Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Stevens Capital Management LP

Stevens Capital Management LP lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 35.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,114 shares of the e-commerce giant’s stock after selling 1,147 shares during the period. Stevens Capital Management LP’s holdings in Amazon.com were worth $3,906,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. AMI Investment Management Inc. increased its stake in shares of Amazon.com by 13.8% during the third quarter. AMI Investment Management Inc. now owns 322 shares of the e-commerce giant’s stock valued at $559,000 after buying an additional 39 shares during the period. Inlet Private Wealth LLC increased its stake in shares of Amazon.com by 96.4% during the third quarter. Inlet Private Wealth LLC now owns 220 shares of the e-commerce giant’s stock valued at $382,000 after buying an additional 108 shares during the period. HM Capital Management LLC increased its stake in shares of Amazon.com by 3.2% during the third quarter. HM Capital Management LLC now owns 1,376 shares of the e-commerce giant’s stock valued at $2,388,000 after buying an additional 43 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Amazon.com by 7.6% during the third quarter. Envestnet Asset Management Inc. now owns 115,563 shares of the e-commerce giant’s stock valued at $200,607,000 after buying an additional 8,164 shares during the period. Finally, Fulton Breakefield Broenniman LLC purchased a new position in shares of Amazon.com during the third quarter valued at $9,278,000. 56.12% of the stock is currently owned by institutional investors and hedge funds.

In other news, CEO Jeffrey A. Wilke sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $1,748.04, for a total value of $1,748,040.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at $17,480,400. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jeffrey A. Wilke sold 200 shares of the firm’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $1,865.34, for a total value of $373,068.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $18,653,400. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 716,969 shares of company stock valued at $1,465,051,075. Company insiders own 16.10% of the company’s stock.

A number of brokerages recently weighed in on AMZN. JMP Securities reaffirmed an “outperform” rating and set a $2,450.00 price objective (up previously from $2,250.00) on shares of Amazon.com in a research report on Friday, January 31st. DA Davidson reaffirmed a “buy” rating and set a $2,625.00 price objective (up previously from $2,550.00) on shares of Amazon.com in a research report on Friday, January 31st. Macquarie set a $2,200.00 price objective on Amazon.com and gave the company a “buy” rating in a research report on Friday, October 25th. Cowen reaffirmed an “outperform” rating and set a $2,650.00 price objective (up previously from $2,400.00) on shares of Amazon.com in a research report on Friday, January 31st. Finally, Deutsche Bank raised their price objective on Amazon.com from $2,150.00 to $2,275.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and forty-seven have issued a buy rating to the company. Amazon.com currently has a consensus rating of “Buy” and a consensus target price of $2,319.76.

NASDAQ AMZN traded down $15.00 during trading on Monday, hitting $2,134.87. The company’s stock had a trading volume of 2,606,169 shares, compared to its average volume of 4,355,566. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.10 and a quick ratio of 0.86. The company has a market cap of $1,062.76 billion, a PE ratio of 92.78, a P/E/G ratio of 2.87 and a beta of 1.58. The business’s 50 day simple moving average is $1,928.31 and its 200-day simple moving average is $1,817.96. Amazon.com, Inc. has a fifty-two week low of $1,586.57 and a fifty-two week high of $2,185.95.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, January 30th. The e-commerce giant reported $6.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.98 by $2.49. Amazon.com had a return on equity of 21.07% and a net margin of 4.13%. The firm had revenue of $87.44 billion during the quarter, compared to analysts’ expectations of $86.09 billion. During the same period last year, the business posted $6.04 earnings per share. The company’s revenue for the quarter was up 20.8% compared to the same quarter last year. Analysts expect that Amazon.com, Inc. will post 27.57 EPS for the current fiscal year.

Amazon.com Company Profile

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

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

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