Lloyd Advisory Services LLC. Has $378,000 Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Lloyd Advisory Services LLC. trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 7.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,721 shares of the e-commerce giant’s stock after selling 139 shares during the quarter. Lloyd Advisory Services LLC.’s holdings in Amazon.com were worth $378,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Accordant Advisory Group Inc boosted its position in Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after buying an additional 100 shares during the last quarter. Icon Wealth Advisors LLC lifted its holdings in Amazon.com by 20.5% during the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after acquiring an additional 25,581 shares in the last quarter. Bull Oak Capital LLC bought a new position in Amazon.com during the third quarter worth about $45,000. Quattro Financial Advisors LLC raised its stake in shares of Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after purchasing an additional 45 shares during the period. Finally, Compass Planning Associates Inc acquired a new stake in shares of Amazon.com in the 4th quarter valued at about $51,000. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at $114,459,618.09. This trade represents a 5.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Shelley Reynolds sold 8,833 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 102,298 shares of company stock worth $22,871,828 in the last quarter. Insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $196.21 on Friday. The stock has a market capitalization of $2.08 trillion, a P/E ratio of 35.48, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. The firm’s fifty day simple moving average is $218.90 and its two-hundred day simple moving average is $208.19. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted 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 24.25%. As a group, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AMZN. HSBC lifted their target price on Amazon.com from $225.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, January 13th. JPMorgan Chase & Co. lifted their price target on Amazon.com from $250.00 to $280.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Mizuho boosted their price objective on Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Telsey Advisory Group reiterated an “outperform” rating and issued a $275.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Finally, Wells Fargo & Company cut their price target on Amazon.com from $207.00 to $203.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $260.65.

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.