YHB Investment Advisors Inc. Sells 1,302 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

YHB Investment Advisors Inc. reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,177 shares of the e-commerce giant’s stock after selling 1,302 shares during the quarter. Amazon.com accounts for 3.4% of YHB Investment Advisors Inc.’s portfolio, making the stock its 3rd largest position. YHB Investment Advisors Inc.’s holdings in Amazon.com were worth $41,026,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the company. China Universal Asset Management Co. Ltd. increased its stake in shares of Amazon.com by 31.6% in the first quarter. China Universal Asset Management Co. Ltd. now owns 182,359 shares of the e-commerce giant’s stock valued at $32,894,000 after buying an additional 43,759 shares in the last quarter. Quent Capital LLC increased its holdings in shares of Amazon.com by 3.3% in the first quarter. Quent Capital LLC now owns 33,729 shares of the e-commerce giant’s stock valued at $6,084,000 after purchasing an additional 1,081 shares in the last quarter. Meeder Asset Management Inc. increased its stake in shares of Amazon.com by 44.0% in the 1st quarter. Meeder Asset Management Inc. now owns 207,028 shares of the e-commerce giant’s stock valued at $37,344,000 after buying an additional 63,291 shares during the period. Meeder Advisory Services Inc. raised its position in shares of Amazon.com by 14.8% during the first quarter. Meeder Advisory Services Inc. now owns 114,940 shares of the e-commerce giant’s stock worth $20,733,000 after acquiring an additional 14,815 shares during the last quarter. Finally, Verus Capital Partners LLC lifted its stake in shares of Amazon.com by 2.9% during the first quarter. Verus Capital Partners LLC now owns 408,608 shares of the e-commerce giant’s stock valued at $73,705,000 after acquiring an additional 11,536 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 15,260 shares of the stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $200.19, for a total transaction of $3,054,899.40. Following the completion of the sale, the chief executive officer now directly owns 349,261 shares in the company, valued at approximately $69,918,559.59. This trade represents a 4.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 5,502 shares of Amazon.com stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $205.81, for a total value of $1,132,366.62. Following the completion of the sale, the chief executive officer now owns 518,911 shares of the company’s stock, valued at approximately $106,797,072.91. The trade was a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,026,683 shares of company stock worth $1,252,148,795 in the last quarter. 10.80% of the stock is owned by insiders.

Amazon.com Trading Up 3.2 %

Shares of AMZN stock opened at $207.86 on Wednesday. Amazon.com, Inc. has a fifty-two week low of $142.81 and a fifty-two week high of $215.90. The stock’s fifty day moving average price is $193.75 and its two-hundred day moving average price is $186.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The company has a market cap of $2.19 trillion, a PE ratio of 44.51, a P/E/G ratio of 1.32 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The firm had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. During the same quarter last year, the business posted $0.85 earnings per share. The company’s quarterly revenue was up 11.0% on a year-over-year basis. Equities analysts predict that Amazon.com, Inc. will post 5.29 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on AMZN. Scotiabank raised their price objective on shares of Amazon.com from $245.00 to $246.00 and gave the company a “sector outperform” rating in a research note on Friday, November 1st. BMO Capital Markets reiterated an “outperform” rating and issued a $236.00 price objective (up from $230.00) on shares of Amazon.com in a research report on Friday, November 1st. JMP Securities lifted their price target on Amazon.com from $265.00 to $285.00 and gave the company a “market outperform” rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft raised their price target on shares of Amazon.com from $225.00 to $232.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Itau BBA Securities cut shares of Amazon.com from an “outperform” rating to a “market perform” rating and set a $186.00 target price for the company. in a report on Friday, August 2nd. Two investment analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $236.20.

Amazon.com 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.