SC&H Financial Advisors Inc. Has $499,000 Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

SC&H Financial Advisors Inc. cut its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 24.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,680 shares of the e-commerce giant’s stock after selling 888 shares during the period. SC&H Financial Advisors Inc.’s holdings in Amazon.com were worth $499,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Foundations Investment Advisors LLC boosted its position in shares of Amazon.com by 9.7% in the 3rd quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant’s stock worth $34,395,000 after purchasing an additional 16,392 shares during the last quarter. Zhang Financial LLC boosted its position in shares of Amazon.com by 12.9% in the 3rd quarter. Zhang Financial LLC now owns 51,091 shares of the e-commerce giant’s stock worth $9,520,000 after purchasing an additional 5,828 shares during the last quarter. BayBridge Capital Group LLC boosted its position in shares of Amazon.com by 51.8% in the 3rd quarter. BayBridge Capital Group LLC now owns 14,368 shares of the e-commerce giant’s stock worth $2,677,000 after purchasing an additional 4,905 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Amazon.com by 0.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,847,177 shares of the e-commerce giant’s stock worth $550,217,000 after purchasing an additional 14,766 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Amazon.com by 19.2% in the 3rd quarter. GAMMA Investing LLC now owns 119,205 shares of the e-commerce giant’s stock worth $22,211,000 after purchasing an additional 19,231 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com

In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the transaction, the director now owns 24,912 shares in the company, valued at approximately $4,958,982.72. This represents a 4.73 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Matthew S. Garman sold 15,260 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $200.19, for a total value of $3,054,899.40. Following the completion of the transaction, the chief executive officer now owns 349,261 shares of the company’s stock, valued at approximately $69,918,559.59. This represents a 4.19 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,026,683 shares of company stock worth $1,252,148,795. 10.80% of the stock is owned by company insiders.

Amazon.com Price Performance

Shares of AMZN opened at $213.44 on Wednesday. The stock has a market cap of $2.24 trillion, a P/E ratio of 45.70, a P/E/G ratio of 1.41 and a beta of 1.16. The business’s fifty day moving average is $195.51 and its 200 day moving average is $187.34. Amazon.com, Inc. has a 12-month low of $142.81 and a 12-month high of $215.90. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

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

Analyst Ratings Changes

AMZN has been the topic of several recent research reports. Jefferies Financial Group raised their price target on Amazon.com from $225.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Monness Crespi & Hardt raised their price objective on Amazon.com from $225.00 to $245.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. BMO Capital Markets reaffirmed an “outperform” rating and set a $236.00 price objective on shares of Amazon.com in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised their price objective on Amazon.com from $225.00 to $232.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Bank of America raised their price objective on Amazon.com from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty-one have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.