Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Eagle Strategies LLC

Eagle Strategies LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,828 shares of the e-commerce giant’s stock after selling 243 shares during the quarter. Eagle Strategies LLC’s holdings in Amazon.com were worth $3,924,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of AMZN. Eastover Investment Advisors LLC increased its position in Amazon.com by 1.5% during the third quarter. Eastover Investment Advisors LLC now owns 54,574 shares of the e-commerce giant’s stock worth $6,937,000 after buying an additional 828 shares during the period. Martin Capital Advisors LLP increased its holdings in shares of Amazon.com by 6.9% in the 3rd quarter. Martin Capital Advisors LLP now owns 3,271 shares of the e-commerce giant’s stock valued at $416,000 after acquiring an additional 210 shares during the period. Vanderbilt University acquired a new position in shares of Amazon.com in the 3rd quarter valued at $1,027,000. RFG Advisory LLC raised its position in Amazon.com by 42.4% in the 3rd quarter. RFG Advisory LLC now owns 74,842 shares of the e-commerce giant’s stock valued at $9,514,000 after purchasing an additional 22,284 shares during the last quarter. Finally, WoodTrust Financial Corp boosted its stake in Amazon.com by 0.3% during the 3rd quarter. WoodTrust Financial Corp now owns 113,763 shares of the e-commerce giant’s stock worth $14,462,000 after purchasing an additional 344 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Up 3.4 %

AMZN opened at $179.62 on Monday. Amazon.com, Inc. has a 12 month low of $101.15 and a 12 month high of $189.77. The business has a 50-day moving average of $177.99 and a two-hundred day moving average of $158.98. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The stock has a market capitalization of $1.87 trillion, a price-to-earnings ratio of 61.94, a price-to-earnings-growth ratio of 1.55 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. The firm had revenue of $169.96 billion during the quarter, compared to the consensus estimate of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. Amazon.com’s revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 earnings per share. On average, research analysts expect that Amazon.com, Inc. will post 4.11 earnings per share for the current year.

Insider Activity

In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the transaction, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the sale, the chief executive officer now owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 50,000 shares of Amazon.com stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $168.65, for a total transaction of $8,432,500.00. Following the transaction, the chief executive officer now directly owns 2,014,055 shares in the company, valued at $339,670,375.75. The disclosure for this sale can be found here. Insiders sold 32,214,010 shares of company stock valued at $5,505,889,146 in the last ninety days. Company insiders own 10.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on AMZN shares. Barclays upped their target price on shares of Amazon.com from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. Bank of America lifted their target price on Amazon.com from $185.00 to $204.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Raymond James upped their price target on Amazon.com from $185.00 to $200.00 and gave the stock a “strong-buy” rating in a research note on Friday, February 2nd. Susquehanna lifted their price objective on shares of Amazon.com from $185.00 to $220.00 and gave the company a “positive” rating in a research report on Friday, February 2nd. Finally, Needham & Company LLC restated a “buy” rating and set a $205.00 price objective on shares of Amazon.com in a research report on Thursday, April 18th. One equities research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $205.13.

Amazon.com Profile

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.