Deutsche Bank AG Cuts Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Deutsche Bank AG lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,338,881 shares of the e-commerce giant's stock after selling 582,726 shares during the period. Amazon.com makes up about 2.3% of Deutsche Bank AG's investment portfolio, making the stock its 5th largest holding. Deutsche Bank AG owned approximately 0.25% of Amazon.com worth $5,778,487,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Cable Hill Partners LLC grew its holdings in Amazon.com by 0.5% during 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 last quarter. Quattro Financial Advisors LLC boosted its holdings 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 worth $51,000 after buying an additional 45 shares during the period. Northern Capital Management Inc. lifted its position in Amazon.com by 0.6% during the 4th quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant's stock worth $1,613,000 after acquiring an additional 45 shares during the last quarter. White Wing Wealth Management boosted its holdings in Amazon.com by 2.4% during 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 period. Finally, MBM Wealth Consultants LLC increased its stake in shares of Amazon.com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock worth $1,889,000 after purchasing an additional 48 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Trading Up 2.5%

Shares of NASDAQ:AMZN traded up $5.03 during mid-day trading on Tuesday, reaching $206.02. 34,776,251 shares of the company's stock were exchanged, compared to its average volume of 41,992,272. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The firm has a market capitalization of $2.19 trillion, a price-to-earnings ratio of 37.25, a PEG ratio of 1.50 and a beta of 1.30. The business's fifty day moving average price is $190.16 and its 200-day moving average price is $208.75.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. The company 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 firm's revenue was up 8.6% compared to the same quarter last year. During the same period last year, the company earned $0.98 earnings per share. On average, research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, VP Shelley Reynolds sold 2,695 shares of the company's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $200.79, for a total value of $541,129.05. Following the sale, the vice president now directly owns 119,780 shares of the company's stock, valued at approximately $24,050,626.20. This represents a 2.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP David Zapolsky sold 7,100 shares of Amazon.com stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $201.23, for a total transaction of $1,428,733.00. Following the transaction, the senior vice president now directly owns 60,600 shares of the company's stock, valued at $12,194,538. This represents a 10.49% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 99,537 shares of company stock valued at $20,018,625. 9.70% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Scotiabank lowered their price objective on Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating on the stock in a research report on Monday, April 21st. Citizens Jmp lowered their target price on shares of Amazon.com from $285.00 to $240.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. Citigroup restated an "outperform" rating on shares of Amazon.com in a research report on Friday, May 2nd. UBS Group reiterated a "buy" rating on shares of Amazon.com in a research report on Tuesday, May 6th. Finally, JMP Securities restated a "market outperform" rating on shares of Amazon.com in a research report on Tuesday, May 6th. Four investment analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price 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.