Coldstream Capital Management Inc. Has $81.07 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Coldstream Capital Management Inc. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 369,507 shares of the e-commerce giant's stock after purchasing an additional 7,600 shares during the period. Amazon.com accounts for approximately 1.7% of Coldstream Capital Management Inc.'s investment portfolio, making the stock its 12th biggest holding. Coldstream Capital Management Inc.'s holdings in Amazon.com were worth $81,066,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in AMZN. Principal Financial Group Inc. increased its stake in shares of Amazon.com by 5.1% during the third quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant's stock worth $3,757,589,000 after purchasing an additional 984,570 shares during the period. Syntax Research Inc. increased its stake in shares of Amazon.com by 10.8% during the third quarter. Syntax Research Inc. now owns 4,300 shares of the e-commerce giant's stock worth $801,000 after purchasing an additional 420 shares during the period. SK Wealth Management LLC bought a new position in shares of Amazon.com during the third quarter worth approximately $1,142,000. Penney Financial LLC increased its stake in shares of Amazon.com by 6.3% during the third quarter. Penney Financial LLC now owns 2,599 shares of the e-commerce giant's stock worth $484,000 after purchasing an additional 155 shares during the period. Finally, Trust Co of the South increased its stake in shares of Amazon.com by 25.9% during the fourth quarter. Trust Co of the South now owns 14,741 shares of the e-commerce giant's stock worth $3,234,000 after purchasing an additional 3,028 shares during the period. Institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on AMZN shares. Citizens Jmp lowered their target price on Amazon.com from $285.00 to $240.00 and set an "outperform" rating on the stock in a research note on Monday, April 14th. Needham & Company LLC restated a "buy" rating and set a $220.00 price objective on shares of Amazon.com in a research note on Friday, May 2nd. Cantor Fitzgerald raised their price objective on Amazon.com from $230.00 to $240.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. Oppenheimer lowered their price objective on Amazon.com from $260.00 to $220.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Finally, Telsey Advisory Group restated an "outperform" rating and set a $235.00 price objective on shares of Amazon.com in a research note on Friday, May 2nd. Four analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company. Based on data from MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and an average target price of $244.09.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total transaction of $469,975.00. Following the transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Keith Brian Alexander sold 1,000 shares of Amazon.com stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $210.68, for a total value of $210,680.00. Following the transaction, the director now directly owns 5,465 shares in the company, valued at $1,151,366.20. The trade was a 15.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 80,798 shares of company stock valued at $17,696,733. 9.70% of the stock is currently owned by company insiders.

Amazon.com Trading Up 0.2%

NASDAQ AMZN opened at $205.59 on Monday. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a market cap of $2.18 trillion, a price-to-earnings ratio of 37.18, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The business's fifty day moving average is $189.33 and its 200 day moving average is $208.77.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion for 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 business's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.98 EPS. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.

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