Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 422,244 shares of the e-commerce giant’s stock after selling 2,522 shares during the period. Amazon.com comprises approximately 4.8% of Motley Fool Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Motley Fool Asset Management LLC’s holdings in Amazon.com were worth $43,614,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in AMZN. Fiduciary Planning LLC boosted its position in Amazon.com by 1.5% in the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock valued at $1,138,000 after buying an additional 5 shares in the last quarter. HBC Financial Services PLLC lifted its stake in shares of Amazon.com by 0.8% in the 1st quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock valued at $1,717,000 after acquiring an additional 5 shares during the last quarter. Meridian Investment Counsel Inc. boosted its holdings in shares of Amazon.com by 3.4% during the 1st quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock valued at $492,000 after acquiring an additional 5 shares in the last quarter. Alterna Wealth Management Inc. grew its position in Amazon.com by 1.8% during the 1st quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $942,000 after acquiring an additional 5 shares during the last quarter. Finally, Archetype Wealth Partners increased its holdings in Amazon.com by 3.7% in the 1st quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock worth $552,000 after purchasing an additional 6 shares in the last quarter. 57.96% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $125.07, for a total transaction of $62,535.00. Following the transaction, the chief executive officer now owns 151,780 shares of the company’s stock, valued at approximately $18,983,124.60. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Wednesday, June 21st. The stock was sold at an average price of $125.07, for a total value of $62,535.00. Following the completion of the transaction, the chief executive officer now owns 151,780 shares in the company, valued at approximately $18,983,124.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 21,933 shares of Amazon.com stock in a transaction on Monday, August 21st. The stock was sold at an average price of $133.92, for a total value of $2,937,267.36. Following the sale, the chief executive officer now owns 2,030,868 shares in the company, valued at $271,973,842.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,361,829 shares of company stock valued at $48,444,937. Corporate insiders own 12.70% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on AMZN shares. Piper Jaffray Companies lifted their price target on Amazon.com from $130.00 to $150.00 and gave the company an “overweight” rating in a research note on Wednesday, June 7th. Wolfe Research boosted their target price on shares of Amazon.com from $140.00 to $150.00 in a report on Monday, July 10th. Sanford C. Bernstein raised their price target on shares of Amazon.com from $140.00 to $155.00 and gave the company an “outperform” rating in a research note on Wednesday, July 19th. Bank of America boosted their price objective on shares of Amazon.com from $154.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, August 4th. Finally, Piper Sandler raised their target price on Amazon.com from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, August 24th. Two investment analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $160.87.

View Our Latest Stock Report on Amazon.com

Amazon.com Trading Up 0.1 %

Shares of Amazon.com stock opened at $138.12 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37. The stock has a fifty day simple moving average of $133.12 and a 200 day simple moving average of $116.55. Amazon.com, Inc. has a 12-month low of $81.43 and a 12-month high of $143.63. The company has a market capitalization of $1.43 trillion, a P/E ratio of 108.76, a price-to-earnings-growth ratio of 1.83 and a beta of 1.24.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.29. Amazon.com had a net margin of 2.43% and a return on equity of 9.14%. The firm had revenue of $134.38 billion during the quarter, compared to analyst estimates of $131.54 billion. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 2.23 earnings per share for the current fiscal year.

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 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: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.