Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Fullcircle Wealth LLC

Fullcircle Wealth LLC reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 17.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,905 shares of the e-commerce giant's stock after selling 1,504 shares during the period. Fullcircle Wealth LLC's holdings in Amazon.com were worth $1,591,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of AMZN. Regent Peak Wealth Advisors LLC grew its position in Amazon.com by 0.7% in the fourth quarter. Regent Peak Wealth Advisors LLC now owns 45,153 shares of the e-commerce giant's stock valued at $9,906,000 after purchasing an additional 318 shares in the last quarter. RMR Wealth Builders grew its stake in shares of Amazon.com by 2.5% in the 4th quarter. RMR Wealth Builders now owns 70,423 shares of the e-commerce giant's stock worth $15,450,000 after acquiring an additional 1,690 shares in the last quarter. Johnson & White Wealth Management LLC grew its stake in shares of Amazon.com by 3.1% in the 4th quarter. Johnson & White Wealth Management LLC now owns 8,864 shares of the e-commerce giant's stock worth $1,952,000 after acquiring an additional 268 shares in the last quarter. Shira Ridge Wealth Management grew its stake in shares of Amazon.com by 8.1% in the 4th quarter. Shira Ridge Wealth Management now owns 3,836 shares of the e-commerce giant's stock worth $842,000 after acquiring an additional 286 shares in the last quarter. Finally, Ayrshire Capital Management LLC grew its position in Amazon.com by 3.7% during the fourth quarter. Ayrshire Capital Management LLC now owns 44,282 shares of the e-commerce giant's stock valued at $9,715,000 after buying an additional 1,576 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

Amazon.com stock traded up $5.03 during midday trading on Tuesday, hitting $206.02. The stock had a trading volume of 34,776,251 shares, compared to its average volume of 41,992,291. The firm's fifty day moving average is $190.16 and its two-hundred day moving average is $208.75. The company has a market capitalization of $2.19 trillion, a PE ratio of 37.25, a P/E/G ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. 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 released its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.21. The company had revenue of $155.67 billion during the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The firm's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.98 EPS. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AMZN. Phillip Securities lowered shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, February 10th. Loop Capital increased their target price on shares of Amazon.com from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Wednesday, February 12th. Wells Fargo & Company cut their target price on shares of Amazon.com from $207.00 to $203.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 25th. Telsey Advisory Group reissued an "outperform" rating and issued a $235.00 price target on shares of Amazon.com in a report on Friday, May 2nd. Finally, Morgan Stanley lowered their price target on shares of Amazon.com from $280.00 to $245.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Four research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $244.09.

Insider Buying and Selling at Amazon.com

In related news, Director Keith Brian Alexander sold 1,000 shares of the firm's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $210.68, for a total value of $210,680.00. Following the completion of the transaction, the director now directly owns 5,465 shares of the company's stock, valued at approximately $1,151,366.20. This trade represents a 15.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the firm's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $202.41, for a total transaction of $2,746,703.70. Following the completion of the transaction, the senior vice president now directly owns 47,030 shares of the company's stock, valued at approximately $9,519,342.30. This trade represents a 22.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 99,537 shares of company stock valued at $20,018,625 in the last three months. 9.70% of the stock is currently owned by corporate insiders.

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.