Capital Analysts LLC Sells 2,615 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Capital Analysts LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,604 shares of the e-commerce giant's stock after selling 2,615 shares during the period. Amazon.com accounts for 0.8% of Capital Analysts LLC's portfolio, making the stock its 25th largest holding. Capital Analysts LLC's holdings in Amazon.com were worth $19,220,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Core Wealth Advisors Inc. raised its stake in shares of Amazon.com by 5.9% in the fourth quarter. Core Wealth Advisors Inc. now owns 11,597 shares of the e-commerce giant's stock valued at $2,544,000 after acquiring an additional 649 shares during the last quarter. UP Strategic Wealth Investment Advisors LLC raised its stake in shares of Amazon.com by 27.1% in the fourth quarter. UP Strategic Wealth Investment Advisors LLC now owns 12,380 shares of the e-commerce giant's stock valued at $2,716,000 after acquiring an additional 2,640 shares during the last quarter. Three Seasons Wealth LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $7,400,000. Pingora Partners LLC increased its holdings in shares of Amazon.com by 5.9% in the fourth quarter. Pingora Partners LLC now owns 7,695 shares of the e-commerce giant's stock valued at $1,688,000 after purchasing an additional 430 shares in the last quarter. Finally, Cheviot Value Management LLC increased its holdings in shares of Amazon.com by 1.4% in the fourth quarter. Cheviot Value Management LLC now owns 61,550 shares of the e-commerce giant's stock valued at $13,503,000 after purchasing an additional 849 shares in the last quarter. Institutional investors own 72.20% of the company's stock.

Amazon.com Trading Up 0.2%

AMZN opened at $205.59 on Monday. The stock has a market capitalization of $2.18 trillion, a P/E ratio of 37.18, a P/E/G ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The firm's fifty day simple moving average is $189.33 and its 200 day simple moving average is $208.77. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating the consensus estimate of $1.38 by $0.21. The business had revenue of $155.67 billion for the quarter, compared to analysts' expectations of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The firm's revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.98 EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.00. Following the sale, the chief executive officer now directly owns 509,474 shares of the company's stock, valued at approximately $95,776,017.26. The trade was a 0.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 20,784 shares of the business's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the sale, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90. This trade represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 80,798 shares of company stock valued at $17,696,733. 9.70% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AMZN has been the subject of a number of research reports. Scotiabank lowered their price target on shares of Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating for the company in a report on Monday, April 21st. Westpark Capital reissued a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, May 2nd. JMP Securities reissued a "market outperform" rating on shares of Amazon.com in a report on Tuesday, May 6th. Jefferies Financial Group lowered their price target on shares of Amazon.com from $250.00 to $240.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, Benchmark reissued a "buy" rating and issued a $260.00 price target on shares of Amazon.com in a report on Friday, May 2nd. 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, Amazon.com has an average rating of "Moderate Buy" and an average price target of $244.09.

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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