Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Trimmed by Rothschild Investment LLC

Rothschild Investment LLC decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 108,386 shares of the e-commerce giant’s stock after selling 75 shares during the period. Amazon.com makes up approximately 1.6% of Rothschild Investment LLC’s portfolio, making the stock its 9th biggest position. Rothschild Investment LLC’s holdings in Amazon.com were worth $23,779,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealthstream Advisors Inc. boosted its position in shares of Amazon.com by 6.3% in the fourth quarter. Wealthstream Advisors Inc. now owns 13,261 shares of the e-commerce giant’s stock worth $2,909,000 after acquiring an additional 787 shares during the last quarter. Crestwood Advisors Group LLC raised its stake in Amazon.com by 2.3% during the fourth quarter. Crestwood Advisors Group LLC now owns 942,338 shares of the e-commerce giant’s stock worth $206,740,000 after purchasing an additional 21,314 shares during the period. IFP Advisors Inc boosted its holdings in shares of Amazon.com by 26.0% in the 4th quarter. IFP Advisors Inc now owns 157,452 shares of the e-commerce giant’s stock valued at $34,544,000 after purchasing an additional 32,499 shares during the last quarter. Rowlandmiller & PARTNERS.ADV grew its stake in shares of Amazon.com by 1.6% during the 4th quarter. Rowlandmiller & PARTNERS.ADV now owns 9,307 shares of the e-commerce giant’s stock valued at $2,042,000 after buying an additional 150 shares during the period. Finally, Hardman Johnston Global Advisors LLC grew its stake in shares of Amazon.com by 40.1% during the 4th quarter. Hardman Johnston Global Advisors LLC now owns 179,505 shares of the e-commerce giant’s stock valued at $39,382,000 after buying an additional 51,335 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on AMZN shares. JMP Securities reiterated a “market outperform” rating and issued a $285.00 target price on shares of Amazon.com in a report on Friday, February 7th. Benchmark raised their price objective on Amazon.com from $215.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Barclays boosted their target price on Amazon.com from $235.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Raymond James increased their target price on shares of Amazon.com from $260.00 to $275.00 in a research report on Monday, February 10th. Finally, Rosenblatt Securities lifted their price target on shares of Amazon.com from $236.00 to $287.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.65.

Amazon.com Stock Performance

AMZN stock opened at $201.13 on Thursday. The stock’s 50 day simple moving average is $217.91 and its 200 day simple moving average is $208.80. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The firm has a market cap of $2.13 trillion, a P/E ratio of 36.37, a P/E/G ratio of 1.50 and a beta of 1.19. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the sale, the chief executive officer now owns 2,118,886 shares in the company, valued at $467,532,195.90. The trade was a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 102,298 shares of company stock worth $22,871,828 over the last quarter. 10.80% of the stock is owned by company insiders.

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.