Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Anderson Hoagland & Co.

Anderson Hoagland & Co. lowered its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 171,959 shares of the e-commerce giant's stock after selling 4,187 shares during the period. Anderson Hoagland & Co.'s holdings in Amazon.com were worth $33,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of AMZN. Momentous Wealth Management Inc. purchased a new stake in shares of Amazon.com in the fourth quarter valued at about $749,000. Segall Bryant & Hamill LLC raised its position in shares of 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 purchasing an additional 39,696 shares during the last quarter. Bearing Point Capital LLC purchased a new stake in Amazon.com in the 4th quarter valued at approximately $12,014,000. Evergreen Capital Management LLC grew its holdings in 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 valued at $53,213,000 after buying an additional 1,198 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in Amazon.com by 173.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after buying an additional 2,196,353 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Insiders Place Their Bets

In related news, 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 sale, the director now directly owns 5,465 shares of the company's stock, valued at approximately $1,151,366.20. This represents a 15.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 4,784 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $205.05, for a total value of $980,959.20. Following the transaction, the chief executive officer now owns 514,150 shares in the company, valued at $105,426,457.50. This trade represents a 0.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 102,037 shares of company stock valued at $20,531,075 in the last quarter. Insiders own 10.80% of the company's stock.

Amazon.com Stock Down 0.6%

AMZN stock traded down $1.28 during mid-day trading on Tuesday, hitting $214.82. 31,998,457 shares of the company were exchanged, compared to its average volume of 42,129,719. The firm has a fifty day simple moving average of $196.86 and a 200 day simple moving average of $209.30. The company has a market capitalization of $2.28 trillion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 1.64 and a beta of 1.33. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results 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. The business 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 24.14% and a net margin of 10.14%. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $0.98 earnings per share. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on AMZN shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. BNP Paribas upgraded shares of Amazon.com to a "hold" rating in a report on Wednesday, April 30th. Wells Fargo & Company decreased their price target on shares of Amazon.com from $207.00 to $203.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 25th. Cantor Fitzgerald boosted their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the company an "overweight" rating in a research report on Friday, May 2nd. Finally, The Goldman Sachs Group decreased their target price on shares of Amazon.com from $255.00 to $220.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Four analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. According to data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and an average target price of $244.89.

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.