Barton Investment Management Reduces Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Barton Investment Management decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 701,295 shares of the e-commerce giant’s stock after selling 1,724 shares during the quarter. Amazon.com comprises approximately 13.9% of Barton Investment Management’s holdings, making the stock its 3rd largest position. Barton Investment Management’s holdings in Amazon.com were worth $106,555,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mayflower Financial Advisors LLC raised its position in shares of Amazon.com by 0.3% during the third quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock valued at $25,000 after buying an additional 572 shares during the last quarter. PayPay Securities Corp increased its stake in Amazon.com by 54.3% during the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after acquiring an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. raised its holdings in Amazon.com by 45.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after acquiring an additional 86 shares in the last quarter. Authentikos Wealth Advisory LLC bought a new stake in shares of Amazon.com in the 3rd quarter worth approximately $49,000. Finally, Bruce G. Allen Investments LLC acquired a new stake in shares of Amazon.com during the 4th quarter worth approximately $57,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total transaction of $92,000.00. Following the transaction, the chief executive officer now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Andrew R. Jassy sold 50,000 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $168.65, for a total transaction of $8,432,500.00. Following the sale, the chief executive officer now owns 2,014,055 shares of the company’s stock, valued at approximately $339,670,375.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the transaction, the chief executive officer now owns 131,600 shares in the company, valued at $24,214,400. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,214,010 shares of company stock worth $5,505,889,146. 10.80% of the stock is currently owned by company insiders.

Amazon.com Price Performance

AMZN opened at $177.23 on Tuesday. The company has a fifty day moving average price of $177.38 and a two-hundred day moving average price of $157.63. The firm has a market capitalization of $1.84 trillion, a PE ratio of 61.11, a P/E/G ratio of 1.52 and a beta of 1.17. Amazon.com, Inc. has a 52 week low of $101.15 and a 52 week high of $189.77. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. During the same period in the previous year, the firm earned $0.21 earnings per share. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. As a group, analysts anticipate that Amazon.com, Inc. will post 4.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of several research reports. Barclays raised their target price on Amazon.com from $190.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, February 2nd. JPMorgan Chase & Co. raised their price objective on shares of Amazon.com from $190.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. Stifel Nicolaus upped their target price on shares of Amazon.com from $200.00 to $224.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. UBS Group raised their price target on shares of Amazon.com from $180.00 to $198.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. One research analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $202.80.

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.