Strategy Capital LLC Has $181.40 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Strategy Capital LLC cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 826,844 shares of the e-commerce giant's stock after selling 28,472 shares during the quarter. Amazon.com comprises about 14.8% of Strategy Capital LLC's investment portfolio, making the stock its 3rd biggest holding. Strategy Capital LLC's holdings in Amazon.com were worth $181,401,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Cable Hill Partners LLC lifted its holdings in shares of Amazon.com by 0.5% during the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock worth $2,104,000 after buying an additional 44 shares during the last quarter. Quattro Financial Advisors LLC grew its stake in shares of Amazon.com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after acquiring an additional 45 shares during the last quarter. Northern Capital Management Inc. increased its position in Amazon.com by 0.6% during the fourth quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant's stock worth $1,613,000 after acquiring an additional 45 shares during the period. White Wing Wealth Management raised its stake in Amazon.com by 2.4% during the 4th quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock valued at $433,000 after purchasing an additional 47 shares during the last quarter. Finally, MBM Wealth Consultants LLC boosted its holdings in Amazon.com by 0.6% in the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant's stock valued at $1,889,000 after purchasing an additional 48 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Wedbush restated an "outperform" rating and set a $235.00 price objective (up previously from $225.00) on shares of Amazon.com in a report on Friday, May 2nd. Loop Capital boosted their target price on shares of Amazon.com from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Wednesday, February 12th. UBS Group restated a "buy" rating on shares of Amazon.com in a report on Tuesday. Maxim Group increased their price objective on Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, JMP Securities reaffirmed a "market outperform" rating on shares of Amazon.com in a report on Tuesday. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. Based on data from MarketBeat, Amazon.com has an average rating of "Moderate Buy" and an average target price of $244.09.

Insiders Place Their Bets

In related news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the sale, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.26. This trade represents a 0.49 % decrease in their position. The transaction was disclosed in a legal 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 dated Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the sale, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90. This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 107,298 shares of company stock worth $23,818,478 in the last quarter. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Stock Performance

AMZN opened at $192.08 on Friday. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The firm has a market capitalization of $2.04 trillion, a PE ratio of 34.73, a PEG ratio of 1.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The business's 50-day simple moving average is $188.71 and its 200 day simple moving average is $207.77.

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 firm had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.98 earnings per share. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share 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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