wednesday, April 17th. They set a “buy” rating and a $218.00 price target for the company. Royal Bank of Canada upped their price target on shares of Amazon.com from $180.00 to $215.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Mizuho upped their price target on shares of Amazon.com from $220.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Finally, Roth Mkm reaffirmed a “buy” rating and set a $205.00 price target on shares of Amazon.com in a report on Tuesday, April 16th. One equities 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. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $204.76.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of the stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total transaction of $1,020,764,145.84. Following the completion of the sale, the insider now directly owns 982,252,968 shares in the company, valued at $167,140,165,034.88. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the firm’s 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 in the company, valued at $18,150,723.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeffrey P. Bezos sold 5,998,849 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total transaction of $1,020,764,145.84. Following the completion of the sale, the insider now owns 982,252,968 shares of the company’s stock, valued at $167,140,165,034.88. The disclosure for this sale can be found here. Insiders sold a total of 32,214,010 shares of company stock worth $5,505,889,146 over the last three months. 10.80% of the stock is owned by company insiders.

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.