Semus Wealth Partners LLC Sells 11,051 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Semus Wealth Partners LLC lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 40.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,270 shares of the e-commerce giant’s stock after selling 11,051 shares during the period. Amazon.com comprises approximately 2.0% of Semus Wealth Partners LLC’s holdings, making the stock its 11th biggest position. Semus Wealth Partners LLC’s holdings in Amazon.com were worth $2,472,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Mayflower Financial Advisors LLC increased its holdings in Amazon.com by 0.3% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 572 shares in the last quarter. PayPay Securities Corp increased its holdings in Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 94 shares in the last quarter. Laurel Wealth Planning LLC increased its holdings in Amazon.com by 1,900.0% in the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 304 shares in the last quarter. Sanctuary Wealth Management L.L.C. purchased a new stake in Amazon.com in the 4th quarter worth approximately $37,000. Finally, Swaine & Leidel Wealth Services LLC purchased a new stake in Amazon.com in the 1st quarter worth approximately $38,000. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AMZN shares. Oppenheimer increased their target price on shares of Amazon.com from $200.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Wells Fargo & Company increased their target price on shares of Amazon.com from $211.00 to $217.00 and gave the stock an “overweight” rating in a report on Monday, April 1st. Piper Sandler increased their price objective on shares of Amazon.com from $185.00 to $205.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. Benchmark increased their price objective on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Finally, Wedbush reaffirmed an “outperform” rating and set a $220.00 price objective on shares of Amazon.com in a report on Wednesday, April 10th. One research 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $202.80.

Amazon.com Stock Down 1.1 %

NASDAQ:AMZN opened at $179.22 on Friday. Amazon.com, Inc. has a twelve month low of $101.15 and a twelve month high of $189.77. The company has a market cap of $1.86 trillion, a price-to-earnings ratio of 61.80, a price-to-earnings-growth ratio of 1.60 and a beta of 1.16. The stock has a fifty day simple moving average of $177.28 and a 200-day simple moving average of $156.52. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

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

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 5,998,849 shares of Amazon.com stock in a transaction dated 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 $167,140,165,034.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Jeffrey P. Bezos sold 5,998,849 shares of Amazon.com stock in a transaction dated 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 $167,140,165,034.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the sale, the chief executive officer now owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The disclosure for this sale can be found here. Insiders sold 32,213,510 shares of company stock worth $5,505,798,456 over the last three months. 12.30% of the stock is owned by corporate insiders.

Amazon.com Company 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.