Vista Investment Partners LLC Has $1.01 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Vista Investment Partners LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 6.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 5,443 shares of the e-commerce giant’s stock after selling 379 shares during the period. Vista Investment Partners LLC’s holdings in Amazon.com were worth $1,014,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. China Universal Asset Management Co. Ltd. increased its position in Amazon.com by 31.6% during the first quarter. China Universal Asset Management Co. Ltd. now owns 182,359 shares of the e-commerce giant’s stock worth $32,894,000 after acquiring an additional 43,759 shares during the period. Crown Wealth Group LLC grew its position in shares of Amazon.com by 18.5% during the 1st quarter. Crown Wealth Group LLC now owns 20,478 shares of the e-commerce giant’s stock worth $3,694,000 after purchasing an additional 3,193 shares in the last quarter. Better Money Decisions LLC increased its holdings in shares of Amazon.com by 3.3% during the first quarter. Better Money Decisions LLC now owns 8,449 shares of the e-commerce giant’s stock worth $1,524,000 after purchasing an additional 266 shares during the period. Tokio Marine Asset Management Co. Ltd. raised its position in shares of Amazon.com by 1.7% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 438,822 shares of the e-commerce giant’s stock valued at $79,155,000 after buying an additional 7,466 shares in the last quarter. Finally, CNB Bank boosted its stake in shares of Amazon.com by 3.7% in the first quarter. CNB Bank now owns 36,264 shares of the e-commerce giant’s stock valued at $6,541,000 after buying an additional 1,280 shares during the period. 72.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

AMZN has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on Amazon.com from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, November 1st. Maxim Group upped their price objective on shares of Amazon.com from $251.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Wells Fargo & Company downgraded shares of Amazon.com from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $225.00 to $183.00 in a research note on Monday, October 7th. Truist Financial boosted their target price on shares of Amazon.com from $265.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Stifel Nicolaus increased their price target on shares of Amazon.com from $224.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $235.45.

Check Out Our Latest Analysis on AMZN

Amazon.com Price Performance

Amazon.com stock opened at $202.61 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. Amazon.com, Inc. has a one year low of $139.52 and a one year high of $215.90. The firm has a market capitalization of $2.13 trillion, a P/E ratio of 43.39, a PEG ratio of 1.36 and a beta of 1.14. The business has a fifty day moving average price of $191.16 and a 200-day moving average price of $185.81.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The business had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. During the same quarter last year, the company earned $0.85 EPS. The firm’s revenue was up 11.0% compared to the same quarter last year. As a group, equities research analysts forecast that Amazon.com, Inc. will post 5.27 EPS for the current year.

Insider Activity

In other Amazon.com news, insider Jeffrey P. Bezos sold 2,996,362 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $206.75, for a total value of $619,497,843.50. Following the sale, the insider now owns 914,420,614 shares of the company’s stock, valued at $189,056,461,944.50. This trade represents a 0.33 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Shelley Reynolds sold 3,791 shares of Amazon.com stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total value of $686,322.64. Following the sale, the vice president now owns 121,461 shares of the company’s stock, valued at approximately $21,989,299.44. This trade represents a 3.03 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,053,349 shares of company stock worth $1,256,503,289. 10.80% of the stock is owned by company insiders.

About Amazon.com

(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.

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

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