apricus wealth LLC Has $665,000 Stake in Amazon.com, Inc. (NASDAQ:AMZN)

apricus wealth LLC reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 5.6% during the fourth quarter, HoldingsChannel reports. The firm owned 3,033 shares of the e-commerce giant’s stock after selling 180 shares during the quarter. apricus wealth LLC’s holdings in Amazon.com were worth $665,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. DGS Capital Management LLC increased its stake in shares of Amazon.com by 9.6% in the fourth quarter. DGS Capital Management LLC now owns 27,837 shares of the e-commerce giant’s stock valued at $6,107,000 after buying an additional 2,427 shares during the period. Bennett Selby Investments LP raised its stake in shares of Amazon.com by 0.4% during the fourth quarter. Bennett Selby Investments LP now owns 36,534 shares of the e-commerce giant’s stock valued at $8,015,000 after acquiring an additional 158 shares during the last quarter. Firethorn Wealth Partners LLC grew its stake in shares of Amazon.com by 1.0% in the fourth quarter. Firethorn Wealth Partners LLC now owns 13,373 shares of the e-commerce giant’s stock worth $2,934,000 after purchasing an additional 137 shares during the last quarter. Pflug Koory LLC raised its position in Amazon.com by 4.2% during the 4th quarter. Pflug Koory LLC now owns 7,319 shares of the e-commerce giant’s stock worth $1,606,000 after purchasing an additional 298 shares during the last quarter. Finally, PCG Wealth Advisors LLC lifted its holdings in Amazon.com by 1.5% during the 4th quarter. PCG Wealth Advisors LLC now owns 7,284 shares of the e-commerce giant’s stock worth $1,598,000 after buying an additional 110 shares during the period. 72.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent analyst reports. Wells Fargo & Company cut their price objective 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. Loop Capital lifted their target price on Amazon.com from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday. Rosenblatt Securities raised their price objective on shares of Amazon.com from $236.00 to $287.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $270.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Finally, Roth Mkm increased their price objective on shares of Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $260.74.

Insider Activity at Amazon.com

In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the sale, the director now directly owns 24,912 shares in the company, valued at $4,958,982.72. This represents a 4.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Jonathan Rubinstein sold 4,351 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the transaction, the director now owns 88,203 shares of the company’s stock, valued at $20,273,459.55. This trade represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,850 shares of company stock worth $6,168,581. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $228.93 on Thursday. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The stock’s fifty day moving average price is $227.77 and its two-hundred day moving average price is $201.59. The firm has a market cap of $2.43 trillion, a PE ratio of 41.40, a PEG ratio of 1.36 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 25.49%. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.24 EPS for the current year.

Amazon.com Company 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.