Amazon.com, Inc. (NASDAQ:AMZN) is Roman Butler Fullerton & Co.'s 4th Largest Position

Roman Butler Fullerton & Co. reduced its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 52,261 shares of the e-commerce giant's stock after selling 3,717 shares during the period. Amazon.com comprises 3.6% of Roman Butler Fullerton & Co.'s holdings, making the stock its 4th largest position. Roman Butler Fullerton & Co.'s holdings in Amazon.com were worth $9,385,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Castlekeep Investment Advisors LLC bought a new stake in shares of Amazon.com in the fourth quarter worth $25,000. Prudent Man Investment Management Inc. bought a new stake in Amazon.com in the 4th quarter worth about $27,000. LSV Asset Management bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $35,000. Perritt Capital Management Inc grew its position in shares of Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock valued at $42,000 after acquiring an additional 80 shares during the period. Finally, Compass Planning Associates Inc purchased a new stake in shares of Amazon.com during the 4th quarter valued at approximately $51,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Down 1.8%

Shares of AMZN stock traded down $4.11 during trading hours on Tuesday, reaching $219.36. 45,579,231 shares of the stock were exchanged, compared to its average volume of 42,053,977. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-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. The company's 50-day moving average price is $207.16 and its 200-day moving average price is $208.51. The firm has a market capitalization of $2.33 trillion, a price-to-earnings ratio of 35.73, a price-to-earnings-growth ratio of 1.68 and a beta of 1.33.

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. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AMZN. Rosenblatt Securities upped their price target on shares of Amazon.com from $287.00 to $288.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Evercore ISI dropped their price objective on shares of Amazon.com from $270.00 to $260.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Cantor Fitzgerald lifted their target price on shares of Amazon.com from $230.00 to $240.00 and gave the stock an "overweight" rating in a research report on Friday, May 2nd. Jefferies Financial Group decreased their target price on shares of Amazon.com from $250.00 to $240.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Finally, Mizuho decreased their price objective on shares of Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Three analysts have rated the stock with a hold rating, forty-six have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $246.41.

Insiders Place Their Bets

In related news, insider Jeffrey P. Bezos sold 2,046,582 shares of the company's stock in a transaction on Monday, July 7th. The stock was sold at an average price of $223.92, for a total value of $458,270,641.44. Following the transaction, the insider directly owned 902,480,530 shares of the company's stock, valued at $202,083,440,277.60. This represents a 0.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,695 shares of the company's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $200.79, for a total transaction of $541,129.05. Following the completion of the sale, the vice president directly owned 119,780 shares in the company, valued at $24,050,626.20. This trade represents a 2.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,401,408 shares of company stock worth $1,423,159,137. 10.80% of the stock is owned by corporate insiders.

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.