Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Cut by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P lowered its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,514,402 shares of the e-commerce giant's stock after selling 146,732 shares during the period. Amazon.com comprises about 486.2% of Loomis Sayles & Co. L P's portfolio, making the stock its 4th largest position. Loomis Sayles & Co. L P owned about 0.20% of Amazon.com worth $4,500,655,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Accordant Advisory Group Inc boosted its holdings in shares of Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares during the last quarter. Compass Planning Associates Inc bought a new stake in Amazon.com in the fourth quarter worth about $51,000. Quattro Financial Advisors LLC boosted its stake in Amazon.com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after acquiring an additional 45 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of Amazon.com during the 4th quarter valued at approximately $54,000. Finally, Iron Horse Wealth Management LLC increased its stake in shares of Amazon.com by 64.4% during the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant's stock worth $63,000 after purchasing an additional 112 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the transaction, the chief executive officer now directly owns 509,474 shares of the company's stock, valued at approximately $95,776,017.26. The trade was a 0.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the transaction, the vice president now owns 119,780 shares of the company's stock, valued at $26,647,456.60. This trade represents a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,798 shares of company stock worth $23,341,803 over the last quarter. 10.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on AMZN. Citigroup dropped their price objective on Amazon.com from $273.00 to $225.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Rosenblatt Securities increased their price target on Amazon.com from $236.00 to $287.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Citizens Jmp lowered their price objective on Amazon.com from $285.00 to $240.00 and set an "outperform" rating on the stock in a research note on Monday, April 14th. Canaccord Genuity Group reiterated a "buy" rating on shares of Amazon.com in a research report on Thursday, February 13th. Finally, Maxim Group boosted their price target on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Two analysts have rated the stock with a hold rating and forty-five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $247.56.

Amazon.com Stock Up 1.3 %

Shares of NASDAQ AMZN opened at $188.99 on Monday. The company has a market cap of $2.00 trillion, a price-to-earnings ratio of 34.18, a PEG ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The firm's fifty day moving average is $193.52 and its 200 day moving average is $208.05.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.

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