Eagle Strategies LLC Has $3.92 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Eagle Strategies LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,828 shares of the e-commerce giant’s stock after selling 243 shares during the period. Eagle Strategies LLC’s holdings in Amazon.com were worth $3,924,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Cherry Creek Investment Advisors Inc. increased its stake in Amazon.com by 1.0% in the 4th quarter. Cherry Creek Investment Advisors Inc. now owns 62,278 shares of the e-commerce giant’s stock valued at $9,463,000 after buying an additional 616 shares during the period. Charter Oak Capital Management LLC raised its holdings in shares of Amazon.com by 3.2% during the fourth quarter. Charter Oak Capital Management LLC now owns 4,940 shares of the e-commerce giant’s stock worth $751,000 after acquiring an additional 153 shares in the last quarter. Liberty One Investment Management LLC boosted its position in Amazon.com by 1.8% during the fourth quarter. Liberty One Investment Management LLC now owns 30,898 shares of the e-commerce giant’s stock valued at $4,695,000 after purchasing an additional 541 shares during the last quarter. Jmac Enterprises LLC grew its stake in Amazon.com by 1.5% in the fourth quarter. Jmac Enterprises LLC now owns 14,075 shares of the e-commerce giant’s stock valued at $2,139,000 after purchasing an additional 205 shares in the last quarter. Finally, Executive Wealth Management LLC increased its position in Amazon.com by 5.5% in the 4th quarter. Executive Wealth Management LLC now owns 57,995 shares of the e-commerce giant’s stock worth $8,812,000 after purchasing an additional 3,002 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AMZN shares. UBS Group lifted their price target on Amazon.com from $198.00 to $215.00 and gave the company a “buy” rating in a report on Thursday. Robert W. Baird lifted their target price on shares of Amazon.com from $185.00 to $205.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Moffett Nathanson restated a “buy” rating and set a $228.00 price target on shares of Amazon.com in a research note on Thursday, April 11th. Stifel Nicolaus lifted their price objective on shares of Amazon.com from $200.00 to $224.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Finally, DA Davidson reissued a “buy” rating and set a $235.00 target price on shares of Amazon.com in a research report on Thursday, April 18th. One equities research analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $205.13.

Amazon.com Trading Up 3.4 %

Shares of AMZN stock opened at $179.62 on Monday. The firm has a fifty day moving average of $177.99 and a 200-day moving average of $158.98. The stock has a market cap of $1.87 trillion, a price-to-earnings ratio of 61.94, a P/E/G ratio of 1.55 and a beta of 1.16. Amazon.com, Inc. has a 52-week low of $101.15 and a 52-week 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 posted its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. The business had revenue of $169.96 billion for the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 earnings per share. On average, equities research analysts forecast that Amazon.com, Inc. will post 4.11 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the sale, the chief executive officer now 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 SEC, which is available through this link. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, February 1st. The stock was 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 $18,150,723.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction 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 sale, the vice president now owns 119,780 shares in the company, valued at approximately $20,239,226.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,214,010 shares of company stock valued at $5,505,889,146. Corporate 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.