AlphaMark Advisors LLC Sells 118 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

AlphaMark Advisors LLC cut its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,696 shares of the e-commerce giant’s stock after selling 118 shares during the period. Amazon.com makes up approximately 1.7% of AlphaMark Advisors LLC’s holdings, making the stock its 17th biggest position. AlphaMark Advisors LLC’s holdings in Amazon.com were worth $3,882,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of AMZN. Hoese & Co LLP bought a new stake in Amazon.com in the third quarter valued at about $37,000. Bull Oak Capital LLC bought a new stake in Amazon.com in the third quarter valued at about $45,000. Values First Advisors Inc. bought a new stake in Amazon.com in the third quarter valued at about $56,000. IFS Advisors LLC increased its stake in Amazon.com by 1,625.0% in the fourth quarter. IFS Advisors LLC now owns 345 shares of the e-commerce giant’s stock valued at $76,000 after acquiring an additional 325 shares during the period. Finally, West Financial Advisors LLC bought a new stake in Amazon.com in the fourth quarter valued at about $88,000. 72.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AMZN shares. BMO Capital Markets reissued an “outperform” rating and issued a $236.00 target price on shares of Amazon.com in a research note on Tuesday, December 3rd. Stifel Nicolaus upped their price objective on shares of Amazon.com from $245.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Barclays upped their price objective on shares of Amazon.com from $235.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Phillip Securities cut shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday. Finally, Susquehanna upped their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the stock a “positive” rating in a research note 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 given a strong buy rating to the company. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $260.74.

Insiders Place Their Bets

In other news, CEO Matthew S. Garman sold 15,260 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $200.19, for a total transaction of $3,054,899.40. Following the completion of 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jonathan Rubinstein sold 4,351 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the sale, the director now directly owns 88,203 shares of the company’s stock, valued at $20,273,459.55. This represents a 4.70 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 24,348 shares of company stock worth $5,036,214. Company insiders own 10.80% of the company’s stock.

Amazon.com Trading Up 0.6 %

AMZN opened at $230.37 on Friday. The firm’s fifty day moving average is $227.98 and its two-hundred day moving average is $201.78. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The firm has a market cap of $2.42 trillion, a PE ratio of 41.66, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share 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%. Equities research analysts anticipate that Amazon.com, Inc. will post 6.24 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.