Amazon.com, Inc. (NASDAQ:AMZN) is Clay Northam Wealth Management LLC’s 5th Largest Position

Clay Northam Wealth Management LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,001 shares of the e-commerce giant’s stock after selling 135 shares during the period. Amazon.com makes up approximately 7.2% of Clay Northam Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. Clay Northam Wealth Management LLC’s holdings in Amazon.com were worth $8,053,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC grew its position in Amazon.com by 5.0% in the fourth quarter. Venturi Wealth Management LLC now owns 41,919 shares of the e-commerce giant’s stock worth $6,369,000 after acquiring an additional 1,997 shares in the last quarter. Integrated Investment Consultants LLC lifted its stake in Amazon.com by 9.4% in the fourth quarter. Integrated Investment Consultants LLC now owns 18,072 shares of the e-commerce giant’s stock worth $2,746,000 after purchasing an additional 1,548 shares during the last quarter. Better Money Decisions LLC lifted its stake in Amazon.com by 2.6% in the fourth quarter. Better Money Decisions LLC now owns 8,183 shares of the e-commerce giant’s stock worth $1,243,000 after purchasing an additional 207 shares during the last quarter. Beacon Financial Advisory LLC lifted its stake in Amazon.com by 4.0% in the fourth quarter. Beacon Financial Advisory LLC now owns 13,720 shares of the e-commerce giant’s stock worth $2,085,000 after purchasing an additional 532 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC lifted its stake in Amazon.com by 1.7% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 38,825 shares of the e-commerce giant’s stock worth $5,899,000 after purchasing an additional 653 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total value of $523,807.00. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total value of $523,807.00. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares in the company, valued at $18,150,723.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,213,510 shares of company stock valued at $5,505,798,456. 12.70% of the stock is owned by insiders.

Amazon.com Price Performance

Shares of AMZN opened at $181.28 on Thursday. The firm has a market capitalization of $1.89 trillion, a PE ratio of 62.51, a price-to-earnings-growth ratio of 1.60 and a beta of 1.16. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. Amazon.com, Inc. has a 1-year low of $101.15 and a 1-year high of $189.77. The company’s fifty day moving average price is $177.09 and its 200-day moving average price is $156.36.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. The firm had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.21 earnings per share. On average, equities research analysts predict that Amazon.com, Inc. will post 4.08 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Morgan Stanley raised their price objective on shares of Amazon.com from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Royal Bank of Canada raised their price objective on shares of Amazon.com from $180.00 to $215.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Telsey Advisory Group reissued an “outperform” rating and issued a $200.00 price objective on shares of Amazon.com in a research note on Wednesday, March 27th. Oppenheimer raised their price objective on shares of Amazon.com from $200.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Finally, Canaccord Genuity Group raised their price objective on shares of Amazon.com from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $202.80.

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.