Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Decreased by Capital Performance Advisors LLP

Capital Performance Advisors LLP lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 10,445 shares of the e-commerce giant’s stock after selling 235 shares during the period. Amazon.com makes up 0.8% of Capital Performance Advisors LLP’s holdings, making the stock its 17th biggest holding. Capital Performance Advisors LLP’s holdings in Amazon.com were worth $1,180,000 as of its most recent filing with the SEC.

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

Amazon.com Stock Performance

AMZN opened at $97.25 on Friday. The firm has a market cap of $992.11 billion, a PE ratio of 89.26, a P/E/G ratio of 3.09 and a beta of 1.22. The business has a fifty day simple moving average of $90.72 and a 200-day simple moving average of $110.26. The company has a quick ratio of 0.68, a current ratio of 0.94 and a debt-to-equity ratio of 0.43. Amazon.com, Inc. has a fifty-two week low of $81.43 and a fifty-two week high of $170.83.

Amazon.com (NASDAQ:AMZNGet Rating) last issued its earnings results on Thursday, October 27th. The e-commerce giant reported $0.20 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.02). The business had revenue of $127.10 billion during the quarter, compared to analyst estimates of $127.47 billion. Amazon.com had a return on equity of 14.44% and a net margin of 2.25%. The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the business earned $0.31 EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 0.68 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several research analyst reports. Raymond James dropped their target price on Amazon.com from $164.00 to $130.00 and set an “outperform” rating on the stock in a report on Friday, October 28th. Morgan Stanley dropped their price objective on Amazon.com from $175.00 to $140.00 and set an “overweight” rating on the stock in a report on Friday, October 28th. Moffett Nathanson initiated coverage on Amazon.com in a research report on Tuesday, November 15th. They set an “outperform” rating and a $118.00 target price on the stock. Cowen upped their price objective on Amazon.com from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Thursday, December 1st. Finally, Wolfe Research dropped their target price on Amazon.com from $150.00 to $130.00 and set an “outperform” rating for the company in a research note on Friday, October 28th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and forty-two have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $145.87.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 15,787 shares of Amazon.com stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $103.10, for a total transaction of $1,627,639.70. Following the completion of the sale, the chief executive officer now owns 522,251 shares of the company’s stock, valued at $53,844,078.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Amazon.com news, CEO Douglas J. Herrington sold 15,787 shares of the firm’s stock in a transaction dated Tuesday, November 15th. The stock was sold at an average price of $103.10, for a total transaction of $1,627,639.70. Following the transaction, the chief executive officer now directly owns 522,251 shares in the company, valued at $53,844,078.10. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 7,456 shares of the firm’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $94.00, for a total value of $700,864.00. Following the transaction, the chief executive officer now owns 533,435 shares in the company, valued at $50,142,890. 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. Insiders own 12.70% of the company’s stock.

Amazon.com 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.

See Also

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

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