Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 108,313 shares of the e-commerce giant’s stock after selling 2,525 shares during the period. Amazon.com accounts for about 1.3% of Capital Investment Advisory Services LLC’s investment portfolio, making the stock its 8th biggest holding. Capital Investment Advisory Services LLC’s holdings in Amazon.com were worth $13,769,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AMZN. Fiduciary Planning LLC lifted its position in shares of Amazon.com by 1.5% during the 1st quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock valued at $1,138,000 after buying an additional 5 shares during the last quarter. HBC Financial Services PLLC lifted its position in shares of Amazon.com by 0.8% during the 1st quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock valued at $1,717,000 after buying an additional 5 shares during the last quarter. Meridian Investment Counsel Inc. lifted its holdings in Amazon.com by 3.4% during the 1st quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock worth $492,000 after purchasing an additional 5 shares in the last quarter. Alterna Wealth Management Inc. lifted its holdings in Amazon.com by 1.8% during the 1st quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $942,000 after purchasing an additional 5 shares in the last quarter. Finally, Archetype Wealth Partners lifted its holdings in Amazon.com by 3.7% during the 1st quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock worth $552,000 after purchasing an additional 6 shares in the last quarter. 57.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 3,120 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $143.19, for a total value of $446,752.80. Following the completion of the transaction, the vice president now owns 119,780 shares in the company, valued at $17,151,298.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Adam Selipsky sold 10,756 shares of the stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $144.60, for a total transaction of $1,555,317.60. Following the completion of the sale, the chief executive officer now owns 117,904 shares in the company, valued at $17,048,918.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Shelley Reynolds sold 3,120 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $143.19, for a total transaction of $446,752.80. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $17,151,298.20. The disclosure for this sale can be found here. Insiders sold 61,829 shares of company stock worth $8,885,713 over the last 90 days. Corporate insiders own 12.70% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $170.53 on Thursday. The firm has a market capitalization of $1.77 trillion, a PE ratio of 58.80, a price-to-earnings-growth ratio of 1.50 and a beta of 1.14. The business’s fifty day moving average price is $153.39 and its 200 day moving average price is $141.60. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. Amazon.com, Inc. has a 12 month low of $88.12 and a 12 month high of $172.50.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The company had revenue of $169.96 billion during the quarter, compared to the consensus estimate of $165.96 billion. During the same quarter in the prior year, the firm posted $0.21 earnings per share. Amazon.com’s revenue for the quarter was up 13.9% on a year-over-year basis. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 3.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Benchmark raised their price target on Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Evercore ISI raised their price target on Amazon.com from $195.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Stifel Nicolaus raised their price target on Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Bank of America increased their price objective on Amazon.com from $185.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, Sanford C. Bernstein increased their price objective on Amazon.com from $175.00 to $200.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $197.95.

Check Out Our Latest Analysis on Amazon.com

Amazon.com Company Profile

(Free Report)

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.

Further Reading

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

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