Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Trimmed by Beaton Management Co. Inc.

Beaton Management Co. Inc. reduced its position 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 institutional investor owned 27,242 shares of the e-commerce giant’s stock after selling 100 shares during the quarter. Amazon.com accounts for about 3.0% of Beaton Management Co. Inc.’s holdings, making the stock its 4th largest holding. Beaton Management Co. Inc.’s holdings in Amazon.com were worth $5,977,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Accordant Advisory Group Inc increased its position in shares of Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after acquiring an additional 100 shares during the period. Icon Wealth Advisors LLC grew its stake in shares of Amazon.com by 20.5% in the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after purchasing an additional 25,581 shares during the last quarter. Bull Oak Capital LLC purchased a new position in Amazon.com during the 3rd quarter valued at about $45,000. Quattro Financial Advisors LLC raised its position in 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 purchasing an additional 45 shares during the last quarter. Finally, Values First Advisors Inc. purchased a new stake in Amazon.com in the 3rd quarter worth approximately $56,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $195.74 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The stock has a 50-day simple moving average of $221.02 and a two-hundred day simple moving average of $207.92. The firm has a market capitalization of $2.07 trillion, a PE ratio of 35.40, a P/E/G 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.

Amazon.com (NASDAQ:AMZN) last released 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 net margin of 9.29% and a return on equity of 24.25%. Analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In related news, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the sale, the chief executive officer now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 5,501 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total value of $1,256,648.44. Following the completion of the transaction, the chief executive officer now owns 505,318 shares of the company’s stock, valued at $115,434,843.92. The trade was a 1.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 102,298 shares of company stock worth $22,871,828 in the last three months. Company insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research reports. TD Cowen upped their price objective on shares of Amazon.com from $240.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Cantor Fitzgerald reissued an “overweight” rating and issued a $270.00 price target on shares of Amazon.com in a research note on Friday, February 7th. JPMorgan Chase & Co. lifted their price objective on Amazon.com from $250.00 to $280.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Sanford C. Bernstein raised their target price on Amazon.com from $235.00 to $265.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Finally, Stifel Nicolaus upped their price target on Amazon.com from $245.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $260.65.

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.