West Bancorporation Inc. Trims Stake in Amazon.com, Inc. (NASDAQ:AMZN)

West Bancorporation Inc. lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,336 shares of the e-commerce giant’s stock after selling 108 shares during the quarter. West Bancorporation Inc.’s holdings in Amazon.com were worth $659,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Blossom Wealth Management lifted its position in Amazon.com by 30.2% during the 4th quarter. Blossom Wealth Management now owns 4,913 shares of the e-commerce giant’s stock valued at $746,000 after acquiring an additional 1,140 shares during the period. Gruss & Co. LLC lifted its holdings in shares of Amazon.com by 114.3% during the fourth quarter. Gruss & Co. LLC now owns 4,500 shares of the e-commerce giant’s stock valued at $684,000 after purchasing an additional 2,400 shares during the last quarter. Cherry Creek Investment Advisors Inc. boosted its position in shares of Amazon.com by 1.0% in the 4th quarter. Cherry Creek Investment Advisors Inc. now owns 62,278 shares of the e-commerce giant’s stock worth $9,463,000 after purchasing an additional 616 shares in the last quarter. Charter Oak Capital Management LLC grew its stake in shares of Amazon.com by 3.2% in the 4th quarter. Charter Oak Capital Management LLC now owns 4,940 shares of the e-commerce giant’s stock worth $751,000 after buying an additional 153 shares during the last quarter. Finally, Liberty One Investment Management LLC increased its position in Amazon.com by 1.8% during the 4th quarter. Liberty One Investment Management LLC now owns 30,898 shares of the e-commerce giant’s stock valued at $4,695,000 after buying an additional 541 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Up 3.4 %

Amazon.com stock opened at $179.62 on Monday. 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 firm’s 50 day moving average price is $177.99 and its 200-day moving average price is $158.98. Amazon.com, Inc. has a 1 year low of $101.15 and a 1 year high of $189.77. The stock has a market cap of $1.87 trillion, a P/E ratio of 61.94, a PEG ratio of 1.55 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last announced its quarterly 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. The business had revenue of $169.96 billion for the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.21 EPS. On average, equities analysts predict that Amazon.com, Inc. will post 4.11 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred 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 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 is accessible through this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the transaction, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $180.73, for a total transaction of $632,555.00. Following the sale, the chief executive officer now directly owns 512,858 shares in the company, valued at approximately $92,688,826.34. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,214,010 shares of company stock valued at $5,505,889,146. Insiders own 10.30% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of recent research reports. Roth Mkm reissued a “buy” rating and issued a $205.00 target price on shares of Amazon.com in a research note on Tuesday, April 16th. Wells Fargo & Company raised their price objective on shares of Amazon.com from $211.00 to $217.00 and gave the company an “overweight” rating in a research note on Monday, April 1st. Stifel Nicolaus upped their target price on shares of Amazon.com from $200.00 to $224.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Oppenheimer raised their price target on shares of Amazon.com from $200.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $225.00 price objective on shares of Amazon.com in a research report on Wednesday, April 24th. One research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $205.13.

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.