Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Decreased by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,463 shares of the e-commerce giant’s stock after selling 1,265 shares during the quarter. Amazon.com comprises 4.7% of S.E.E.D. Planning Group LLC’s holdings, making the stock its 2nd largest position. S.E.E.D. Planning Group LLC’s holdings in Amazon.com were worth $11,770,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Liberty One Investment Management LLC lifted its position in Amazon.com by 1.8% during the fourth quarter. Liberty One Investment Management LLC now owns 30,898 shares of the e-commerce giant’s stock worth $4,695,000 after buying an additional 541 shares in the last quarter. Jmac Enterprises LLC lifted its position in Amazon.com by 1.5% during the fourth quarter. Jmac Enterprises LLC now owns 14,075 shares of the e-commerce giant’s stock worth $2,139,000 after buying an additional 205 shares in the last quarter. Executive Wealth Management LLC increased its stake in Amazon.com by 5.5% during the fourth quarter. Executive Wealth Management LLC now owns 57,995 shares of the e-commerce giant’s stock worth $8,812,000 after acquiring an additional 3,002 shares during the last quarter. Capasso Planning Partners LLC raised its position in Amazon.com by 2.9% in the fourth quarter. Capasso Planning Partners LLC now owns 6,150 shares of the e-commerce giant’s stock valued at $934,000 after purchasing an additional 176 shares during the period. Finally, Albion Financial Group UT grew its holdings in shares of Amazon.com by 0.9% during the 4th quarter. Albion Financial Group UT now owns 193,560 shares of the e-commerce giant’s stock worth $29,410,000 after purchasing an additional 1,704 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on AMZN. Robert W. Baird lifted their target price on shares of Amazon.com from $185.00 to $205.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. TD Cowen lifted their target price on shares of Amazon.com from $200.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Barclays boosted their price target on shares of Amazon.com from $190.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Piper Sandler boosted their price target on shares of Amazon.com from $185.00 to $205.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Finally, Truist Financial boosted their price target on shares of Amazon.com from $195.00 to $216.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. One research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Buy” and an average price target of $205.13.

Insider Activity

In other news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Douglas J. Herrington sold 3,500 shares of the firm’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $180.73, for a total transaction of $632,555.00. Following the completion of the sale, the chief executive officer now directly owns 512,858 shares of the company’s stock, valued at approximately $92,688,826.34. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the sale, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,214,010 shares of company stock valued at $5,505,889,146. Company insiders own 10.30% of the company’s stock.

Amazon.com Trading Up 3.4 %

Shares of AMZN opened at $179.62 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $1.87 trillion, a P/E ratio of 61.94, a PEG ratio of 1.50 and a beta of 1.16. Amazon.com, Inc. has a twelve month low of $101.15 and a twelve month high of $189.77. The firm’s 50-day moving average is $177.99 and its two-hundred day moving average is $158.79.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business had revenue of $169.96 billion for the quarter, compared to the consensus estimate of $165.96 billion. During the same quarter last year, the firm posted $0.21 EPS. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. On average, research analysts predict that Amazon.com, Inc. will post 4.11 earnings per share for the current fiscal 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.