Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,251 shares of the e-commerce giant’s stock after selling 148 shares during the period. Amazon.com comprises 1.0% of Clear Creek Financial Management LLC’s holdings, making the stock its 19th largest position. Clear Creek Financial Management LLC’s holdings in Amazon.com were worth $9,708,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Custom Index Systems LLC grew its holdings in Amazon.com by 0.6% in the fourth quarter. Custom Index Systems LLC now owns 13,954 shares of the e-commerce giant’s stock valued at $3,061,000 after purchasing an additional 78 shares during the period. Heck Capital Advisors LLC acquired a new stake in Amazon.com in the fourth quarter valued at approximately $5,927,000. TriaGen Wealth Management LLC grew its holdings in Amazon.com by 0.8% in the fourth quarter. TriaGen Wealth Management LLC now owns 8,100 shares of the e-commerce giant’s stock valued at $1,777,000 after purchasing an additional 61 shares during the period. West Bancorporation Inc. grew its holdings in Amazon.com by 5.3% in the fourth quarter. West Bancorporation Inc. now owns 4,461 shares of the e-commerce giant’s stock valued at $979,000 after purchasing an additional 225 shares during the period. Finally, Caprock Group LLC grew its holdings in Amazon.com by 4.8% in the fourth quarter. Caprock Group LLC now owns 301,300 shares of the e-commerce giant’s stock valued at $66,102,000 after purchasing an additional 13,760 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction 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 sale, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.09. The trade was a 5.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the completion of the sale, the director now owns 88,203 shares in the company, valued at $20,273,459.55. This represents a 4.70 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 40,852 shares of company stock worth $9,324,151. 10.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Susquehanna raised their price objective on Amazon.com from $220.00 to $230.00 and gave the company a “positive” rating in a report on Friday, November 1st. Evercore ISI lifted their price target on Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price target on Amazon.com from $225.00 to $232.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Royal Bank of Canada lifted their price target on Amazon.com from $255.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Finally, Wells Fargo & Company lowered their price target on Amazon.com from $212.00 to $207.00 and set an “equal weight” rating on the stock in a research note on Friday, February 7th. Two investment 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 MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $260.74.

Amazon.com Price Performance

AMZN stock opened at $216.58 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $2.30 trillion, a PE ratio of 39.16, a P/E/G ratio of 1.54 and a beta of 1.15. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The business’s fifty day moving average price is $227.88 and its 200 day moving average price is $204.26.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating 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%. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

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.