Bender Robert & Associates Has $13.19 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Bender Robert & Associates decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 156,968 shares of the e-commerce giant’s stock after selling 418 shares during the period. Amazon.com makes up approximately 4.9% of Bender Robert & Associates’ holdings, making the stock its 4th biggest position. Bender Robert & Associates’ holdings in Amazon.com were worth $13,185,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. McElhenny Sheffield Capital Management LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $27,000. Retirement Financial Solutions LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $32,000. Laurel Wealth Planning LLC boosted its holdings in shares of Amazon.com by 1,900.0% in the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 304 shares in the last quarter. Swaine & Leidel Wealth Services LLC bought a new position in shares of Amazon.com in the first quarter valued at approximately $38,000. Finally, Cowa LLC bought a new position in shares of Amazon.com in the third quarter valued at approximately $40,000. Institutional investors own 57.64% of the company’s stock.

Insider Activity

In other news, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction dated Monday, February 6th. The shares were sold at an average price of $102.90, for a total transaction of $411,600.00. Following the sale, the chief executive officer now directly owns 529,435 shares in the company, valued at approximately $54,478,861.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Wednesday, April 5th. The shares were sold at an average price of $101.67, for a total transaction of $50,835.00. Following the sale, the chief executive officer now directly owns 137,300 shares in the company, valued at approximately $13,959,291. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction dated Monday, February 6th. The shares were sold at an average price of $102.90, for a total transaction of $411,600.00. Following the sale, the chief executive officer now owns 529,435 shares in the company, valued at $54,478,861.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 77,613 shares of company stock worth $7,590,810. Corporate insiders own 12.30% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research reports. Oppenheimer reduced their target price on shares of Amazon.com from $135.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, April 6th. Credit Suisse Group reduced their target price on shares of Amazon.com from $150.00 to $140.00 in a report on Tuesday, April 25th. Morgan Stanley raised their target price on shares of Amazon.com from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Friday, February 3rd. Rosenblatt Securities raised their target price on shares of Amazon.com from $106.00 to $111.00 in a report on Friday, April 28th. Finally, Wells Fargo & Company decreased their price objective on shares of Amazon.com from $155.00 to $145.00 in a research note on Friday, February 3rd. Three investment analysts have rated the stock with a hold rating and forty-one have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $143.12.

Amazon.com Stock Performance

NASDAQ AMZN opened at $103.65 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.72. The firm has a market capitalization of $1.06 trillion, a price-to-earnings ratio of 246.79, a P/E/G ratio of 4.44 and a beta of 1.26. The company’s fifty day moving average is $99.46 and its two-hundred day moving average is $97.17. Amazon.com, Inc. has a 52-week low of $81.43 and a 52-week high of $146.57.

Amazon.com (NASDAQ:AMZNGet Rating) last posted its quarterly earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.09. Amazon.com had a net margin of 0.82% and a return on equity of 6.02%. The company had revenue of $127.36 billion for the quarter, compared to analyst estimates of $124.57 billion. During the same period last year, the business posted $0.21 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. Equities research analysts forecast that Amazon.com, Inc. will post 1.37 EPS for the current year.

Amazon.com Profile

(Get Rating)

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.

Featured Articles

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNGet Rating).

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.