Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Private Capital Advisors Inc.

Private Capital Advisors Inc. decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,823 shares of the e-commerce giant’s stock after selling 1,707 shares during the quarter. Amazon.com comprises 1.8% of Private Capital Advisors Inc.’s holdings, making the stock its 17th largest holding. Private Capital Advisors Inc.’s holdings in Amazon.com were worth $15,099,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. TABR Capital Management LLC acquired a new stake in shares of Amazon.com during the fourth quarter valued at about $520,000. Matthew Goff Investment Advisor LLC boosted its position in shares of Amazon.com by 1.6% during the 4th quarter. Matthew Goff Investment Advisor LLC now owns 9,505 shares of the e-commerce giant’s stock worth $2,085,000 after purchasing an additional 154 shares during the period. Neumann Capital Management LLC increased its holdings in Amazon.com by 2.2% in the 4th quarter. Neumann Capital Management LLC now owns 9,240 shares of the e-commerce giant’s stock valued at $2,027,000 after purchasing an additional 200 shares during the last quarter. Motive Wealth Advisors raised its position in Amazon.com by 11.7% in the fourth quarter. Motive Wealth Advisors now owns 9,323 shares of the e-commerce giant’s stock valued at $2,045,000 after purchasing an additional 974 shares during the period. Finally, MFA Wealth Services acquired a new position in Amazon.com during the fourth quarter worth $1,272,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Wolfe Research boosted their price objective on Amazon.com from $250.00 to $270.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Roth Mkm increased their price target on shares of Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Redburn Atlantic lifted their price objective on shares of Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Oppenheimer increased their target price on shares of Amazon.com from $230.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Finally, TD Cowen boosted their price target on shares of Amazon.com from $240.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $260.52.

Insider Activity at Amazon.com

In other news, Director Jonathan Rubinstein sold 4,351 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.35. Following the completion of the sale, the director now directly owns 88,203 shares of the company’s stock, valued at $20,273,459.55. This trade represents a 4.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total value of $246,237.22. Following the completion of the sale, the director now owns 24,912 shares in the company, valued at approximately $4,958,982.72. This trade represents a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,850 shares of company stock worth $6,168,581 in the last three months. Insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

NASDAQ AMZN opened at $232.76 on Wednesday. The firm has a market cap of $2.45 trillion, a P/E ratio of 42.09, a P/E/G ratio of 1.36 and a beta of 1.15. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The business’s 50-day moving average price is $227.38 and its 200 day moving average price is $201.24. 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, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 25.49% and a net margin of 9.29%. On average, equities research analysts expect that Amazon.com, Inc. will post 6.24 earnings per share 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.