Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Tiff Advisory Services LLC

Tiff Advisory Services LLC decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 16.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 39,773 shares of the e-commerce giant’s stock after selling 7,913 shares during the quarter. Amazon.com comprises about 2.9% of Tiff Advisory Services LLC’s holdings, making the stock its 12th largest position. Tiff Advisory Services LLC’s holdings in Amazon.com were worth $6,043,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. raised its stake in Amazon.com by 45.0% in the 4th 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 during the last quarter. Strid Group LLC acquired a new position in shares of Amazon.com during the 4th quarter valued at about $43,000. Bruce G. Allen Investments LLC acquired a new position in shares of Amazon.com during the 4th quarter valued at about $57,000. Authentikos Wealth Advisory LLC acquired a new position in shares of Amazon.com during the 3rd quarter valued at about $49,000. Finally, Advantage Trust Co acquired a new position in shares of Amazon.com during the 4th quarter valued at about $68,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AMZN shares. Telsey Advisory Group upped their price objective on shares of Amazon.com from $200.00 to $215.00 and gave the company an “outperform” rating in a research note on Wednesday, May 1st. Robert W. Baird upped their price objective on shares of Amazon.com from $205.00 to $210.00 and gave the company an “outperform” rating in a research note on Wednesday, May 1st. Maxim Group dropped their price objective on shares of Amazon.com from $318.00 to $238.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. Moffett Nathanson reaffirmed a “buy” rating and set a $228.00 price objective on shares of Amazon.com in a research note on Thursday, April 11th. Finally, Barclays increased their target price on shares of Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. One research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus price target of $212.40.

Check Out Our Latest Analysis on Amazon.com

Amazon.com Stock Performance

Shares of AMZN opened at $185.00 on Friday. The business’s fifty day moving average price is $182.46 and its 200 day moving average price is $168.39. Amazon.com, Inc. has a 12-month low of $118.35 and a 12-month high of $191.70. The stock has a market capitalization of $1.93 trillion, a PE ratio of 51.82, a price-to-earnings-growth ratio of 1.28 and a beta of 1.14. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same period last year, the company earned $0.31 earnings per share. The firm’s revenue for the quarter was up 12.5% on a year-over-year basis. Equities research analysts forecast that Amazon.com, Inc. will post 4.72 EPS for the current year.

Insiders Place Their Bets

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $180.00, for a total value of $90,000.00. Following the sale, the chief executive officer now directly owns 132,600 shares of the company’s stock, valued at $23,868,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Douglas J. Herrington sold 3,500 shares of the firm’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $180.29, for a total transaction of $631,015.00. Following the transaction, the chief executive officer now directly owns 509,358 shares of the company’s stock, valued at $91,832,153.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the transaction, the chief executive officer now directly owns 132,600 shares in the company, valued at $23,868,000. The disclosure for this sale can be found here. Insiders have sold 65,838 shares of company stock valued at $11,984,344 over the last three months. Company insiders own 10.80% of the company’s stock.

About Amazon.com

(Free Report)

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.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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