Amazon.com, Inc. (NASDAQ:AMZN) Holdings Lowered by Consilio Wealth Advisors LLC

Consilio Wealth Advisors LLC trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 10.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,402 shares of the e-commerce giant’s stock after selling 5,403 shares during the quarter. Amazon.com accounts for approximately 4.0% of Consilio Wealth Advisors LLC’s holdings, making the stock its 9th biggest holding. Consilio Wealth Advisors LLC’s holdings in Amazon.com were worth $9,741,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in AMZN. Persium Advisors LLC bought a new stake in Amazon.com in the fourth quarter valued at $793,000. Claro Advisors LLC boosted its holdings in shares of Amazon.com by 1.8% during the 4th quarter. Claro Advisors LLC now owns 77,097 shares of the e-commerce giant’s stock valued at $16,914,000 after buying an additional 1,331 shares in the last quarter. Abound Wealth Management raised its position in shares of Amazon.com by 4.5% in the 4th quarter. Abound Wealth Management now owns 9,618 shares of the e-commerce giant’s stock worth $2,110,000 after purchasing an additional 414 shares during the last quarter. Sivia Capital Partners LLC raised its position in shares of Amazon.com by 2.4% in the 4th quarter. Sivia Capital Partners LLC now owns 34,813 shares of the e-commerce giant’s stock worth $7,638,000 after purchasing an additional 827 shares during the last quarter. Finally, Enterprise Bank & Trust Co raised its position in shares of Amazon.com by 2.1% in the 4th quarter. Enterprise Bank & Trust Co now owns 44,690 shares of the e-commerce giant’s stock worth $9,805,000 after purchasing an additional 927 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance

Shares of AMZN stock opened at $235.42 on Friday. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $235.52. The stock’s 50-day moving average is $219.15 and its 200 day moving average is $196.95. The company has a market cap of $2.48 trillion, a P/E ratio of 50.41, a PEG ratio of 1.29 and a beta of 1.14. 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 (NASDAQ:AMZN) last issued its quarterly earnings data 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 return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. During the same quarter last year, the company earned $0.85 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Research analysts predict that Amazon.com, Inc. will post 5.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the subject of several recent analyst reports. Oppenheimer lifted their price target on Amazon.com from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. JPMorgan Chase & Co. upped their price target on shares of Amazon.com from $250.00 to $280.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Scotiabank boosted their price objective on Amazon.com from $245.00 to $246.00 and gave the company a “sector outperform” rating in a research note on Friday, November 1st. Moffett Nathanson boosted their price objective on Amazon.com from $235.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Sanford C. Bernstein upped their price target on Amazon.com from $235.00 to $265.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 18th. Two equities research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $247.72.

Insider Activity at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 5,004 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $199.85, for a total transaction of $1,000,049.40. Following the sale, the director now owns 99,396 shares in the company, valued at approximately $19,864,290.60. The trade was a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 5,502 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $205.81, for a total value of $1,132,366.62. Following the sale, the chief executive officer now owns 518,911 shares in the company, valued at approximately $106,797,072.91. The trade was a 1.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,032,344 shares of company stock valued at $1,253,456,822 in the last three months. 10.80% of the stock is owned by insiders.

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.