Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Lessened by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 491,097 shares of the e-commerce giant’s stock after selling 2,033 shares during the quarter. Amazon.com makes up 4.0% of Braun Stacey Associates Inc.’s investment portfolio, making the stock its 4th largest holding. Braun Stacey Associates Inc.’s holdings in Amazon.com were worth $107,742,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of AMZN. AMF Tjanstepension AB lifted its holdings in Amazon.com by 44.3% during the third quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock worth $492,172,000 after acquiring an additional 811,425 shares during the period. Swedbank AB increased its position in shares of 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 purchasing an additional 183,610 shares during the last quarter. Sassicaia Capital Advisers LLC bought a new stake in shares of Amazon.com during the 3rd quarter worth $279,000. Ellsworth Advisors LLC boosted its holdings in shares of Amazon.com by 8.5% in the 3rd quarter. Ellsworth Advisors LLC now owns 1,739 shares of the e-commerce giant’s stock worth $324,000 after buying an additional 136 shares during the last quarter. Finally, TruWealth Advisors LLC grew its position in Amazon.com by 0.6% during the third quarter. TruWealth Advisors LLC now owns 184,173 shares of the e-commerce giant’s stock valued at $34,317,000 after buying an additional 1,080 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on AMZN. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $270.00 price objective on shares of Amazon.com in a research report on Friday, February 7th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $275.00 price target on shares of Amazon.com in a report on Friday, February 7th. Morgan Stanley increased their price objective on Amazon.com from $230.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Oppenheimer raised their target price on Amazon.com from $230.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Finally, Barclays upped their price target on Amazon.com from $235.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $260.65.

Check Out Our Latest Research Report on AMZN

Amazon.com Price Performance

AMZN opened at $195.74 on Tuesday. The stock has a market capitalization of $2.07 trillion, a P/E ratio of 35.40, a PEG ratio of 1.50 and a beta of 1.19. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The stock has a 50-day moving average price of $221.02 and a 200-day moving average price of $207.92.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate 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 predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the sale, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90. This trade represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,298 shares of company stock valued at $22,871,828. Insiders own 10.80% of the company’s stock.

Amazon.com Profile

(Free Report)

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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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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