Amazon.com, Inc. (NASDAQ:AMZN) Stake Lowered by RHS Financial LLC

RHS Financial LLC cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,485 shares of the e-commerce giant’s stock after selling 266 shares during the quarter. RHS Financial LLC’s holdings in Amazon.com were worth $1,203,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Custom Index Systems LLC grew its holdings in shares of Amazon.com by 0.6% during the fourth quarter. Custom Index Systems LLC now owns 13,954 shares of the e-commerce giant’s stock valued at $3,061,000 after purchasing an additional 78 shares during the last quarter. Heck Capital Advisors LLC bought a new position in shares of Amazon.com during the fourth quarter valued at approximately $5,927,000. TriaGen Wealth Management LLC grew its holdings in Amazon.com by 0.8% in the 4th quarter. TriaGen Wealth Management LLC now owns 8,100 shares of the e-commerce giant’s stock worth $1,777,000 after buying an additional 61 shares in the last quarter. West Bancorporation Inc. grew its holdings in Amazon.com by 5.3% in the 4th quarter. West Bancorporation Inc. now owns 4,461 shares of the e-commerce giant’s stock worth $979,000 after buying an additional 225 shares in the last quarter. Finally, Caprock Group LLC grew its holdings in Amazon.com by 4.8% in the 4th quarter. Caprock Group LLC now owns 301,300 shares of the e-commerce giant’s stock worth $66,102,000 after buying an additional 13,760 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Down 2.8 %

NASDAQ AMZN opened at $216.58 on Friday. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $2.30 trillion, a PE ratio of 39.16, a price-to-earnings-growth ratio of 1.54 and a beta of 1.15. The firm’s fifty day simple moving average is $227.88 and its 200-day simple moving average is $204.26.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on AMZN shares. UBS Group increased their price objective on Amazon.com from $230.00 to $264.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Rosenblatt Securities increased their price objective on Amazon.com from $236.00 to $287.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Monness Crespi & Hardt increased their price objective on Amazon.com from $225.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Loop Capital increased their price objective on Amazon.com from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th. Finally, HSBC increased their price objective on Amazon.com from $225.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $260.74.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 5,501 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total value of $1,256,648.44. Following the transaction, the chief executive officer now directly owns 505,318 shares of the company’s stock, valued at approximately $115,434,843.92. This represents a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jonathan Rubinstein sold 4,351 shares of the company’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the transaction, the director now directly owns 88,203 shares in the company, valued at $20,273,459.55. This trade represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 40,852 shares of company stock valued at $9,324,151. 10.80% of the stock is owned by insiders.

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.