Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Freedom Day Solutions LLC

Freedom Day Solutions LLC trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,337 shares of the e-commerce giant’s stock after selling 615 shares during the quarter. Amazon.com accounts for about 1.1% of Freedom Day Solutions LLC’s portfolio, making the stock its 27th biggest holding. Freedom Day Solutions LLC’s holdings in Amazon.com were worth $2,128,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Amazon.com by 1.8% during the third quarter. Vanguard Group Inc. now owns 701,550,877 shares of the e-commerce giant’s stock valued at $79,275,249,000 after buying an additional 12,456,995 shares in the last quarter. State Street Corp increased its holdings in shares of Amazon.com by 1.0% in the 3rd quarter. State Street Corp now owns 329,849,003 shares of the e-commerce giant’s stock valued at $37,272,937,000 after purchasing an additional 3,121,516 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Amazon.com by 1,838.8% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock valued at $33,134,481,000 after purchasing an additional 295,880,050 shares during the period. FMR LLC increased its holdings in shares of Amazon.com by 1,792.4% in the 2nd quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock valued at $30,381,089,000 after purchasing an additional 270,931,640 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of Amazon.com by 1,867.0% in the 2nd quarter. Northern Trust Corp now owns 94,997,372 shares of the e-commerce giant’s stock valued at $10,089,669,000 after purchasing an additional 90,167,792 shares during the period. 57.64% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Amazon.com news, VP Shelley Reynolds sold 3,500 shares of the stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $94.91, for a total transaction of $332,185.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $11,368,319.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Amazon.com news, SVP David Zapolsky sold 6,704 shares of the stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $94.91, for a total transaction of $636,276.64. Following the completion of the transaction, the senior vice president now directly owns 87,036 shares in the company, valued at $8,260,586.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 3,500 shares of the firm’s stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $94.91, for a total value of $332,185.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $11,368,319.80. The disclosure for this sale can be found here. Insiders sold 61,019 shares of company stock worth $6,053,511 over the last three months. 12.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AMZN has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft dropped their target price on Amazon.com from $130.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday, April 18th. Morgan Stanley increased their price objective on Amazon.com from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Friday, February 3rd. Evercore ISI dropped their price objective on Amazon.com from $160.00 to $155.00 and set an “outperform” rating on the stock in a report on Monday, April 3rd. Susquehanna increased their price objective on Amazon.com from $140.00 to $150.00 and gave the stock a “positive” rating in a report on Friday, February 3rd. Finally, Credit Suisse Group dropped their price objective on Amazon.com from $150.00 to $140.00 in a report on Tuesday, April 25th. Three analysts have rated the stock with a hold rating and forty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus target price of $143.12.

Amazon.com Stock Down 1.6 %

Shares of AMZN stock opened at $116.25 on Monday. The stock has a market cap of $1.19 trillion, a P/E ratio of 276.79, a price-to-earnings-growth ratio of 4.11 and a beta of 1.26. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $146.57. The stock has a fifty day moving average price of $103.63 and a 200 day moving average price of $97.07. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.92 and a quick ratio of 0.69.

Amazon.com (NASDAQ:AMZN – Get Rating) last issued its earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 EPS for the quarter, topping the consensus estimate of $0.22 by $0.09. Amazon.com had a return on equity of 5.85% and a net margin of 0.82%. The firm had revenue of $127.36 billion during the quarter, compared to analysts’ expectations of $124.57 billion. During the same period last year, the business earned $0.21 earnings per share. Amazon.com’s quarterly revenue was up 9.4% compared to the same quarter last year. Analysts predict that Amazon.com, Inc. will post 1.57 earnings per share for the current year.

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 segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.