Amazon.com, Inc. (NASDAQ:AMZN) Holdings Decreased by Fiera Capital Corp

Fiera Capital Corp trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 9.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 208,868 shares of the e-commerce giant’s stock after selling 20,542 shares during the quarter. Fiera Capital Corp’s holdings in Amazon.com were worth $17,545,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Dohj LLC grew its stake in Amazon.com by 1.8% during the 3rd quarter. Dohj LLC now owns 24,839 shares of the e-commerce giant’s stock worth $2,807,000 after buying an additional 451 shares during the last quarter. Bassett Hargrove Investment Counsel LLC bought a new position in Amazon.com during the 3rd quarter worth $2,120,000. Veritas Asset Management LLP grew its stake in Amazon.com by 19.6% during the 4th quarter. Veritas Asset Management LLP now owns 7,868,621 shares of the e-commerce giant’s stock worth $660,964,000 after buying an additional 1,286,797 shares during the last quarter. Obermeyer Wood Investment Counsel Lllp grew its stake in Amazon.com by 1.2% during the 3rd quarter. Obermeyer Wood Investment Counsel Lllp now owns 313,317 shares of the e-commerce giant’s stock worth $35,405,000 after buying an additional 3,840 shares during the last quarter. Finally, Sarasin & Partners LLP grew its stake in Amazon.com by 0.7% during the 4th quarter. Sarasin & Partners LLP now owns 2,468,455 shares of the e-commerce giant’s stock worth $207,350,000 after buying an additional 17,993 shares during the last quarter. 57.64% of the stock is currently owned by institutional investors.

Amazon.com Trading Up 1.5 %

Shares of NASDAQ AMZN opened at $116.75 on Thursday. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $146.57. The firm has a market capitalization of $1.20 trillion, a PE ratio of 277.98, a PEG ratio of 4.00 and a beta of 1.26. The company has a current ratio of 0.92, a quick ratio of 0.69 and a debt-to-equity ratio of 0.43. The business has a 50-day moving average price of $104.89 and a two-hundred day moving average price of $97.55.

Amazon.com (NASDAQ:AMZN – Get Rating) last announced its quarterly earnings data on Thursday, April 27th. The e-commerce giant reported $0.31 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $124.57 billion. During the same period last year, the company posted $0.21 EPS. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, analysts predict that Amazon.com, Inc. will post 1.57 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $115.60, for a total transaction of $358,360.00. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $13,846,568. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Andrew R. Jassy sold 21,925 shares of the firm’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $115.37, for a total transaction of $2,529,487.25. Following the completion of the sale, the chief executive officer now directly owns 1,997,681 shares of the company’s stock, valued at approximately $230,472,456.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $115.60, for a total value of $358,360.00. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $13,846,568. The disclosure for this sale can be found here. Insiders sold 75,144 shares of company stock valued at $8,405,887 in the last three months. Corporate insiders own 12.70% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Cowen increased their price target on Amazon.com from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, February 3rd. Piper Sandler increased their price target on Amazon.com from $123.00 to $130.00 in a research note on Friday, April 28th. Benchmark increased their price target on Amazon.com from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, February 3rd. Wedbush increased their price target on Amazon.com from $125.00 to $129.00 in a research note on Friday, April 28th. Finally, Wells Fargo & Company decreased their price target on Amazon.com from $155.00 to $145.00 in a research note on Friday, February 3rd. Three research analysts have rated the stock with a hold rating and forty-one have issued a buy rating to the company. Based on data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average target price of $143.12.

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.