Amazon.com, Inc. $AMZN Shares Sold by Bouchey Financial Group Ltd

Bouchey Financial Group Ltd lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 112,780 shares of the e-commerce giant’s stock after selling 3,880 shares during the period. Amazon.com comprises about 2.0% of Bouchey Financial Group Ltd’s holdings, making the stock its 16th largest position. Bouchey Financial Group Ltd’s holdings in Amazon.com were worth $26,032,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares in the last quarter. State Street Corp increased its holdings in shares of Amazon.com by 2.0% in the 3rd quarter. State Street Corp now owns 381,681,441 shares of the e-commerce giant’s stock valued at $83,805,794,000 after acquiring an additional 7,584,156 shares during the period. Geode Capital Management LLC increased its holdings in shares of Amazon.com by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant’s stock valued at $47,332,625,000 after acquiring an additional 3,721,658 shares during the period. Norges Bank acquired a new position in shares of Amazon.com in the 2nd quarter valued at $27,438,011,000. Finally, Northern Trust Corp increased its holdings in shares of Amazon.com by 0.3% in the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after acquiring an additional 302,858 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $239.89 on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The stock has a market capitalization of $2.58 trillion, a P/E ratio of 33.46, a P/E/G ratio of 1.79 and a beta of 1.38. The company’s fifty day moving average is $211.90 and its two-hundred day moving average is $224.33. Amazon.com, Inc. has a 1 year low of $165.29 and a 1 year high of $258.60.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.02). The firm had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The business’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 earnings per share. On average, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com News Summary

Here are the key news stories impacting Amazon.com this week:

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 6,835 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.82, for a total transaction of $1,406,779.70. Following the transaction, the chief executive officer owned 522,361 shares in the company, valued at approximately $107,512,341.02. The trade was a 1.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Matthew S. Garman sold 17,751 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the transaction, the chief executive officer owned 9,405 shares in the company, valued at $1,930,094.10. The trade was a 65.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 72,686 shares of company stock worth $14,899,239 in the last ninety days. Insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AMZN shares. Stifel Nicolaus cut their target price on shares of Amazon.com from $300.00 to $294.00 and set a “buy” rating on the stock in a report on Monday. KeyCorp set a $285.00 target price on shares of Amazon.com in a report on Friday, February 6th. Daiwa Securities Group cut their target price on shares of Amazon.com from $300.00 to $280.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a report on Tuesday, March 17th. Finally, Cantor Fitzgerald boosted their price target on Amazon.com from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $287.29.

Check Out Our Latest Stock Report on Amazon.com

Amazon.com Company Profile

(Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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

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