Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Decreased by Gemsstock Ltd.

Gemsstock Ltd. lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 124,165 shares of the e-commerce giant's stock after selling 15,400 shares during the period. Amazon.com makes up approximately 5.5% of Gemsstock Ltd.'s portfolio, making the stock its 4th biggest holding. Gemsstock Ltd.'s holdings in Amazon.com were worth $27,241,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cable Hill Partners LLC grew its holdings in Amazon.com by 0.5% in the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock valued at $2,104,000 after purchasing an additional 44 shares during the period. Quattro Financial Advisors LLC grew its stake in shares of Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after buying an additional 45 shares during the period. Northern Capital Management Inc. raised its position in shares of Amazon.com by 0.6% in the 4th quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant's stock worth $1,613,000 after buying an additional 45 shares during the period. White Wing Wealth Management boosted its holdings in Amazon.com by 2.4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock valued at $433,000 after acquiring an additional 47 shares during the last quarter. Finally, MBM Wealth Consultants LLC grew its position in Amazon.com by 0.6% during the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock valued at $1,889,000 after acquiring an additional 48 shares during the period. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Performance

AMZN traded up $3.70 during trading hours on Wednesday, hitting $188.71. The company's stock had a trading volume of 43,929,015 shares, compared to its average volume of 41,656,015. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The company has a 50-day simple moving average of $189.45 and a 200 day simple moving average of $207.88. The firm has a market capitalization of $2.00 trillion, a PE ratio of 34.12, a PEG ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The company had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. During the same period in the prior year, the business posted $0.98 EPS. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analyst Ratings Changes

AMZN has been the topic of a number of research reports. The Goldman Sachs Group cut their price objective on Amazon.com from $255.00 to $220.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Citigroup reaffirmed an "outperform" rating on shares of Amazon.com in a research report on Friday, May 2nd. Barclays reduced their target price on shares of Amazon.com from $265.00 to $240.00 and set an "overweight" rating on the stock in a research report on Friday, May 2nd. DA Davidson lowered their price target on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, JMP Securities reiterated a "market outperform" rating on shares of Amazon.com in a report on Tuesday. Four investment analysts have rated the stock with a hold rating and forty-four have given a buy rating to the stock. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus price target of $244.09.

Insider Activity

In related news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the transaction, the chief executive officer now directly owns 497,067 shares of the company's stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the completion of the sale, the chief executive officer now directly owns 2,118,886 shares of the company's stock, valued at $467,532,195.90. The trade was a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 107,298 shares of company stock worth $23,818,478. 9.70% of the stock is owned by company insiders.

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.