Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Ashburton Jersey Ltd

Ashburton Jersey Ltd lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 7.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,264 shares of the e-commerce giant’s stock after selling 7,846 shares during the quarter. Amazon.com comprises about 6.5% of Ashburton Jersey Ltd’s investment portfolio, making the stock its 7th biggest position. Ashburton Jersey Ltd’s holdings in Amazon.com were worth $14,171,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PayPay Securities Corp raised its stake in Amazon.com by 54.3% during the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 94 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Amazon.com by 45.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 86 shares during the period. Strid Group LLC acquired a new position in shares of Amazon.com during the fourth quarter valued at about $43,000. Bruce G. Allen Investments LLC bought a new stake in shares of Amazon.com in the fourth quarter valued at about $57,000. Finally, Authentikos Wealth Advisory LLC acquired a new stake in Amazon.com during the third quarter worth about $49,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insiders Place Their Bets

In other news, Director Jonathan Rubinstein sold 5,556 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $180.00, for a total value of $1,000,080.00. Following the completion of the transaction, the director now owns 109,664 shares in the company, valued at $19,739,520. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Jonathan Rubinstein sold 5,556 shares of the company’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,000,080.00. Following the completion of the transaction, the director now directly owns 109,664 shares of the company’s stock, valued at $19,739,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Adam Selipsky sold 500 shares of the 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 transaction, the chief executive officer now owns 132,600 shares of the company’s stock, valued at $23,868,000. The disclosure for this sale can be found here. In the last three months, insiders have sold 117,894 shares of company stock worth $21,363,909. Company insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on AMZN shares. JMP Securities reiterated a “market outperform” rating and issued a $225.00 price objective on shares of Amazon.com in a research report on Wednesday, May 1st. UBS Group boosted their price target on shares of Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Roth Mkm reaffirmed a “buy” rating and set a $210.00 price objective (up from $205.00) on shares of Amazon.com in a report on Wednesday, May 1st. TD Cowen upped their target price on shares of Amazon.com from $200.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Finally, Rosenblatt Securities restated a “buy” rating and set a $220.00 price target on shares of Amazon.com in a research note on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $211.62.

Amazon.com Trading Down 0.2 %

Shares of NASDAQ AMZN opened at $180.75 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a twelve month low of $114.31 and a twelve month high of $191.70. The company’s fifty day moving average is $182.04 and its 200-day moving average is $166.06. The stock has a market cap of $1.88 trillion, a price-to-earnings ratio of 50.63, a P/E/G ratio of 1.31 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. During the same period in the previous year, the firm earned $0.31 earnings per share. The company’s revenue was up 12.5% on a year-over-year basis. Equities research analysts predict that Amazon.com, Inc. will post 4.72 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.