Ramsay Stattman Vela & Price Inc. Sells 85 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Ramsay Stattman Vela & Price Inc. reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,375 shares of the e-commerce giant’s stock after selling 85 shares during the quarter. Amazon.com comprises about 1.6% of Ramsay Stattman Vela & Price Inc.’s holdings, making the stock its 26th biggest holding. Ramsay Stattman Vela & Price Inc.’s holdings in Amazon.com were worth $7,654,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. PayPay Securities Corp increased its holdings in shares of Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after purchasing an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its position in Amazon.com by 45.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after buying an additional 86 shares in the last quarter. Strid Group LLC bought a new position in Amazon.com in the 4th quarter worth about $43,000. Harbor Investment Advisory LLC raised its holdings in shares of Amazon.com by 0.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 1,988 shares in the last quarter. Finally, Authentikos Wealth Advisory LLC bought a new stake in shares of Amazon.com during the 3rd quarter valued at about $49,000. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of a number of recent analyst reports. Royal Bank of Canada raised their target price on shares of Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. DA Davidson restated a “buy” rating and set a $235.00 price objective on shares of Amazon.com in a research report on Thursday, April 18th. Rosenblatt Securities reiterated a “buy” rating and issued a $220.00 target price on shares of Amazon.com in a research report on Wednesday, May 1st. Benchmark restated a “buy” rating and issued a $200.00 target price on shares of Amazon.com in a research report on Wednesday, May 1st. Finally, UBS Group increased their price target on shares of Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Buy” and an average target price of $211.62.

Get Our Latest Analysis on Amazon.com

Amazon.com Stock Down 1.1 %

Shares of NASDAQ:AMZN opened at $187.48 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $180.34 and a two-hundred day simple moving average of $162.43. Amazon.com, Inc. has a 12-month low of $109.25 and a 12-month high of $191.70. The stock has a market capitalization of $1.95 trillion, a price-to-earnings ratio of 52.52, a PEG ratio of 1.37 and a beta of 1.15.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.15. The firm had revenue of $143.31 billion during the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s revenue was up 12.5% on a year-over-year basis. During the same period last year, the company earned $0.31 earnings per share. On average, research analysts anticipate that Amazon.com, Inc. will post 4.67 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Jeffrey P. Bezos sold 2,009,208 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $166.79, for a total value of $335,115,802.32. Following the transaction, the insider now owns 938,251,817 shares in the company, valued at $156,491,020,557.43. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CEO Douglas J. Herrington sold 14,300 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $175.00, for a total transaction of $2,502,500.00. Following the sale, the chief executive officer now owns 499,831 shares of the company’s stock, valued at approximately $87,470,425. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey P. Bezos sold 2,009,208 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $166.79, for a total transaction of $335,115,802.32. Following the transaction, the insider now directly owns 938,251,817 shares of the company’s stock, valued at $156,491,020,557.43. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,187,979 shares of company stock valued at $3,440,575,337. Insiders own 10.80% of the company’s stock.

Amazon.com Company Profile

(Free Report)

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.

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

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