Vista Private Wealth Partners. LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,510 shares of the e-commerce giant’s stock after selling 143 shares during the period. Vista Private Wealth Partners. LLC’s holdings in Amazon.com were worth $295,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. McElhenny Sheffield Capital Management LLC bought a new position in Amazon.com in the fourth quarter valued at about $27,000. Wells Financial Advisors INC grew its position in Amazon.com by 1,900.0% in the second quarter. Wells Financial Advisors INC now owns 280 shares of the e-commerce giant’s stock valued at $30,000 after acquiring an additional 266 shares during the last quarter. Knott David M Jr bought a new stake in shares of Amazon.com during the second quarter worth about $32,000. Laurel Wealth Planning LLC grew its holdings in shares of Amazon.com by 1,900.0% during the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock worth $34,000 after purchasing an additional 304 shares during the last quarter. Finally, Baron Financial Group LLC grew its holdings in shares of Amazon.com by 1,900.0% during the second quarter. Baron Financial Group LLC now owns 360 shares of the e-commerce giant’s stock worth $38,000 after purchasing an additional 342 shares during the last quarter. Institutional investors own 57.64% of the company’s stock.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of the company’s stock in a transaction on Monday, February 6th. The stock was sold at an average price of $102.90, for a total value of $411,600.00. Following the completion of the transaction, the chief executive officer now owns 529,435 shares in the company, valued at approximately $54,478,861.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 2,299 shares of the company’s stock in a transaction on Tuesday, March 21st. The stock was sold at an average price of $100.34, for a total value of $230,681.66. Following the completion of the transaction, the chief executive officer now owns 138,320 shares in the company, valued at approximately $13,879,028.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 4,000 shares of the company’s stock in a transaction on Monday, February 6th. The shares were sold at an average price of $102.90, for a total value of $411,600.00. Following the completion of the transaction, the chief executive officer now owns 529,435 shares of the company’s stock, valued at approximately $54,478,861.50. The disclosure for this sale can be found here. Insiders sold 73,693 shares of company stock worth $7,225,308 in the last quarter. 12.70% of the stock is currently owned by company insiders.
Amazon.com Trading Down 0.6 %
Amazon.com (NASDAQ:AMZN – Get Rating) last announced its quarterly earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.12). The company had revenue of $149.20 billion for the quarter, compared to the consensus estimate of $145.72 billion. Amazon.com had a positive return on equity of 5.33% and a negative net margin of 0.53%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.39 EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 1.33 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the company. Credit Suisse Group boosted their price target on Amazon.com from $142.00 to $171.00 and gave the stock an “outperform” rating in a report on Monday, January 30th. JMP Securities restated a “market outperform” rating and set a $140.00 price target on shares of Amazon.com in a report on Thursday, March 16th. MKM Partners reduced their price target on Amazon.com from $145.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, January 18th. UBS Group boosted their price target on Amazon.com from $118.00 to $127.00 in a report on Friday, February 3rd. Finally, Robert W. Baird lifted their price objective on Amazon.com from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, February 3rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and forty-one have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $144.72.
About Amazon.com
Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.
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