Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Trimmed by Acorn Creek Capital LLC

Acorn Creek Capital LLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,854 shares of the e-commerce giant’s stock after selling 292 shares during the quarter. Amazon.com makes up about 1.0% of Acorn Creek Capital LLC’s investment portfolio, making the stock its 16th biggest holding. Acorn Creek Capital LLC’s holdings in Amazon.com were worth $1,942,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in AMZN. International Assets Investment Management LLC grew its holdings in shares of Amazon.com by 20,897.2% during the third quarter. International Assets Investment Management LLC now owns 39,135,449 shares of the e-commerce giant’s stock valued at $72,921,080,000 after purchasing an additional 38,949,065 shares during the last quarter. Parnassus Investments LLC grew its holdings in shares of Amazon.com by 82,457.3% during the third quarter. Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock valued at $2,125,148,000 after purchasing an additional 11,391,479 shares during the last quarter. State Street Corp grew its holdings in shares of Amazon.com by 3.3% during the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after purchasing an additional 11,370,309 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Amazon.com by 3.4% during the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after purchasing an additional 6,545,944 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Amazon.com during the third quarter valued at approximately $492,144,000. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 15,260 shares of the business’s 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 sale, the chief executive officer now directly owns 349,261 shares of the company’s stock, valued at $69,918,559.59. The trade was a 4.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total transaction of $246,237.22. Following the sale, the director now directly 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 51,848 shares of company stock valued at $11,368,639 in the last three months. 10.80% of the stock is currently owned by company insiders.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $228.68 on Monday. The stock has a fifty day moving average of $228.21 and a 200-day moving average of $202.44. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The company has a market capitalization of $2.42 trillion, a PE ratio of 41.35, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating 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, equities analysts anticipate that Amazon.com, Inc. will post 6.24 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wedbush reaffirmed an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a report on Friday, February 7th. Mizuho upped their target price on Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Raymond James increased their price objective on Amazon.com from $260.00 to $275.00 in a report on Monday, February 10th. Phillip Securities lowered Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 10th. Finally, Evercore ISI increased their price objective on Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Two 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 stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $260.74.

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.