apricus wealth LLC Has $665,000 Position in Amazon.com, Inc. (NASDAQ:AMZN)

apricus wealth LLC lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,033 shares of the e-commerce giant’s stock after selling 180 shares during the period. apricus wealth LLC’s holdings in Amazon.com were worth $665,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Fiera Capital Corp raised its position in shares of Amazon.com by 12.5% during the second quarter. Fiera Capital Corp now owns 401,113 shares of the e-commerce giant’s stock worth $77,515,000 after acquiring an additional 44,615 shares during the last quarter. Mystic Asset Management Inc. increased its position in Amazon.com by 1.6% in the second quarter. Mystic Asset Management Inc. now owns 17,034 shares of the e-commerce giant’s stock worth $3,292,000 after purchasing an additional 274 shares during the period. MayTech Global Investments LLC increased its position in Amazon.com by 1.8% in the second quarter. MayTech Global Investments LLC now owns 222,873 shares of the e-commerce giant’s stock worth $43,070,000 after purchasing an additional 3,904 shares during the period. WINTON GROUP Ltd raised its holdings in Amazon.com by 307.7% during the 2nd quarter. WINTON GROUP Ltd now owns 22,965 shares of the e-commerce giant’s stock worth $4,438,000 after purchasing an additional 17,332 shares during the last quarter. Finally, Nia Impact Advisors LLC acquired a new position in Amazon.com during the 2nd quarter valued at about $222,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of recent research reports. Benchmark boosted their price target on shares of Amazon.com from $215.00 to $265.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Rosenblatt Securities upped their target price on shares of Amazon.com from $236.00 to $287.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Bank of America upped their price objective on Amazon.com from $210.00 to $230.00 and gave the company a “buy” rating in a report on Friday, November 1st. Cantor Fitzgerald restated an “overweight” rating and set a $270.00 target price on shares of Amazon.com in a report on Friday, February 7th. Finally, JMP Securities restated a “market outperform” rating and set a $285.00 target price on shares of Amazon.com in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $260.74.

Amazon.com Stock Down 1.6 %

AMZN stock opened at $228.93 on Thursday. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The business’s 50 day simple moving average is $227.77 and its 200 day simple moving average is $201.59. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $2.43 trillion, a PE ratio of 41.40, a PEG ratio of 1.36 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 25.49%. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.24 EPS for the current year.

Insider Buying and Selling

In related news, CEO Matthew S. Garman sold 15,260 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer now owns 349,261 shares of the company’s stock, valued at $69,918,559.59. This represents a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 5,502 shares of Amazon.com stock in a transaction on 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 completion of the transaction, the chief executive officer now directly owns 518,911 shares of the company’s stock, valued at $106,797,072.91. This represents a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,850 shares of company stock valued at $6,168,581. Insiders own 10.80% of the company’s stock.

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.