Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Autumn Glory Partners LLC

Autumn Glory Partners LLC lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 38.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,501 shares of the e-commerce giant’s stock after selling 4,641 shares during the period. Autumn Glory Partners LLC’s holdings in Amazon.com were worth $1,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. AMF Tjanstepension AB raised its holdings in shares of Amazon.com by 44.3% in the third quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock valued at $492,172,000 after buying an additional 811,425 shares during the last quarter. Swedbank AB increased its holdings in Amazon.com by 1.4% during the 3rd quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock valued at $2,484,864,000 after acquiring an additional 183,610 shares in the last quarter. First Pacific Financial lifted its stake in Amazon.com by 7.2% in the 3rd quarter. First Pacific Financial now owns 4,274 shares of the e-commerce giant’s stock valued at $796,000 after buying an additional 286 shares in the last quarter. Keystone Wealth Services LLC boosted its stake in shares of Amazon.com by 27.0% during the third quarter. Keystone Wealth Services LLC now owns 20,299 shares of the e-commerce giant’s stock valued at $3,782,000 after acquiring an additional 4,312 shares during the last quarter. Finally, Dover Advisors LLC raised its position in shares of Amazon.com by 6.9% in the third quarter. Dover Advisors LLC now owns 24,761 shares of the e-commerce giant’s stock valued at $4,614,000 after buying an additional 1,606 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on AMZN. Maxim Group raised their price target on Amazon.com from $260.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Morgan Stanley raised their price objective on Amazon.com from $230.00 to $280.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Barclays upped their price objective on shares of Amazon.com from $235.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Needham & Company LLC reiterated a “buy” rating and issued a $250.00 price target on shares of Amazon.com in a report on Friday, February 7th. Finally, Scotiabank increased their price target on Amazon.com from $246.00 to $306.00 and gave the stock a “sector outperform” rating in a research report on Friday, January 24th. 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’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $260.65.

Amazon.com Stock Performance

Shares of AMZN stock opened at $193.89 on Friday. The company has a market capitalization of $2.05 trillion, a P/E ratio of 35.06, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company’s 50 day moving average price is $222.18 and its two-hundred day moving average price is $207.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data 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 net margin of 9.29% and a return on equity of 24.25%. On average, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In related news, SVP David Zapolsky sold 19,212 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $217.50, for a total value of $4,178,610.00. Following the completion of the transaction, the senior vice president now directly owns 49,950 shares of the company’s stock, valued at approximately $10,864,125. This trade represents a 27.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the company’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 sale, the vice president now directly owns 119,780 shares in the company, valued at $26,647,456.60. This trade represents a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 102,298 shares of company stock worth $22,871,828 in the last three months. Insiders own 10.80% of the company’s stock.

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.