Coldstream Capital Management Inc. Has $81.07 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Coldstream Capital Management Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.1% during the fourth quarter, Holdings Channel reports. The firm owned 369,507 shares of the e-commerce giant’s stock after acquiring an additional 7,600 shares during the quarter. Amazon.com comprises about 1.7% of Coldstream Capital Management Inc.’s holdings, making the stock its 12th largest position. Coldstream Capital Management Inc.’s holdings in Amazon.com were worth $81,066,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. increased its position in Amazon.com by 5.1% in the 3rd quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant’s stock valued at $3,757,589,000 after buying an additional 984,570 shares in the last quarter. Syntax Research Inc. increased its position in Amazon.com by 10.8% in the 3rd quarter. Syntax Research Inc. now owns 4,300 shares of the e-commerce giant’s stock valued at $801,000 after buying an additional 420 shares in the last quarter. SK Wealth Management LLC bought a new stake in Amazon.com in the 3rd quarter valued at about $1,142,000. Penney Financial LLC increased its position in Amazon.com by 6.3% in the 3rd quarter. Penney Financial LLC now owns 2,599 shares of the e-commerce giant’s stock valued at $484,000 after buying an additional 155 shares in the last quarter. Finally, Trust Co of the South increased its position in Amazon.com by 25.9% in the 4th quarter. Trust Co of the South now owns 14,741 shares of the e-commerce giant’s stock valued at $3,234,000 after buying an additional 3,028 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the sale, the vice president now owns 119,780 shares in the company, valued at $26,647,456.60. This trade represents a 6.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Keith Brian Alexander sold 1,000 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $210.68, for a total value of $210,680.00. Following the sale, the director now owns 5,465 shares in the company, valued at $1,151,366.20. The trade was a 15.47% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 80,798 shares of company stock worth $17,696,733. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Trading Up 0.2%

Shares of AMZN stock opened at $205.59 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The company has a market capitalization of $2.18 trillion, a PE ratio of 37.18, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The business’s fifty day moving average is $189.33 and its 200 day moving average is $208.77.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. During the same quarter last year, the business posted $0.98 earnings per share. The firm’s revenue was up 8.6% compared to the same quarter last year. On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

AMZN has been the subject of a number of research analyst reports. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $235.00 target price on shares of Amazon.com in a research report on Friday, May 2nd. Rosenblatt Securities boosted their target price on Amazon.com from $287.00 to $288.00 and gave the company a “buy” rating in a research report on Friday, May 2nd. Cantor Fitzgerald boosted their target price on Amazon.com from $230.00 to $240.00 and gave the company an “overweight” rating in a research report on Friday, May 2nd. Raymond James reissued an “outperform” rating and set a $195.00 price objective (down from $275.00) on shares of Amazon.com in a report on Monday, April 21st. Finally, Barclays decreased their price objective on Amazon.com from $265.00 to $240.00 and set an “overweight” rating for the company in a report on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus target price of $244.09.

About Amazon.com

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.