Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Decreased by CMH Wealth Management LLC

CMH Wealth Management LLC decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.5% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 106,702 shares of the e-commerce giant's stock after selling 21,023 shares during the quarter. Amazon.com makes up 5.1% of CMH Wealth Management LLC's holdings, making the stock its 3rd largest holding. CMH Wealth Management LLC's holdings in Amazon.com were worth $20,301,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Tallon Kerry Patrick purchased a new stake in Amazon.com in the 4th quarter worth $800,000. Capital & Planning LLC lifted its stake in Amazon.com by 72.1% in the 4th quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant's stock worth $856,000 after purchasing an additional 1,635 shares in the last quarter. LaFleur & Godfrey LLC lifted its stake in Amazon.com by 1.8% in the 4th quarter. LaFleur & Godfrey LLC now owns 49,407 shares of the e-commerce giant's stock worth $10,839,000 after purchasing an additional 860 shares in the last quarter. Brighton Jones LLC lifted its stake in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after purchasing an additional 397,007 shares in the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new stake in Amazon.com in the 4th quarter worth $301,650,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,000,233.60. Following the completion of the sale, the chief executive officer now owns 2,148,694 shares of the company's stock, valued at approximately $432,532,102.20. This represents a 0.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Keith Brian Alexander sold 1,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $210.68, for a total transaction of $210,680.00. Following the completion of the sale, the director now directly owns 5,465 shares of the company's stock, valued at $1,151,366.20. The trade was a 15.47% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,037 shares of company stock valued at $20,531,075. Company insiders own 10.80% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on AMZN shares. Stifel Nicolaus decreased their price target on shares of Amazon.com from $248.00 to $245.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. DA Davidson decreased their price target on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Tigress Financial boosted their target price on shares of Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, May 6th. JPMorgan Chase & Co. boosted their target price on shares of Amazon.com from $225.00 to $240.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. Finally, Wells Fargo & Company reduced their target price on shares of Amazon.com from $207.00 to $203.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 25th. Four investment 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, Amazon.com currently has an average rating of "Moderate Buy" and an average target price of $245.53.

Amazon.com Price Performance

Amazon.com stock opened at $209.69 on Monday. The stock has a market cap of $2.23 trillion, a price-to-earnings ratio of 34.15, a price-to-earnings-growth ratio of 1.58 and a beta of 1.34. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.84. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The firm has a 50-day moving average of $198.41 and a two-hundred day moving average of $209.17.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.21. The company had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The firm's quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.98 EPS. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.

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