Yousif Capital Management LLC Sells 23,785 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Yousif Capital Management LLC decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,266,964 shares of the e-commerce giant’s stock after selling 23,785 shares during the period. Amazon.com makes up about 1.7% of Yousif Capital Management LLC’s portfolio, making the stock its 3rd largest position. Yousif Capital Management LLC’s holdings in Amazon.com were worth $130,865,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of AMZN. Kavar Capital Partners Group LLC raised its holdings in shares of Amazon.com by 7.6% in the first quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock valued at $3,654,000 after purchasing an additional 79 shares during the last quarter. IFM Investors Pty Ltd raised its holdings in shares of Amazon.com by 21.8% in the first quarter. IFM Investors Pty Ltd now owns 72,911 shares of the e-commerce giant’s stock valued at $237,686,000 after purchasing an additional 13,060 shares during the last quarter. Ironwood Wealth Management LLC. raised its holdings in shares of Amazon.com by 0.8% in the first quarter. Ironwood Wealth Management LLC. now owns 1,810 shares of the e-commerce giant’s stock valued at $5,901,000 after purchasing an additional 15 shares during the last quarter. Markel Corp raised its holdings in shares of Amazon.com by 0.6% in the first quarter. Markel Corp now owns 99,068 shares of the e-commerce giant’s stock valued at $322,956,000 after purchasing an additional 550 shares during the last quarter. Finally, Leelyn Smith LLC raised its holdings in shares of Amazon.com by 24.8% in the first quarter. Leelyn Smith LLC now owns 2,721 shares of the e-commerce giant’s stock valued at $8,870,000 after purchasing an additional 540 shares during the last quarter. Institutional investors and hedge funds own 56.67% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $133.55, for a total transaction of $534,200.00. Following the transaction, the chief executive officer now directly owns 560,301 shares of the company’s stock, valued at $74,828,198.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Adam Selipsky sold 10,760 shares of Amazon.com stock in a transaction on Monday, May 15th. The shares were sold at an average price of $110.33, for a total value of $1,187,150.80. Following the sale, the chief executive officer now owns 150,120 shares in the company, valued at $16,562,739.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $133.55, for a total transaction of $534,200.00. Following the completion of the sale, the chief executive officer now owns 560,301 shares in the company, valued at approximately $74,828,198.55. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 73,305 shares of company stock valued at $8,606,808. 12.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AMZN has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Amazon.com from $130.00 to $125.00 and set a “buy” rating for the company in a report on Tuesday, April 18th. Piper Sandler increased their target price on shares of Amazon.com from $130.00 to $150.00 in a report on Wednesday, June 7th. Bank of America increased their price target on shares of Amazon.com from $154.00 to $174.00 and gave the company a “buy” rating in a research report on Friday. BNP Paribas upgraded shares of Amazon.com from an “underperform” rating to a “neutral” rating and set a $140.00 price target for the company in a research report on Friday. Finally, Sanford C. Bernstein increased their price target on shares of Amazon.com from $140.00 to $155.00 and gave the company an “outperform” rating in a research report on Wednesday, July 19th. Two analysts have rated the stock with a hold rating and forty-six have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $157.89.

Get Our Latest Analysis on AMZN

Amazon.com Trading Up 1.9 %

AMZN stock opened at $142.22 on Tuesday. The company has a market capitalization of $1.46 trillion, a PE ratio of 111.99, a price-to-earnings-growth ratio of 2.67 and a beta of 1.26. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $146.57. The company’s 50 day moving average price is $128.34 and its two-hundred day moving average price is $111.22. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 0.95.

Amazon.com Profile

(Free Report)

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.

Featured Stories

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:AMZNFree Report).

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.