Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Reduced by Hudson Value Partners LLC

Hudson Value Partners LLC cut its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 19.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 20,807 shares of the e-commerce giant’s stock after selling 4,928 shares during the quarter. Amazon.com accounts for 1.4% of Hudson Value Partners LLC’s portfolio, making the stock its 27th largest position. Hudson Value Partners LLC’s holdings in Amazon.com were worth $2,645,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Kavar Capital Partners Group LLC grew its holdings in shares of Amazon.com by 7.6% in the 1st quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock worth $3,654,000 after acquiring an additional 79 shares during the last quarter. IFM Investors Pty Ltd grew its holdings in shares of Amazon.com by 21.8% in the 1st quarter. IFM Investors Pty Ltd now owns 72,911 shares of the e-commerce giant’s stock worth $237,686,000 after acquiring an additional 13,060 shares during the last quarter. Ironwood Wealth Management LLC. grew its holdings in shares of Amazon.com by 0.8% in the 1st quarter. Ironwood Wealth Management LLC. now owns 1,810 shares of the e-commerce giant’s stock worth $5,901,000 after acquiring an additional 15 shares during the last quarter. Markel Corp grew its holdings in shares of Amazon.com by 0.6% in the 1st quarter. Markel Corp now owns 99,068 shares of the e-commerce giant’s stock worth $322,956,000 after acquiring an additional 550 shares during the last quarter. Finally, Leelyn Smith LLC grew its holdings in shares of Amazon.com by 24.8% in the 1st quarter. Leelyn Smith LLC now owns 2,721 shares of the e-commerce giant’s stock worth $8,870,000 after acquiring an additional 540 shares during the last quarter. 57.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 21,933 shares of the stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $142.66, for a total transaction of $3,128,961.78. Following the completion of the transaction, the chief executive officer now owns 2,064,055 shares in the company, valued at approximately $294,458,086.30. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Andrew R. Jassy sold 21,933 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $142.66, for a total transaction of $3,128,961.78. Following the completion of the transaction, the chief executive officer now directly owns 2,064,055 shares in the company, valued at approximately $294,458,086.30. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the sale, the chief executive officer now owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The disclosure for this sale can be found here. Insiders sold a total of 61,829 shares of company stock worth $8,885,713 in the last quarter. Corporate insiders own 12.30% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. JMP Securities raised their target price on Amazon.com from $175.00 to $225.00 and gave the stock an “outperform” rating in a research report on Friday, February 2nd. Rosenblatt Securities raised their target price on Amazon.com from $184.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Stifel Nicolaus lifted their price objective on Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Wolfe Research lifted their price objective on Amazon.com from $195.00 to $205.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Finally, Mizuho lifted their price objective on Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $197.95.

Get Our Latest Analysis on Amazon.com

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $169.84 on Friday. The firm has a fifty day moving average of $153.87 and a two-hundred day moving average of $141.79. The stock has a market capitalization of $1.76 trillion, a price-to-earnings ratio of 58.57, a PEG ratio of 1.49 and a beta of 1.14. Amazon.com, Inc. has a 52 week low of $88.12 and a 52 week high of $172.50. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. During the same quarter in the prior year, the company earned $0.21 EPS. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. As a group, equities research analysts predict that Amazon.com, Inc. will post 4.03 EPS for the current year.

Amazon.com Company Profile

(Free Report)

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.

See Also

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

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