Amazon.com, Inc. (NASDAQ:AMZN) is Crossmark Global Holdings Inc.’s 4th Largest Position

Crossmark Global Holdings Inc. lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 573,915 shares of the e-commerce giant’s stock after selling 29,505 shares during the quarter. Amazon.com accounts for about 1.9% of Crossmark Global Holdings Inc.’s holdings, making the stock its 4th biggest position. Crossmark Global Holdings Inc.’s holdings in Amazon.com were worth $106,938,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. Gunderson Capital Management Inc. lifted its stake in shares of Amazon.com by 7.6% in the second quarter. Gunderson Capital Management Inc. now owns 47,090 shares of the e-commerce giant’s stock valued at $9,100,000 after purchasing an additional 3,310 shares during the period. VanderPol Investments L.L.C. increased its holdings in Amazon.com by 6.1% in the second quarter. VanderPol Investments L.L.C. now owns 2,502 shares of the e-commerce giant’s stock valued at $484,000 after buying an additional 143 shares in the last quarter. jvl associates llc lifted its position in shares of Amazon.com by 64.0% during the 2nd quarter. jvl associates llc now owns 5,253 shares of the e-commerce giant’s stock valued at $1,015,000 after acquiring an additional 2,050 shares during the period. Global Trust Asset Management LLC boosted its stake in shares of Amazon.com by 3.3% during the 2nd quarter. Global Trust Asset Management LLC now owns 15,742 shares of the e-commerce giant’s stock worth $3,042,000 after acquiring an additional 502 shares in the last quarter. Finally, Cadent Capital Advisors LLC grew its holdings in shares of Amazon.com by 13.2% in the 2nd quarter. Cadent Capital Advisors LLC now owns 2,047 shares of the e-commerce giant’s stock worth $396,000 after acquiring an additional 239 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the company. DA Davidson reiterated a “buy” rating and set a $235.00 target price on shares of Amazon.com in a research report on Thursday, October 10th. Tigress Financial boosted their price objective on shares of Amazon.com from $245.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday. Monness Crespi & Hardt raised their target price on shares of Amazon.com from $225.00 to $245.00 and gave the company a “buy” rating in a report on Friday, November 1st. Robert W. Baird upped their price target on shares of Amazon.com from $220.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Finally, Needham & Company LLC reissued a “buy” rating and set a $250.00 price objective on shares of Amazon.com in a research note on Tuesday, December 10th. Two equities research analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $243.00.

Amazon.com Trading Up 0.7 %

NASDAQ AMZN opened at $224.92 on Friday. The firm has a market capitalization of $2.37 trillion, a price-to-earnings ratio of 48.16, a PEG ratio of 1.54 and a beta of 1.16. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. Amazon.com, Inc. has a one year low of $144.05 and a one year high of $233.00. The company’s 50 day moving average price is $205.83 and its 200 day moving average price is $191.30.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The business had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. During the same quarter last year, the firm posted $0.85 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. On average, sell-side analysts predict that Amazon.com, Inc. will post 5.29 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total value of $246,237.22. Following the completion of the transaction, the director now owns 24,912 shares in the company, valued at $4,958,982.72. This represents a 4.73 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Zapolsky sold 2,190 shares of the stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total transaction of $427,050.00. Following the completion of the sale, the senior vice president now directly owns 62,420 shares of the company’s stock, valued at $12,171,900. This trade represents a 3.39 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,034,534 shares of company stock valued at $1,253,883,872 over the last three months. 10.80% of the stock is owned by company insiders.

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.