Safeguard Financial LLC Has $318,000 Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Safeguard Financial LLC trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 29.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,094 shares of the e-commerce giant’s stock after selling 856 shares during the quarter. Safeguard Financial LLC’s holdings in Amazon.com were worth $318,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Lake Hills Wealth Management LLC raised its position in shares of Amazon.com by 0.8% in the fourth quarter. Lake Hills Wealth Management LLC now owns 7,985 shares of the e-commerce giant’s stock valued at $1,213,000 after purchasing an additional 65 shares during the period. Veery Capital LLC grew its stake in Amazon.com by 1.1% in the 4th quarter. Veery Capital LLC now owns 5,890 shares of the e-commerce giant’s stock valued at $895,000 after buying an additional 66 shares during the last quarter. Bellwether Advisors LLC raised its holdings in Amazon.com by 2.3% in the 4th quarter. Bellwether Advisors LLC now owns 2,936 shares of the e-commerce giant’s stock worth $446,000 after acquiring an additional 66 shares during the period. StrategIQ Financial Group LLC lifted its position in Amazon.com by 0.3% during the 4th quarter. StrategIQ Financial Group LLC now owns 23,259 shares of the e-commerce giant’s stock worth $3,534,000 after acquiring an additional 66 shares during the last quarter. Finally, Marion Wealth Management boosted its holdings in Amazon.com by 1.6% during the fourth quarter. Marion Wealth Management now owns 4,321 shares of the e-commerce giant’s stock valued at $657,000 after acquiring an additional 67 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AMZN shares. The Goldman Sachs Group lifted their price objective on Amazon.com from $220.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Wedbush reiterated an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a report on Wednesday, May 1st. Citigroup increased their price objective on Amazon.com from $235.00 to $245.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. UBS Group upped their target price on shares of Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Finally, Raymond James raised their price target on shares of Amazon.com from $200.00 to $205.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, May 1st. One research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $211.62.

Insider Transactions at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total value of $90,000.00. Following the transaction, the chief executive officer now directly owns 132,600 shares in the company, valued at $23,868,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $180.00, for a total value of $90,000.00. Following the completion of the sale, the chief executive officer now directly owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 20,200 shares of Amazon.com 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 disclosure for this sale can be found here. Insiders sold a total of 32,217,010 shares of company stock worth $5,506,442,301 in the last quarter. 10.80% of the stock is owned by company insiders.

Amazon.com Stock Up 1.3 %

NASDAQ AMZN opened at $188.70 on Tuesday. The stock has a market capitalization of $1.96 trillion, a P/E ratio of 52.86, a price-to-earnings-growth ratio of 1.35 and a beta of 1.15. Amazon.com, Inc. has a 52 week low of $104.70 and a 52 week high of $189.77. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. The stock has a fifty day moving average of $179.29 and a 200-day moving average of $161.18.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.15. The firm had revenue of $143.31 billion during the quarter, compared to analyst estimates of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s revenue was up 12.5% on a year-over-year basis. During the same period last year, the company earned $0.31 earnings per share. On average, equities research analysts forecast that Amazon.com, Inc. will post 4.67 EPS for the current year.

Amazon.com Company 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.