Sather Financial Group Inc Sells 478 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Sather Financial Group Inc trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,093 shares of the e-commerce giant’s stock after selling 478 shares during the quarter. Sather Financial Group Inc’s holdings in Amazon.com were worth $2,901,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. PayPay Securities Corp lifted its holdings in Amazon.com by 54.3% during the third 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. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after purchasing an additional 86 shares in the last quarter. Authentikos Wealth Advisory LLC purchased a new position in Amazon.com during the third quarter valued at approximately $49,000. Bruce G. Allen Investments LLC purchased a new position in shares of Amazon.com in the fourth quarter worth $57,000. Finally, AM Squared Ltd purchased a new position in shares of Amazon.com in the third quarter worth $76,000. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Amazon.com

In related news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $20,239,226.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total transaction of $523,807.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,214,010 shares of company stock valued at $5,505,889,146. 10.30% of the stock is currently owned by insiders.

Amazon.com Stock Performance

AMZN stock opened at $179.62 on Friday. The firm has a market cap of $1.87 trillion, a price-to-earnings ratio of 61.94, a PEG ratio of 1.50 and a beta of 1.16. The firm has a 50-day simple moving average of $177.99 and a two-hundred day simple moving average of $158.79. Amazon.com, Inc. has a one year low of $101.15 and a one year high of $189.77. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZN) last released 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 business had revenue of $169.96 billion during the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The company’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.21 earnings per share. On average, equities analysts forecast that Amazon.com, Inc. will post 4.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AMZN shares. UBS Group boosted their target price on shares of Amazon.com from $198.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday. Citigroup boosted their target price on shares of Amazon.com from $215.00 to $235.00 and gave the stock a “buy” rating in a report on Wednesday. Raymond James boosted their target price on shares of Amazon.com from $185.00 to $200.00 and gave the stock a “strong-buy” rating in a report on Friday, February 2nd. Canaccord Genuity Group upped their price target on shares of Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Finally, BMO Capital Markets upped their price target on shares of Amazon.com from $205.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. One research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $205.13.

Amazon.com Company 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.