ESG Planning DBA Harper Investing Sells 2,866 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

ESG Planning DBA Harper Investing lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 11.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,106 shares of the e-commerce giant's stock after selling 2,866 shares during the period. Amazon.com comprises 3.6% of ESG Planning DBA Harper Investing's investment portfolio, making the stock its 7th largest holding. ESG Planning DBA Harper Investing's holdings in Amazon.com were worth $4,850,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Accordant Advisory Group Inc boosted its position in Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after acquiring an additional 100 shares during the period. Compass Planning Associates Inc purchased a new stake in shares of Amazon.com in the fourth quarter worth approximately $51,000. Quattro Financial Advisors LLC grew its position in Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after purchasing an additional 45 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in Amazon.com in the 4th quarter worth approximately $54,000. Finally, Iron Horse Wealth Management LLC grew its holdings in shares of Amazon.com by 64.4% during the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant's stock valued at $63,000 after acquiring an additional 112 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 12th. The shares were 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 owns 497,067 shares of the company's stock, valued at $114,459,618.09. This trade represents a 5.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction on Friday, February 21st. The stock was 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 owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This trade represents 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 sold 104,798 shares of company stock worth $23,341,803. 10.80% of the stock is currently owned by company insiders.

Amazon.com Trading Down 0.4 %

Shares of NASDAQ AMZN traded down $0.85 during mid-day trading on Friday, hitting $189.35. The company's stock had a trading volume of 31,216,677 shares, compared to its average volume of 41,562,783. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The stock has a market cap of $2.01 trillion, a price-to-earnings ratio of 34.12, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The company's fifty day simple moving average is $190.94 and its 200-day simple moving average is $207.76. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52.

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

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $235.00 target price on shares of Amazon.com in a research report on Friday. DA Davidson reduced their price target on Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Oppenheimer decreased their price objective on shares of Amazon.com from $260.00 to $220.00 and set an "outperform" rating for the company in a report on Monday. Benchmark raised their target price on Amazon.com from $215.00 to $265.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Finally, Bank of America decreased their price target on shares of Amazon.com from $257.00 to $225.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. Three equities research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the stock. According to data from MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and a consensus price target of $245.63.

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.