Commons Capital LLC Has $4.22 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Commons Capital LLC reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,775 shares of the e-commerce giant’s stock after selling 176 shares during the period. Amazon.com makes up about 6.7% of Commons Capital LLC’s holdings, making the stock its 3rd largest holding. Commons Capital LLC’s holdings in Amazon.com were worth $4,220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in AMZN. Fiduciary Planning LLC grew its stake in shares of Amazon.com by 1.5% in the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock worth $1,138,000 after purchasing an additional 5 shares during the last quarter. HBC Financial Services PLLC grew its stake in shares of Amazon.com by 0.8% in the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock worth $1,717,000 after purchasing an additional 5 shares during the last quarter. Meridian Investment Counsel Inc. grew its stake in shares of Amazon.com by 3.4% in the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock worth $492,000 after purchasing an additional 5 shares during the last quarter. Alterna Wealth Management Inc. grew its stake in shares of Amazon.com by 1.8% in the first quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $942,000 after purchasing an additional 5 shares during the last quarter. Finally, Archetype Wealth Partners grew its stake in shares of Amazon.com by 3.7% in the first quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock worth $552,000 after purchasing an additional 6 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AMZN shares. Deutsche Bank Aktiengesellschaft raised their target price on Amazon.com from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Bank of America lifted their price objective on Amazon.com from $185.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Robert W. Baird lifted their price objective on Amazon.com from $185.00 to $205.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Mizuho lifted their price objective on Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, JMP Securities lifted their price objective on Amazon.com from $175.00 to $225.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $197.95.

Amazon.com Trading Up 0.9 %

NASDAQ:AMZN opened at $179.83 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The firm has a market capitalization of $1.87 trillion, a price-to-earnings ratio of 62.01, a price-to-earnings-growth ratio of 1.57 and a beta of 1.17. Amazon.com, Inc. has a one year low of $96.29 and a one year high of $181.41. The business has a fifty day moving average price of $169.73 and a 200-day moving average price of $151.07.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping the consensus estimate of $0.81 by $0.19. The firm had revenue of $169.96 billion during the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. Amazon.com’s revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.21 EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 4.08 EPS for the current year.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of the company’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the completion of the sale, the insider now directly owns 982,252,968 shares in the company, valued at approximately $167,140,165,034.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Jeffrey P. Bezos sold 5,998,849 shares of the company’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the completion of the transaction, the insider now owns 982,252,968 shares of the company’s stock, valued at approximately $167,140,165,034.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $145.63, for a total transaction of $72,815.00. Following the completion of the transaction, the chief executive officer now directly owns 118,560 shares of the company’s stock, valued at approximately $17,265,892.80. The disclosure for this sale can be found here. Insiders sold 32,210,510 shares of company stock worth $5,505,223,106 in the last three months. Corporate insiders own 12.70% of the company’s stock.

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.