Sensible Money LLC decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,526 shares of the e-commerce giant’s stock after selling 104 shares during the period. Amazon.com comprises 0.3% of Sensible Money LLC’s portfolio, making the stock its 26th biggest holding. Sensible Money LLC’s holdings in Amazon.com were worth $774,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in the stock. Quattro Financial Advisors LLC raised its position in shares of Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after acquiring an additional 45 shares during the last quarter. MBM Wealth Consultants LLC boosted its position in shares of Amazon.com by 0.6% in the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after purchasing an additional 48 shares during the last quarter. Semus Wealth Partners LLC grew its stake in shares of Amazon.com by 0.3% during the third quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock worth $3,339,000 after purchasing an additional 49 shares during the period. GGM Financials LLC increased its holdings in Amazon.com by 2.1% in the fourth quarter. GGM Financials LLC now owns 2,463 shares of the e-commerce giant’s stock valued at $540,000 after purchasing an additional 50 shares during the last quarter. Finally, Bell Investment Advisors Inc lifted its stake in Amazon.com by 1.5% in the third quarter. Bell Investment Advisors Inc now owns 3,359 shares of the e-commerce giant’s stock valued at $626,000 after buying an additional 51 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Amazon.com
In related news, SVP David Zapolsky sold 5,848 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.72, for a total value of $1,290,770.56. Following the transaction, the senior vice president now owns 69,162 shares in the company, valued at approximately $15,265,436.64. This represents a 7.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at approximately $26,647,456.60. This represents a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 106,649 shares of company stock worth $23,871,905. Company insiders own 10.80% of the company’s stock.
Amazon.com Stock Down 0.7 %
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. Loop Capital upped their price target on Amazon.com from $275.00 to $285.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Barclays boosted their price objective on shares of Amazon.com from $235.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Telsey Advisory Group reiterated an “outperform” rating and issued a $275.00 target price on shares of Amazon.com in a report on Friday, February 7th. Wedbush reissued an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, February 7th. Finally, Wolfe Research upped their price objective on shares of Amazon.com from $250.00 to $270.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Two 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. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $260.65.
View Our Latest Report on AMZN
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.
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