Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Windward Capital Management Co. CA

Windward Capital Management Co. CA lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 429,645 shares of the e-commerce giant’s stock after selling 2,260 shares during the quarter. Amazon.com comprises about 3.9% of Windward Capital Management Co. CA’s portfolio, making the stock its 4th largest holding. Windward Capital Management Co. CA’s holdings in Amazon.com were worth $36,090,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Kavar Capital Partners Group LLC increased its holdings in 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 valued at $3,654,000 after buying an additional 79 shares during the period. IFM Investors Pty Ltd increased its holdings in 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 valued at $237,686,000 after buying an additional 13,060 shares during the period. Ironwood Wealth Management LLC. increased its holdings in 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 valued at $5,901,000 after buying an additional 15 shares during the period. Markel Corp grew its holdings in shares of Amazon.com by 0.6% during the 1st quarter. Markel Corp now owns 99,068 shares of the e-commerce giant’s stock valued at $322,956,000 after purchasing an additional 550 shares during the last quarter. Finally, Leelyn Smith LLC grew its holdings in shares of Amazon.com by 24.8% during the 1st quarter. Leelyn Smith LLC now owns 2,721 shares of the e-commerce giant’s stock valued at $8,870,000 after purchasing an additional 540 shares during the last quarter. Institutional investors and hedge funds own 57.64% of the company’s stock.

Amazon.com Stock Down 1.1 %

Shares of NASDAQ AMZN opened at $98.95 on Friday. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $170.83. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.72. The firm’s 50 day simple moving average is $97.01 and its two-hundred day simple moving average is $101.72. The stock has a market capitalization of $1.01 trillion, a P/E ratio of -369.20, a PEG ratio of 3.91 and a beta of 1.25.

Amazon.com (NASDAQ:AMZN – Get Rating) last issued its quarterly earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). Amazon.com had a negative net margin of 0.53% and a positive return on equity of 5.33%. The business had revenue of $149.20 billion for the quarter, compared to the consensus estimate of $145.72 billion. During the same quarter in the previous year, the business earned $1.39 earnings per share. The firm’s revenue was up 8.6% on a year-over-year basis. As a group, analysts expect that Amazon.com, Inc. will post 1.34 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on AMZN shares. Morgan Stanley lifted their price target on shares of Amazon.com from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Friday, February 3rd. Evercore ISI lifted their target price on shares of Amazon.com from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, February 3rd. JPMorgan Chase & Co. cut their target price on shares of Amazon.com from $142.00 to $135.00 and set an “overweight” rating on the stock in a research report on Thursday. Needham & Company LLC restated a “buy” rating and issued a $120.00 price target on shares of Amazon.com in a research report on Friday, February 3rd. Finally, Credit Suisse Group boosted their price target on shares of Amazon.com from $142.00 to $171.00 and gave the stock an “outperform” rating in a research report on Monday, January 30th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and forty-one have assigned a buy rating to the company’s stock. According to MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $144.72.

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $93.80, for a total value of $375,200.00. Following the transaction, the chief executive officer now owns 560,298 shares in the company, valued at $52,555,952.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Adam Selipsky sold 5,100 shares of the firm’s stock in a transaction on Thursday, February 2nd. The stock was sold at an average price of $111.43, for a total value of $568,293.00. Following the completion of the sale, the chief executive officer now owns 124,180 shares of the company’s stock, valued at $13,837,377.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction on Wednesday, March 1st. The stock was sold at an average price of $93.80, for a total value of $375,200.00. Following the completion of the sale, the chief executive officer now directly owns 560,298 shares of the company’s stock, valued at approximately $52,555,952.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 71,394 shares of company stock worth $6,994,626. Insiders own 12.70% of the company’s stock.

Amazon.com Profile

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.