Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Reduced by Lion Street Advisors LLC

Lion Street Advisors LLC lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,746 shares of the e-commerce giant’s stock after selling 291 shares during the quarter. Amazon.com makes up about 1.7% of Lion Street Advisors LLC’s holdings, making the stock its 9th largest position. Lion Street Advisors LLC’s holdings in Amazon.com were worth $5,210,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of AMZN. AMF Tjanstepension AB lifted its stake in Amazon.com by 44.3% in the 3rd quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock valued at $492,172,000 after buying an additional 811,425 shares in the last quarter. Czech National Bank lifted its stake in Amazon.com by 9.0% in the 3rd quarter. Czech National Bank now owns 1,902,873 shares of the e-commerce giant’s stock valued at $354,562,000 after buying an additional 157,761 shares in the last quarter. Goelzer Investment Management Inc. lifted its stake in Amazon.com by 1.6% in the 3rd quarter. Goelzer Investment Management Inc. now owns 48,371 shares of the e-commerce giant’s stock valued at $9,013,000 after buying an additional 757 shares in the last quarter. Seneca House Advisors lifted its stake in Amazon.com by 9.7% in the 3rd quarter. Seneca House Advisors now owns 3,181 shares of the e-commerce giant’s stock valued at $593,000 after buying an additional 282 shares in the last quarter. Finally, Central Valley Advisors LLC lifted its stake in Amazon.com by 2.0% in the 3rd quarter. Central Valley Advisors LLC now owns 22,914 shares of the e-commerce giant’s stock valued at $4,270,000 after buying an additional 444 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. This represents a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the transaction, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90. This represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 110,149 shares of company stock worth $24,606,905 in the last quarter. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Stock Up 1.7 %

Shares of NASDAQ AMZN opened at $212.32 on Friday. The company has a market capitalization of $2.25 trillion, a P/E ratio of 38.39, a price-to-earnings-growth ratio of 1.50 and a beta of 1.15. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The company’s 50 day moving average price is $226.44 and its 200-day moving average price is $205.85.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating 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%. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

AMZN has been the subject of several analyst reports. BMO Capital Markets reiterated an “outperform” rating and issued a $236.00 price target on shares of Amazon.com in a report on Tuesday, December 3rd. TD Cowen boosted their price target on Amazon.com from $240.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, December 12th. DA Davidson boosted their price target on Amazon.com from $235.00 to $280.00 and gave the company a “buy” rating in a report on Friday, February 7th. Wells Fargo & Company cut their price target on Amazon.com from $207.00 to $203.00 and set an “equal weight” rating for the company in a report on Tuesday, February 25th. Finally, Wedbush reiterated an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $260.65.

About Amazon.com

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.