USAdvisors Wealth Management LLC Sells 124 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

USAdvisors Wealth Management LLC reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,901 shares of the e-commerce giant’s stock after selling 124 shares during the period. USAdvisors Wealth Management LLC’s holdings in Amazon.com were worth $1,075,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of AMZN. International Assets Investment Management LLC boosted its stake 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 period. Parnassus Investments LLC lifted its holdings in Amazon.com by 82,457.3% during the 3rd quarter. Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock valued at $2,125,148,000 after buying an additional 11,391,479 shares in the last quarter. State Street Corp boosted its position in Amazon.com by 3.3% in the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after buying an additional 11,370,309 shares during the period. Geode Capital Management LLC grew its stake in Amazon.com by 3.4% in the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock worth $37,116,341,000 after acquiring an additional 6,545,944 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Amazon.com during the third quarter worth approximately $492,144,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In related news, Director Jonathan Rubinstein sold 4,351 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the completion of the transaction, the director now directly owns 88,203 shares of the company’s stock, valued at approximately $20,273,459.55. This represents a 4.70 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $210.00, for a total value of $735,000.00. Following the completion of the sale, the chief executive officer now directly owns 524,567 shares in the company, valued at $110,159,070. This represents a 0.66 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 40,852 shares of company stock valued at $9,324,151. 10.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Wells Fargo & Company decreased their target price on Amazon.com from $212.00 to $207.00 and set an “equal weight” rating for the company in a research report on Friday, February 7th. Raymond James lifted their price objective on Amazon.com from $260.00 to $275.00 in a report on Monday, February 10th. TD Cowen increased their target price on shares of Amazon.com from $240.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Loop Capital boosted their price target on shares of Amazon.com from $275.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. Finally, Sanford C. Bernstein increased their price objective on shares of Amazon.com from $235.00 to $265.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.74.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $226.63 on Thursday. The stock’s fifty day simple moving average is $228.22 and its 200 day simple moving average is $203.44. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $2.40 trillion, a PE ratio of 40.98, a PEG ratio of 1.58 and a beta of 1.15. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.