Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Lessened by Antonelli Financial Advisors LLC

Antonelli Financial Advisors LLC trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,388 shares of the e-commerce giant's stock after selling 2,175 shares during the quarter. Amazon.com accounts for approximately 3.9% of Antonelli Financial Advisors LLC's investment portfolio, making the stock its 6th biggest position. Antonelli Financial Advisors LLC's holdings in Amazon.com were worth $4,830,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AMZN. Momentous Wealth Management Inc. purchased a new stake in shares of Amazon.com during the 4th quarter worth $749,000. Segall Bryant & Hamill LLC lifted its holdings in Amazon.com by 14.3% during the 4th quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock worth $69,572,000 after buying an additional 39,696 shares during the last quarter. Bearing Point Capital LLC acquired a new position in shares of Amazon.com during the 4th quarter worth about $12,014,000. Evergreen Capital Management LLC boosted its position in shares of Amazon.com by 0.5% during the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after acquiring an additional 1,198 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Amazon.com by 173.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after acquiring an additional 2,196,353 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In related news, VP Shelley Reynolds sold 2,695 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total value of $541,129.05. Following the sale, the vice president owned 119,780 shares in the company, valued at $24,050,626.20. This represents a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $202.41, for a total value of $2,746,703.70. Following the completion of the transaction, the senior vice president directly owned 47,030 shares of the company's stock, valued at $9,519,342.30. The trade was a 22.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 6,886,613 shares of company stock valued at $1,531,840,610 in the last 90 days. Insiders own 10.80% of the company's stock.

Amazon.com Price Performance

Shares of NASDAQ:AMZN traded up $0.67 on Monday, reaching $225.69. 35,660,481 shares of the company were exchanged, compared to its average volume of 44,741,215. The company has a 50-day moving average of $209.90 and a 200-day moving average of $208.36. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.40 trillion, a price-to-earnings ratio of 36.76, a price-to-earnings-growth ratio of 1.69 and a beta of 1.33. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data 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 net margin of 10.14% and a return on equity of 24.14%. The firm had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. During the same quarter in the previous year, the firm earned $0.98 earnings per share. The firm's revenue was up 8.6% on a year-over-year basis. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research analyst reports. Citigroup reaffirmed a "market outperform" rating on shares of Amazon.com in a report on Thursday. Wall Street Zen downgraded shares of Amazon.com from a "buy" rating to a "hold" rating in a research report on Monday, May 5th. Raymond James Financial reaffirmed an "outperform" rating and issued a $195.00 target price (down from $275.00) on shares of Amazon.com in a research report on Monday, April 21st. Royal Bank Of Canada decreased their price objective on shares of Amazon.com from $235.00 to $230.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Three research analysts have rated the stock with a hold rating, forty-five have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $249.42.

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.