Windsor Capital Management LLC Sells 243 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Windsor Capital Management LLC reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,922 shares of the e-commerce giant’s stock after selling 243 shares during the period. Windsor Capital Management LLC’s holdings in Amazon.com were worth $527,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in AMZN. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the fourth quarter valued at about $30,000. E Fund Management Hong Kong Co. Ltd. raised its position in Amazon.com by 45.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after acquiring an additional 86 shares during the period. Strid Group LLC bought a new stake in Amazon.com in the fourth quarter worth about $43,000. Harbor Investment Advisory LLC raised its position in Amazon.com by 0.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 1,988 shares during the period. Finally, Clarity Asset Management Inc. bought a new stake in Amazon.com in the fourth quarter worth about $46,000. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total transaction of $92,000.00. Following the completion of the sale, the chief executive officer now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the completion of the sale, the chief executive officer now directly owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 3,500 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $180.29, for a total transaction of $631,015.00. Following the completion of the sale, the chief executive officer now directly owns 509,358 shares of the company’s stock, valued at $91,832,153.82. The disclosure for this sale can be found here. Insiders sold 65,338 shares of company stock valued at $11,894,344 in the last quarter. Company insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $193.25 on Friday. The firm has a market cap of $2.01 trillion, a P/E ratio of 54.13, a P/E/G ratio of 1.42 and a beta of 1.14. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. The firm’s fifty day moving average is $183.87 and its 200 day moving average is $173.11. Amazon.com, Inc. has a 52 week low of $118.35 and a 52 week high of $199.84.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.15. The business had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The firm’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.31 EPS. Research analysts predict that Amazon.com, Inc. will post 4.72 earnings per share for the current year.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research reports. Robert W. Baird lifted their price objective on shares of Amazon.com from $210.00 to $213.00 and gave the stock an “outperform” rating in a research report on Friday, June 21st. Truist Financial boosted their price target on shares of Amazon.com from $216.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Loop Capital boosted their price target on shares of Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Mizuho boosted their price target on shares of Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Finally, Oppenheimer boosted their price target on shares of Amazon.com from $210.00 to $220.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. One analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $215.86.

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.