Vantage Wealth Decreases Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Vantage Wealth lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 9.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 105,090 shares of the e-commerce giant’s stock after selling 11,090 shares during the quarter. Amazon.com comprises approximately 5.0% of Vantage Wealth’s portfolio, making the stock its 3rd largest holding. Vantage Wealth’s holdings in Amazon.com were worth $23,056,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Compass Wealth Management LLC increased its stake in Amazon.com by 1.7% in the fourth quarter. Compass Wealth Management LLC now owns 6,023 shares of the e-commerce giant’s stock valued at $1,321,000 after acquiring an additional 100 shares during the last quarter. Grange Capital LLC bought a new position in Amazon.com in the fourth quarter valued at $1,041,000. Toth Financial Advisory Corp increased its stake in Amazon.com by 3.0% in the fourth quarter. Toth Financial Advisory Corp now owns 19,971 shares of the e-commerce giant’s stock valued at $4,381,000 after acquiring an additional 581 shares during the last quarter. Monte Financial Group LLC increased its stake in Amazon.com by 13.8% in the fourth quarter. Monte Financial Group LLC now owns 1,858 shares of the e-commerce giant’s stock valued at $408,000 after acquiring an additional 226 shares during the last quarter. Finally, AEGON ASSET MANAGEMENT UK Plc grew its stake in shares of Amazon.com by 40.7% during the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 1,705,880 shares of the e-commerce giant’s stock valued at $374,168,000 after buying an additional 493,351 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $230.37 on Friday. The company has a market capitalization of $2.42 trillion, a price-to-earnings ratio of 41.66, a P/E/G ratio of 1.36 and a beta of 1.15. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The company has a 50 day simple moving average of $227.98 and a two-hundred day simple moving average of $201.78. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 25.49%. Analysts expect that Amazon.com, Inc. will post 6.24 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $210.00, for a total transaction of $735,000.00. Following the transaction, the chief executive officer now owns 524,567 shares in the company, valued at $110,159,070. This trade represents a 0.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction on Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the transaction, 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 quarter, insiders sold 24,348 shares of company stock valued at $5,036,214. Company insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AMZN. Sanford C. Bernstein raised their price objective on Amazon.com from $235.00 to $265.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. HSBC raised their price objective on Amazon.com from $225.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Deutsche Bank Aktiengesellschaft raised their price objective on Amazon.com from $225.00 to $232.00 and gave the company a “buy” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. raised their price objective on Amazon.com from $250.00 to $280.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $250.00 target price on shares of Amazon.com in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.74.

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.