Wulff Hansen & CO. Sells 4,030 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Wulff Hansen & CO. trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 18.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,255 shares of the e-commerce giant’s stock after selling 4,030 shares during the period. Amazon.com accounts for 3.1% of Wulff Hansen & CO.’s portfolio, making the stock its 6th biggest position. Wulff Hansen & CO.’s holdings in Amazon.com were worth $2,774,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AMZN. ShoreHaven Wealth Partners LLC lifted its stake in Amazon.com by 1.9% during the fourth quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant’s stock valued at $491,000 after buying an additional 60 shares in the last quarter. Measured Wealth Private Client Group LLC lifted its position in shares of Amazon.com by 2.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,562 shares of the e-commerce giant’s stock worth $389,000 after purchasing an additional 62 shares in the last quarter. Socha Financial Group LLC lifted its position in shares of Amazon.com by 3.3% in the fourth quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock worth $303,000 after purchasing an additional 63 shares in the last quarter. Lake Hills Wealth Management LLC lifted its position in shares of Amazon.com by 0.8% in the fourth 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. Finally, Veery Capital LLC lifted its position in shares of Amazon.com by 1.1% in the fourth 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. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Monday, April 1st. The stock was sold at an average price of $180.73, for a total transaction of $632,555.00. Following the completion of the transaction, the chief executive officer now directly owns 512,858 shares of the company’s stock, valued at $92,688,826.34. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Amazon.com news, VP Shelley Reynolds sold 2,700 shares of Amazon.com stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $181.39, for a total transaction of $489,753.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $21,726,894.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the firm’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $180.73, for a total value of $632,555.00. Following the completion of the sale, the chief executive officer now owns 512,858 shares of the company’s stock, valued at $92,688,826.34. The disclosure for this sale can be found here. Over the last three months, insiders sold 65,838 shares of company stock valued at $11,984,344. 10.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research analyst reports. Raymond James increased their price target on shares of Amazon.com from $200.00 to $205.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, May 1st. Morgan Stanley increased their price objective on Amazon.com from $215.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. The Goldman Sachs Group increased their price objective on Amazon.com from $220.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Maxim Group dropped their price objective on Amazon.com from $318.00 to $238.00 and set a “buy” rating on the stock in a report on Wednesday, May 1st. Finally, Argus increased their price objective on Amazon.com from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. One investment analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has given 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 $213.82.

Get Our Latest Research Report on Amazon.com

Amazon.com Stock Down 0.4 %

Shares of AMZN stock opened at $184.30 on Friday. The stock has a market cap of $1.92 trillion, a P/E ratio of 51.62, a price-to-earnings-growth ratio of 1.32 and a beta of 1.14. Amazon.com, Inc. has a one year low of $118.35 and a one year high of $191.70. The stock has a fifty day moving average price of $182.53 and a 200 day moving average price of $168.83. 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 EPS for the quarter, topping the consensus estimate of $0.83 by $0.15. The firm had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. Amazon.com’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period last year, the business earned $0.31 earnings per share. Analysts predict that Amazon.com, Inc. will post 4.72 earnings per share for the current year.

Amazon.com Company Profile

(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.

Further Reading

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

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