Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by F3Logic LLC

F3Logic LLC lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.9% in the third quarter, HoldingsChannel.com reports. The fund owned 19,362 shares of the e-commerce giant’s stock after selling 788 shares during the quarter. F3Logic LLC’s holdings in Amazon.com were worth $2,197,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fiduciary Planning LLC increased its holdings in Amazon.com by 1.5% in the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock valued at $1,138,000 after buying an additional 5 shares during the last quarter. HBC Financial Services PLLC boosted its stake in Amazon.com by 0.8% in the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock valued at $1,717,000 after acquiring an additional 5 shares in the last quarter. Meridian Investment Counsel Inc. boosted its stake in Amazon.com by 3.4% in the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock valued at $492,000 after acquiring an additional 5 shares in the last quarter. Alterna Wealth Management Inc. boosted its stake in Amazon.com by 1.8% in the first quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock valued at $942,000 after acquiring an additional 5 shares in the last quarter. Finally, Archetype Wealth Partners boosted its stake in Amazon.com by 3.7% in the first quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock valued at $552,000 after acquiring an additional 6 shares in the last quarter. Institutional investors and hedge funds own 57.64% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 7,456 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $94.00, for a total value of $700,864.00. Following the completion of the transaction, the chief executive officer now owns 533,435 shares of the company’s stock, valued at $50,142,890. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Douglas J. Herrington sold 7,456 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $94.00, for a total value of $700,864.00. Following the sale, the chief executive officer now directly owns 533,435 shares in the company, valued at $50,142,890. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Brian T. Olsavsky sold 15,240 shares of the stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $94.00, for a total value of $1,432,560.00. Following the transaction, the chief financial officer now owns 49,000 shares in the company, valued at $4,606,000. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 52,428 shares of company stock valued at $5,077,578. 12.70% of the stock is currently owned by corporate insiders.

Amazon.com Price Performance

Shares of AMZN opened at $97.25 on Friday. The company has a market cap of $992.11 billion, a price-to-earnings ratio of 89.26, a PEG ratio of 3.09 and a beta of 1.22. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $170.83. The company’s fifty day simple moving average is $90.72 and its 200 day simple moving average is $110.26. The company has a current ratio of 0.94, a quick ratio of 0.68 and a debt-to-equity ratio of 0.43.

Amazon.com (NASDAQ:AMZNGet Rating) last announced its earnings results on Thursday, October 27th. The e-commerce giant reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). The business had revenue of $127.10 billion during the quarter, compared to the consensus estimate of $127.47 billion. Amazon.com had a net margin of 2.25% and a return on equity of 14.44%. The company’s revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.31 EPS. On average, research analysts forecast that Amazon.com, Inc. will post 0.68 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the subject of several research analyst reports. Truist Financial decreased their price objective on shares of Amazon.com from $170.00 to $160.00 and set a “buy” rating for the company in a research note on Friday, October 28th. Evercore ISI decreased their target price on shares of Amazon.com from $170.00 to $150.00 and set an “outperform” rating for the company in a research note on Monday, December 19th. Benchmark reduced their price objective on shares of Amazon.com from $160.00 to $125.00 and set a “buy” rating for the company in a research report on Friday, October 28th. Moffett Nathanson began coverage on shares of Amazon.com in a research report on Tuesday, November 15th. They issued an “outperform” rating and a $118.00 price objective for the company. Finally, Sanford C. Bernstein reduced their price objective on shares of Amazon.com from $150.00 to $125.00 and set an “outperform” rating for the company in a research report on Friday, October 28th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and forty-two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.87.

Amazon.com Company Profile

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North American-focused websites such as www.amazon.com and www.amazon.ca.

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

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