Householder Group Estate & Retirement Specialist LLC Sells 18,595 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Householder Group Estate & Retirement Specialist LLC decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 51.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,463 shares of the e-commerce giant’s stock after selling 18,595 shares during the quarter. Amazon.com accounts for approximately 2.9% of Householder Group Estate & Retirement Specialist LLC’s investment portfolio, making the stock its 6th largest position. Householder Group Estate & Retirement Specialist LLC’s holdings in Amazon.com were worth $3,831,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AMZN. Walker Asset Management LLC increased its holdings in Amazon.com by 2.0% in the 4th quarter. Walker Asset Management LLC now owns 8,502 shares of the e-commerce giant’s stock worth $1,865,000 after purchasing an additional 167 shares in the last quarter. Chemistry Wealth Management LLC boosted its stake in shares of Amazon.com by 8.5% during the fourth quarter. Chemistry Wealth Management LLC now owns 50,672 shares of the e-commerce giant’s stock valued at $11,117,000 after purchasing an additional 3,977 shares in the last quarter. Relyea Zuckerberg Hanson LLC grew its holdings in shares of Amazon.com by 6.0% during the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 32,106 shares of the e-commerce giant’s stock worth $7,044,000 after purchasing an additional 1,809 shares during the last quarter. CNB Bank increased its stake in shares of Amazon.com by 1.1% in the fourth quarter. CNB Bank now owns 43,907 shares of the e-commerce giant’s stock valued at $9,633,000 after buying an additional 481 shares during the period. Finally, Saxon Interests Inc. raised its holdings in Amazon.com by 1.0% in the 4th quarter. Saxon Interests Inc. now owns 25,775 shares of the e-commerce giant’s stock valued at $5,655,000 after buying an additional 249 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of several analyst reports. JMP Securities reaffirmed a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research note on Thursday. Telsey Advisory Group lifted their target price on Amazon.com from $215.00 to $235.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. BMO Capital Markets restated an “outperform” rating and set a $236.00 price objective on shares of Amazon.com in a research report on Tuesday, December 3rd. Needham & Company LLC reissued a “buy” rating and set a $250.00 target price on shares of Amazon.com in a research report on Tuesday, January 21st. Finally, The Goldman Sachs Group boosted their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Two investment 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 company. According to MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $249.46.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 5,502 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $205.81, for a total transaction of $1,132,366.62. Following the sale, the chief executive officer now owns 518,911 shares of the company’s stock, valued at approximately $106,797,072.91. This represents a 1.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total value of $246,237.22. Following the transaction, the director now directly owns 24,912 shares of the company’s stock, valued at $4,958,982.72. The trade was a 4.73 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,027,340 shares of company stock valued at $1,252,456,773. 10.80% of the stock is owned by insiders.

Amazon.com Trading Down 1.0 %

NASDAQ AMZN opened at $234.64 on Friday. The stock has a market capitalization of $2.47 trillion, a price-to-earnings ratio of 50.24, a PEG ratio of 1.31 and a beta of 1.14. The business’s fifty day moving average is $222.30 and its 200-day moving average is $198.30. 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 $151.61 and a one year high of $241.77.

Amazon.com (NASDAQ:AMZN) last released 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 analysts’ expectations of $157.28 billion. During the same period in the previous year, the company earned $0.85 earnings per share. The company’s quarterly revenue was up 11.0% on a year-over-year basis. Equities research analysts predict that Amazon.com, Inc. will post 5.39 EPS for the current year.

Amazon.com Company 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.