Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Reduced by B.O.S.S. Retirement Advisors LLC

B.O.S.S. Retirement Advisors LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 68.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,747 shares of the e-commerce giant’s stock after selling 48,423 shares during the quarter. Amazon.com makes up approximately 1.4% of B.O.S.S. Retirement Advisors LLC’s holdings, making the stock its 17th biggest position. B.O.S.S. Retirement Advisors LLC’s holdings in Amazon.com were worth $4,990,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Compass Wealth Management LLC grew its stake in Amazon.com by 1.7% in the fourth quarter. Compass Wealth Management LLC now owns 6,023 shares of the e-commerce giant’s stock valued at $1,321,000 after purchasing an additional 100 shares in the last quarter. Grange Capital LLC acquired a new stake in shares of Amazon.com in the fourth quarter worth about $1,041,000. Toth Financial Advisory Corp lifted its position in shares of Amazon.com by 3.0% in the fourth quarter. Toth Financial Advisory Corp now owns 19,971 shares of the e-commerce giant’s stock worth $4,381,000 after buying an additional 581 shares during the last quarter. Monte Financial Group LLC lifted its position in shares of Amazon.com by 13.8% in the fourth quarter. Monte Financial Group LLC now owns 1,858 shares of the e-commerce giant’s stock worth $408,000 after buying an additional 226 shares during the last quarter. Finally, AEGON ASSET MANAGEMENT UK Plc lifted its position in shares of Amazon.com by 40.7% in the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 1,705,880 shares of the e-commerce giant’s stock worth $374,168,000 after buying an additional 493,351 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on AMZN shares. Maxim Group boosted their price target on Amazon.com from $260.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Tigress Financial boosted their price target on Amazon.com from $245.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, December 20th. The Goldman Sachs Group boosted their price target on Amazon.com from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Oppenheimer boosted their price target on Amazon.com from $230.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Finally, Evercore ISI boosted their price objective on Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $260.74.

Insider Activity at Amazon.com

In other news, CEO Matthew S. Garman sold 15,260 shares of Amazon.com stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $200.19, for a total value of $3,054,899.40. Following the completion of the sale, the chief executive officer now directly owns 349,261 shares of the company’s stock, valued at approximately $69,918,559.59. This trade represents a 4.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction 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 directly owns 24,912 shares of the company’s stock, valued at $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 sold 24,348 shares of company stock valued at $5,036,214 in the last three months. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Trading Up 0.6 %

AMZN stock opened at $230.37 on Friday. The business has a fifty day moving average price of $227.98 and a 200 day moving average price of $201.78. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The stock has a market capitalization of $2.42 trillion, a price-to-earnings ratio of 41.66, a P/E/G ratio of 1.36 and a beta of 1.15. 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 released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 25.49% and a net margin of 9.29%. Analysts expect that Amazon.com, Inc. will post 6.24 EPS for the current fiscal year.

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.