Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Columbia Advisory Partners LLC

Columbia Advisory Partners LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,005 shares of the e-commerce giant’s stock after selling 585 shares during the period. Amazon.com accounts for about 1.2% of Columbia Advisory Partners LLC’s holdings, making the stock its 20th biggest holding. Columbia Advisory Partners LLC’s holdings in Amazon.com were worth $1,317,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of AMZN. Heritage Family Offices LLP acquired a new stake in shares of Amazon.com during the second quarter worth approximately $206,000. Abacus Planning Group Inc. lifted its holdings in Amazon.com by 0.7% in the second quarter. Abacus Planning Group Inc. now owns 129,352 shares of the e-commerce giant’s stock worth $24,997,000 after acquiring an additional 910 shares during the last quarter. Sabal Trust CO boosted its position in Amazon.com by 3.0% during the 2nd quarter. Sabal Trust CO now owns 38,011 shares of the e-commerce giant’s stock valued at $7,346,000 after purchasing an additional 1,106 shares during the period. Cadinha & Co. LLC grew its position in shares of Amazon.com by 726.5% during the second quarter. Cadinha & Co. LLC now owns 81,368 shares of the e-commerce giant’s stock worth $15,724,000 after acquiring an additional 71,523 shares during the last quarter. Finally, United Capital Management of KS Inc. increased its stake in shares of Amazon.com by 1.6% in the second quarter. United Capital Management of KS Inc. now owns 86,517 shares of the e-commerce giant’s stock valued at $16,719,000 after purchasing an additional 1,388 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, Director Jonathan Rubinstein sold 5,004 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $199.85, for a total transaction of $1,000,049.40. Following the completion of the transaction, the director now directly owns 99,396 shares of the company’s stock, valued at $19,864,290.60. This trade represents a 4.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $210.00, for a total value of $735,000.00. Following the completion of the sale, the chief executive officer now owns 524,567 shares in the company, valued at $110,159,070. This trade represents a 0.66 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,032,344 shares of company stock worth $1,253,456,822. Company insiders own 10.80% of the company’s stock.

Amazon.com Trading Down 0.2 %

Shares of AMZN stock opened at $234.85 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $2.47 trillion, a P/E ratio of 50.29, a P/E/G ratio of 1.31 and a beta of 1.14. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $236.40. The stock’s fifty day simple moving average is $219.63 and its 200 day simple moving average is $197.22.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. During the same quarter in the prior year, the firm posted $0.85 earnings per share. The firm’s revenue was up 11.0% compared to the same quarter last year. As a group, sell-side analysts predict that Amazon.com, Inc. will post 5.39 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Amazon.com from $225.00 to $232.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Evercore ISI boosted their price objective on Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Maxim Group upped their price target on Amazon.com from $251.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, November 1st. HSBC lifted their target price on shares of Amazon.com from $225.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $270.00 price objective on shares of Amazon.com in a report on Wednesday. Two analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $249.02.

About Amazon.com

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.