Two Sigma Securities LLC Lowers Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Two Sigma Securities LLC lowered its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 20.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,953 shares of the e-commerce giant's stock after selling 6,282 shares during the period. Amazon.com comprises 0.7% of Two Sigma Securities LLC's holdings, making the stock its 7th largest position. Two Sigma Securities LLC's holdings in Amazon.com were worth $5,255,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Lord Abbett & CO. LLC increased its stake in shares of Amazon.com by 27.0% during the 4th quarter. Lord Abbett & CO. LLC now owns 1,841,846 shares of the e-commerce giant's stock worth $404,083,000 after purchasing an additional 391,804 shares during the last quarter. Rothschild Capital Partners LLC grew its holdings in Amazon.com by 9.3% during the fourth quarter. Rothschild Capital Partners LLC now owns 138,729 shares of the e-commerce giant's stock valued at $30,436,000 after purchasing an additional 11,850 shares during the period. Kovitz Investment Group Partners LLC grew its holdings in Amazon.com by 193.9% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 5,360,335 shares of the e-commerce giant's stock valued at $1,176,005,000 after purchasing an additional 3,536,276 shares during the period. Topsail Wealth Management LLC purchased a new stake in Amazon.com in the fourth quarter worth $2,726,000. Finally, Keyvantage Wealth LLC bought a new stake in shares of Amazon.com in the fourth quarter valued at $2,735,000. Institutional investors own 72.20% of the company's stock.

Insider Buying and Selling at Amazon.com

In other news, Director Keith Brian Alexander sold 1,000 shares of the company's stock in a transaction that occurred 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 transaction, the director now owns 5,465 shares in the company, valued at approximately $1,151,366.20. This represents a 15.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were 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 of the company's stock, valued at $467,532,195.90. This trade represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 80,798 shares of company stock worth $17,696,733. 9.70% of the stock is owned by insiders.

Amazon.com Stock Up 0.3%

Amazon.com stock traded up $0.57 on Monday, hitting $206.16. 34,235,970 shares of the stock traded hands, compared to its average volume of 41,958,055. The business's fifty day simple moving average is $189.33 and its 200 day simple moving average is $208.77. The firm has a market cap of $2.19 trillion, a P/E ratio of 37.28, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. 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, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52.

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, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The business had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same quarter in the previous year, the firm posted $0.98 earnings per share. Amazon.com's quarterly revenue was up 8.6% on a year-over-year basis. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. DA Davidson cut their price target on Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Tigress Financial lifted their target price on shares of Amazon.com from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, May 6th. Needham & Company LLC restated a "buy" rating and set a $220.00 price target on shares of Amazon.com in a research note on Friday, May 2nd. Royal Bank of Canada reduced their price objective on shares of Amazon.com from $235.00 to $230.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd. Finally, Stifel Nicolaus lowered their target price on shares of Amazon.com from $248.00 to $245.00 and set a "buy" rating on the stock 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. According to MarketBeat.com, Amazon.com presently 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.