Banco Bilbao Vizcaya Argentaria S.A. Sells 173,467 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Banco Bilbao Vizcaya Argentaria S.A. lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,552,295 shares of the e-commerce giant's stock after selling 173,467 shares during the period. Amazon.com accounts for approximately 3.6% of Banco Bilbao Vizcaya Argentaria S.A.'s investment portfolio, making the stock its 5th biggest position. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Amazon.com were worth $342,127,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Accordant Advisory Group Inc boosted its stake in shares of Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after buying an additional 100 shares during the period. Prudent Man Investment Management Inc. purchased a new position in shares of Amazon.com in the 4th quarter valued at $27,000. LSV Asset Management acquired a new stake in shares of Amazon.com during the fourth quarter worth about $35,000. Perritt Capital Management Inc lifted its stake in Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after buying an additional 80 shares during the last quarter. Finally, Quattro Financial Advisors LLC boosted its holdings 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 valued at $51,000 after acquiring an additional 45 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Brian T. Olsavsky sold 14,620 shares of Amazon.com stock in a transaction on Friday, February 21st. The stock was sold at an average price of $223.14, for a total transaction of $3,262,306.80. Following the completion of the sale, the chief financial officer now directly owns 49,000 shares in the company, valued at approximately $10,933,860. This trade represents a 22.98% 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 5,501 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total transaction of $1,256,648.44. Following the transaction, the chief executive officer now directly owns 505,318 shares in the company, valued at approximately $115,434,843.92. This trade represents a 1.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 80,798 shares of company stock worth $17,696,733. 9.70% of the stock is owned by insiders.

Amazon.com Stock Performance

Shares of AMZN stock traded up $0.57 during trading on Monday, hitting $206.16. The company's stock had a trading volume of 34,235,970 shares, compared to its average volume of 41,958,033. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The business has a fifty day moving average of $189.33 and a 200-day moving average of $208.77. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a market cap of $2.19 trillion, a PE ratio of 37.28, a P/E/G ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion during 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 business's revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.98 earnings per share. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of recent research reports. Jefferies Financial Group dropped their price objective on shares of Amazon.com from $250.00 to $240.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Benchmark reissued a "buy" rating and issued a $260.00 target price on shares of Amazon.com in a report on Friday, May 2nd. StockNews.com cut Amazon.com from a "buy" rating to a "hold" rating in a report on Monday, May 5th. Wedbush restated an "outperform" rating and set a $235.00 target price (up previously from $225.00) on shares of Amazon.com in a research report on Friday, May 2nd. Finally, Mizuho reduced their price objective on Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Four equities research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $244.09.

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.