Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Physicians Financial Services Inc.

Physicians Financial Services Inc. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 88,889 shares of the e-commerce giant’s stock after selling 401 shares during the period. Amazon.com accounts for approximately 5.1% of Physicians Financial Services Inc.’s holdings, making the stock its 3rd biggest position. Physicians Financial Services Inc.’s holdings in Amazon.com were worth $13,506,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Seelaus Asset Management LLC lifted its stake in shares of Amazon.com by 10.4% in the 4th quarter. Seelaus Asset Management LLC now owns 17,313 shares of the e-commerce giant’s stock worth $2,631,000 after acquiring an additional 1,637 shares during the period. Cedrus LLC raised its holdings in shares of Amazon.com by 6.3% in the 4th quarter. Cedrus LLC now owns 11,261 shares of the e-commerce giant’s stock worth $1,711,000 after purchasing an additional 665 shares in the last quarter. Harbor Investment Advisory LLC raised its holdings in shares of Amazon.com by 0.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 1,988 shares in the last quarter. Aaron Wealth Advisors LLC raised its holdings in shares of Amazon.com by 8.4% in the 4th quarter. Aaron Wealth Advisors LLC now owns 25,105 shares of the e-commerce giant’s stock worth $3,814,000 after purchasing an additional 1,937 shares in the last quarter. Finally, Custom Index Systems LLC bought a new stake in shares of Amazon.com in the 4th quarter worth approximately $1,330,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance

NASDAQ:AMZN opened at $179.62 on Monday. Amazon.com, Inc. has a 52 week low of $101.15 and a 52 week high of $189.77. The company has a market capitalization of $1.87 trillion, a price-to-earnings ratio of 61.94, a PEG ratio of 1.55 and a beta of 1.16. The company has a 50-day moving average of $177.99 and a 200-day moving average of $158.98. 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 announced its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $169.96 billion during the quarter, compared to the consensus estimate of $165.96 billion. During the same period last year, the firm posted $0.21 EPS. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 4.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMZN. TD Cowen boosted their target price on shares of Amazon.com from $200.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Sanford C. Bernstein boosted their target price on shares of Amazon.com from $175.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Wolfe Research boosted their target price on shares of Amazon.com from $195.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Morgan Stanley boosted their price target on shares of Amazon.com from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. Finally, Moffett Nathanson restated a “buy” rating and set a $228.00 price target on shares of Amazon.com in a report on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $205.13.

Insider Activity at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated 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 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 available at the SEC website. In other Amazon.com news, insider Jeffrey P. Bezos sold 5,998,849 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the completion of the sale, the insider now owns 982,252,968 shares in the company, valued at approximately $167,140,165,034.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated 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 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 32,214,010 shares of company stock valued at $5,505,889,146 in the last ninety days. Insiders own 10.30% of the company’s stock.

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.