Arlington Financial Advisors LLC Sells 344 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Arlington Financial Advisors LLC lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,399 shares of the e-commerce giant’s stock after selling 344 shares during the period. Amazon.com makes up approximately 1.7% of Arlington Financial Advisors LLC’s portfolio, making the stock its 20th largest position. Arlington Financial Advisors LLC’s holdings in Amazon.com were worth $8,424,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Accordant Advisory Group Inc grew its position in Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after purchasing an additional 100 shares during the period. Hoese & Co LLP bought a new stake in Amazon.com in the 3rd quarter worth approximately $37,000. Quattro Financial Advisors LLC grew its position in Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares during the period. Bull Oak Capital LLC bought a new stake in Amazon.com in the 3rd quarter worth approximately $45,000. Finally, Iron Horse Wealth Management LLC grew its position in Amazon.com by 64.4% in the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock worth $63,000 after purchasing an additional 112 shares during the period. Institutional investors own 72.20% of the company’s stock.

Insider Activity

In related news, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at $26,647,456.60. The trade was a 6.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.35. Following the sale, 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 disclosure for this sale can be found here. In the last three months, insiders have sold 106,649 shares of company stock worth $23,871,905. 10.80% of the stock is currently owned by company insiders.

Amazon.com Price Performance

NASDAQ:AMZN opened at $208.36 on Thursday. The firm has a market capitalization of $2.21 trillion, a price-to-earnings ratio of 37.68, a PEG ratio of 1.50 and a beta of 1.15. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The business has a 50 day simple moving average of $225.12 and a 200-day simple moving average of $206.50. 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 issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (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%. Equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AMZN shares. Roth Mkm lifted their target price on shares of Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Wedbush reissued an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, February 7th. BMO Capital Markets restated an “outperform” rating and issued a $236.00 price target on shares of Amazon.com in a research report on Tuesday, December 3rd. Finally, Tigress Financial lifted their price objective on Amazon.com from $245.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, December 20th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $260.65.

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.