Ashburton Jersey Ltd Has $9.67 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Ashburton Jersey Ltd trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 47.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,078 shares of the e-commerce giant's stock after selling 39,553 shares during the period. Amazon.com accounts for approximately 4.3% of Ashburton Jersey Ltd's portfolio, making the stock its 6th largest holding. Ashburton Jersey Ltd's holdings in Amazon.com were worth $9,670,000 at the end of the most recent reporting period.

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

Insider Buying and Selling

In other Amazon.com news, SVP David Zapolsky sold 19,212 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $217.50, for a total value of $4,178,610.00. Following the completion of the transaction, the senior vice president now owns 49,950 shares in the company, valued at approximately $10,864,125. This represents a 27.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $190.67, for a total transaction of $476,675.00. Following the sale, the chief executive officer now owns 506,974 shares in the company, valued at approximately $96,664,732.58. This trade represents a 0.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 107,298 shares of company stock valued at $23,818,478 over the last three months. Corporate insiders own 9.70% of the company's stock.

Amazon.com Trading Up 2.0 %

NASDAQ AMZN traded up $3.70 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 firm has a market cap of $2.00 trillion, a P/E ratio of 34.12, a PEG ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The company's 50-day simple moving average is $189.45 and its 200 day simple moving average is $207.88. 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 (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. During the same quarter last year, the firm posted $0.98 earnings per share. The firm's revenue was up 8.6% on a year-over-year basis. Research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on AMZN shares. Oppenheimer lowered their target price on shares of Amazon.com from $260.00 to $220.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Raymond James reissued an "outperform" rating and set a $195.00 price objective (down previously from $275.00) on shares of Amazon.com in a report on Monday, April 21st. Maxim Group raised their target price on Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. The Goldman Sachs Group decreased their price target on Amazon.com from $255.00 to $220.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Finally, Phillip Securities lowered shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, February 10th. Four analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $244.09.

Amazon.com Company 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.