S. R. Schill & Associates Trims Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

S. R. Schill & Associates decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 21.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,746 shares of the e-commerce giant’s stock after selling 3,653 shares during the period. Amazon.com accounts for about 0.9% of S. R. Schill & Associates’ investment portfolio, making the stock its 19th largest position. S. R. Schill & Associates’ holdings in Amazon.com were worth $2,089,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. PayPay Securities Corp boosted its stake in shares of Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. lifted 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 worth $42,000 after purchasing an additional 86 shares in the last quarter. Bruce G. Allen Investments LLC bought a new position in Amazon.com in the 4th quarter worth approximately $57,000. Authentikos Wealth Advisory LLC purchased a new stake in Amazon.com during the 3rd quarter valued at approximately $49,000. Finally, AM Squared Ltd bought a new stake in shares of Amazon.com during the third quarter valued at approximately $76,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the subject of a number of research reports. The Goldman Sachs Group upped their target price on shares of Amazon.com from $220.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday. Wells Fargo & Company lifted their target price on Amazon.com from $217.00 to $234.00 and gave the stock an “overweight” rating in a report on Wednesday. Needham & Company LLC reissued a “buy” rating and set a $205.00 price target on shares of Amazon.com in a research note on Wednesday. Canaccord Genuity Group raised their price target on Amazon.com from $185.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Finally, Raymond James increased their target price on Amazon.com from $200.00 to $205.00 and gave the company a “strong-buy” rating in a research report on Wednesday. One research analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $211.07.

Amazon.com Trading Up 0.8 %

NASDAQ AMZN opened at $186.21 on Friday. Amazon.com, Inc. has a one year low of $103.31 and a one year high of $189.77. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.07. The company has a market capitalization of $1.93 trillion, a price-to-earnings ratio of 52.16, a price-to-earnings-growth ratio of 1.55 and a beta of 1.15. The company’s 50-day simple moving average is $178.79 and its two-hundred day simple moving average is $159.95.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.15. The company had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. Amazon.com’s revenue was up 12.5% compared to the same quarter last year. During the same period last year, the company posted $0.31 earnings per share. Equities analysts forecast that Amazon.com, Inc. will post 4.12 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In related news, CEO Douglas J. Herrington sold 3,500 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $180.29, for a total transaction of $631,015.00. Following the sale, the chief executive officer now owns 509,358 shares of the company’s stock, valued at $91,832,153.82. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $180.29, for a total transaction of $631,015.00. Following the completion of the sale, the chief executive officer now directly owns 509,358 shares of the company’s stock, valued at $91,832,153.82. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 20,200 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $169.99, for a total transaction of $3,433,798.00. Following the completion of the sale, the chief executive officer now owns 514,131 shares in the company, valued at $87,397,128.69. The disclosure for this sale can be found here. In the last three months, insiders sold 32,217,010 shares of company stock valued at $5,506,442,301. Corporate insiders own 10.80% 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.