Gouws Capital LLC Has $5.99 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Gouws Capital LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,446 shares of the e-commerce giant’s stock after selling 299 shares during the quarter. Amazon.com accounts for 4.9% of Gouws Capital LLC’s investment portfolio, making the stock its 6th largest holding. Gouws Capital LLC’s holdings in Amazon.com were worth $5,993,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Bridgefront Capital LLC bought a new stake in Amazon.com during the first quarter worth $228,000. Krane Funds Advisors LLC grew its holdings in Amazon.com by 239.1% during the first quarter. Krane Funds Advisors LLC now owns 78 shares of the e-commerce giant’s stock worth $254,000 after buying an additional 55 shares in the last quarter. Range Financial Group LLC bought a new stake in Amazon.com during the first quarter worth $258,000. My Personal CFO LLC bought a new stake in Amazon.com during the first quarter worth $261,000. Finally, Worth Asset Management LLC bought a new position in Amazon.com in the 1st quarter valued at $191,000. Institutional investors own 72.20% of the company’s stock.

Insider Activity

In related news, CEO Douglas J. Herrington sold 20,200 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $169.99, for a total transaction of $3,433,798.00. Following the transaction, the chief executive officer now directly owns 514,131 shares in the company, valued at approximately $87,397,128.69. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, CEO Douglas J. Herrington sold 20,200 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $169.99, for a total value of $3,433,798.00. Following the completion of the transaction, the chief executive officer now owns 514,131 shares in the company, valued at approximately $87,397,128.69. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,213,510 shares of company stock worth $5,505,798,456. 12.30% of the stock is currently owned by insiders.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $174.63 on Monday. The firm has a market capitalization of $1.82 trillion, a P/E ratio of 60.22, a P/E/G ratio of 1.52 and a beta of 1.16. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The stock’s 50-day simple moving average is $177.28 and its two-hundred day simple moving average is $157.27. Amazon.com, Inc. has a twelve month low of $101.15 and a twelve month high of $189.77.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating the consensus estimate of $0.81 by $0.19. The firm had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The company’s revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.21 EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 4.1 EPS for the current fiscal year.

Analysts Set New Price Targets

AMZN has been the subject of a number of recent analyst reports. Susquehanna upped their price objective on Amazon.com from $185.00 to $220.00 and gave the company a “positive” rating in a research note on Friday, February 2nd. Benchmark upped their price objective on Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Canaccord Genuity Group upped their price objective on Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Morgan Stanley upped their price objective on Amazon.com from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. Finally, Sanford C. Bernstein upped their price objective on Amazon.com from $175.00 to $200.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $202.80.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.