Free Trial

Amazon.com, Inc. (NASDAQ:AMZN) Position Decreased by Schnieders Capital Management LLC

Amazon.com logo with Retail/Wholesale background

Schnieders Capital Management LLC cut its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 93,239 shares of the e-commerce giant's stock after selling 4,268 shares during the quarter. Amazon.com accounts for about 3.1% of Schnieders Capital Management LLC's portfolio, making the stock its 6th biggest position. Schnieders Capital Management LLC's holdings in Amazon.com were worth $14,167,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Members Trust Co increased its position in shares of Amazon.com by 8.9% during the fourth quarter. Members Trust Co now owns 4,157 shares of the e-commerce giant's stock valued at $638,000 after acquiring an additional 341 shares during the last quarter. Cherrydale Wealth Management LLC raised its stake in shares of Amazon.com by 14.7% during the 4th quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant's stock worth $799,000 after purchasing an additional 675 shares during the period. Tompkins Financial Corp boosted its holdings in shares of Amazon.com by 3.3% in the 4th quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant's stock worth $10,875,000 after buying an additional 2,273 shares during the last quarter. Nicholas Company Inc. grew its position in Amazon.com by 3.9% during the third quarter. Nicholas Company Inc. now owns 705,065 shares of the e-commerce giant's stock valued at $89,628,000 after buying an additional 26,465 shares during the period. Finally, Nordea Investment Management AB increased its holdings in Amazon.com by 5.4% during the fourth quarter. Nordea Investment Management AB now owns 5,397,520 shares of the e-commerce giant's stock worth $825,065,000 after buying an additional 277,631 shares during the last quarter. Institutional investors own 72.20% of the company's stock.


Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 2,009,208 shares of the company's stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $166.79, for a total transaction of $335,115,802.32. Following the completion of the transaction, the insider now owns 938,251,817 shares in the company, valued at $156,491,020,557.43. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, insider Jeffrey P. Bezos sold 2,009,208 shares of the company's stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $166.79, for a total transaction of $335,115,802.32. Following the completion of the transaction, the insider now owns 938,251,817 shares in the company, valued at $156,491,020,557.43. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeffrey P. Bezos sold 5,998,849 shares of the company's stock in a transaction on Friday, February 16th. The stock was sold at an average price of $169.17, for a total transaction of $1,014,825,285.33. Following the transaction, the insider now owns 940,261,025 shares of the company's stock, valued at approximately $159,063,957,599.25. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,181,245 shares of company stock worth $1,380,028,066. 10.80% of the stock is owned by insiders.

Amazon.com Price Performance

Shares of NASDAQ AMZN traded down $1.08 during midday trading on Wednesday, reaching $185.99. The stock had a trading volume of 75,392,879 shares, compared to its average volume of 43,807,320. The stock has a 50-day moving average of $180.77 and a 200-day moving average of $163.84. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. The company has a market capitalization of $1.94 trillion, a price-to-earnings ratio of 51.51, a price-to-earnings-growth ratio of 1.35 and a beta of 1.15. Amazon.com, Inc. has a 12-month low of $111.05 and a 12-month high of $191.70.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The firm had revenue of $143.31 billion during the quarter, compared to analysts' expectations of $142.65 billion. During the same period in the prior year, the company posted $0.31 earnings per share. The company's revenue for the quarter was up 12.5% compared to the same quarter last year. As a group, research analysts anticipate that Amazon.com, Inc. will post 4.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AMZN shares. Maxim Group dropped their target price on shares of Amazon.com from $318.00 to $238.00 and set a "buy" rating on the stock in a research note on Wednesday, May 1st. Argus increased their price objective on Amazon.com from $185.00 to $205.00 and gave the company a "buy" rating in a report on Thursday, May 2nd. Wedbush restated an "outperform" rating and issued a $225.00 target price on shares of Amazon.com in a research note on Wednesday, May 1st. Monness Crespi & Hardt upped their price target on Amazon.com from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Wednesday, May 1st. Finally, Canaccord Genuity Group lifted their price objective on Amazon.com from $185.00 to $200.00 and gave the stock a "buy" rating in a report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $211.62.

Read Our Latest Research Report on AMZN

Amazon.com Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Should you invest $1,000 in Amazon.com right now?

Before you consider Amazon.com, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.

While Amazon.com currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Unlock Growth: Understanding Dividend Yield
Palantir Stock Excluded from S&P 500: Still a Buy?
GameStop Mania: Which Meme Stocks Will Follow?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines