American Institute for Advanced Investment Management LLP Has $2.66 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

American Institute for Advanced Investment Management LLP trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,142 shares of the e-commerce giant’s stock after selling 170 shares during the quarter. Amazon.com comprises about 2.0% of American Institute for Advanced Investment Management LLP’s portfolio, making the stock its 10th biggest position. American Institute for Advanced Investment Management LLP’s holdings in Amazon.com were worth $2,664,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in AMZN. Fiera Capital Corp lifted its holdings in shares of Amazon.com by 12.5% in the 2nd quarter. Fiera Capital Corp now owns 401,113 shares of the e-commerce giant’s stock worth $77,515,000 after purchasing an additional 44,615 shares in the last quarter. Beck Bode LLC bought a new stake in Amazon.com in the 2nd quarter worth about $651,000. Tairen Capital Ltd increased its position in shares of Amazon.com by 1,177.9% during the second quarter. Tairen Capital Ltd now owns 1,768,335 shares of the e-commerce giant’s stock valued at $341,731,000 after acquiring an additional 1,629,959 shares during the last quarter. Xponance Inc. increased its position in shares of Amazon.com by 2.6% during the 2nd quarter. Xponance Inc. now owns 2,209,547 shares of the e-commerce giant’s stock valued at $426,995,000 after purchasing an additional 55,851 shares during the last quarter. Finally, Marietta Investment Partners LLC increased its holdings in Amazon.com by 32.3% during the second quarter. Marietta Investment Partners LLC now owns 36,409 shares of the e-commerce giant’s stock worth $7,036,000 after buying an additional 8,885 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Jonathan Rubinstein sold 4,351 shares of the stock in a transaction that occurred 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 transaction, the director now owns 88,203 shares in the company, valued at $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 available at this link. Also, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $210.00, for a total transaction of $735,000.00. Following the transaction, the chief executive officer now 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. Insiders sold a total of 40,852 shares of company stock worth $9,324,151 in the last three months. Insiders own 10.80% of the company’s stock.

Amazon.com Stock Down 1.7 %

NASDAQ:AMZN opened at $222.88 on Friday. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The company has a market capitalization of $2.36 trillion, a PE ratio of 40.30, a P/E/G ratio of 1.57 and a beta of 1.15. The firm’s 50-day moving average price is $228.10 and its 200-day moving average price is $203.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN) last released its 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, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AMZN. Morgan Stanley boosted their target price on Amazon.com from $230.00 to $280.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Sanford C. Bernstein lifted their target price on Amazon.com from $235.00 to $265.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Benchmark boosted their price target on shares of Amazon.com from $215.00 to $265.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Jefferies Financial Group upped their price objective on shares of Amazon.com from $235.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $275.00 price target 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 assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and an average target price of $260.74.

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.