Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 38.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 122,958 shares of the e-commerce giant’s stock after selling 75,603 shares during the period. GW Henssler & Associates Ltd.’s holdings in Amazon.com were worth $18,682,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Amazon.com by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock worth $96,350,832,000 after buying an additional 32,038,029 shares during the last quarter. FMR LLC raised its stake in Amazon.com by 7.7% during the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock worth $38,403,135,000 after acquiring an additional 21,649,871 shares during the period. Northern Trust Corp lifted its holdings in Amazon.com by 3.7% in the third quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock worth $11,736,905,000 after acquiring an additional 3,260,411 shares during the last quarter. Jennison Associates LLC boosted its stake in Amazon.com by 28.4% in the third quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock valued at $6,989,254,000 after acquiring an additional 12,176,114 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Amazon.com by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 50,395,031 shares of the e-commerce giant’s stock valued at $6,406,216,000 after acquiring an additional 1,374,052 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Up 3.4 %

Shares of AMZN opened at $179.62 on Monday. The business’s 50-day moving average price is $177.99 and its 200 day moving average price is $158.98. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $1.87 trillion, a P/E ratio of 61.94, a P/E/G ratio of 1.55 and a beta of 1.16. Amazon.com, Inc. has a 1-year low of $101.15 and a 1-year high of $189.77.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping the consensus estimate of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The company had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. During the same period last year, the company posted $0.21 earnings per share. The business’s revenue for the quarter was up 13.9% on a year-over-year basis. Analysts expect that Amazon.com, Inc. will post 4.11 earnings per share for the current year.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of research reports. Wells Fargo & Company increased their price target on Amazon.com from $211.00 to $217.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $205.00 target price on shares of Amazon.com in a research report on Thursday, April 18th. Robert W. Baird boosted their price target on shares of Amazon.com from $185.00 to $205.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Citigroup upped their price target on shares of Amazon.com from $215.00 to $235.00 and gave the stock a “buy” rating in a research report on Wednesday, April 24th. Finally, Truist Financial lifted their price objective on shares of Amazon.com from $195.00 to $216.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. One investment analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $205.13.

Insider Buying and Selling

In other news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the sale, the vice president now owns 119,780 shares in the company, valued at $20,239,226.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total transaction of $92,000.00. Following the transaction, the chief executive officer now owns 131,600 shares in the company, valued at approximately $24,214,400. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total transaction of $523,807.00. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $20,239,226.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,214,010 shares of company stock valued at $5,505,889,146. Company insiders own 10.30% of the company’s stock.

About Amazon.com

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.