Motley Fool Wealth Management LLC Has $102.61 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Motley Fool Wealth Management LLC reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 16.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 468,790 shares of the e-commerce giant's stock after selling 92,434 shares during the period. Amazon.com makes up about 5.3% of Motley Fool Wealth Management LLC's investment portfolio, making the stock its largest position. Motley Fool Wealth Management LLC's holdings in Amazon.com were worth $102,605,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Swedbank AB increased its position in shares of Amazon.com by 1.4% during the third quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant's stock valued at $2,484,864,000 after purchasing an additional 183,610 shares during the period. Sassicaia Capital Advisers LLC bought a new stake in Amazon.com in the 3rd quarter valued at $279,000. Howard Capital Management Group LLC raised its stake in shares of Amazon.com by 0.3% in the 3rd quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant's stock valued at $66,434,000 after buying an additional 897 shares in the last quarter. Pettinga Financial Advisors LLC lifted its holdings in shares of Amazon.com by 4.3% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 5,512 shares of the e-commerce giant's stock worth $1,027,000 after acquiring an additional 225 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Amazon.com by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant's stock valued at $3,757,589,000 after acquiring an additional 984,570 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Trading Up 1.3 %

Shares of AMZN traded up $2.45 during trading hours on Friday, reaching $188.99. The stock had a trading volume of 36,349,105 shares, compared to its average volume of 41,913,658. The company has a market cap of $2.00 trillion, a P/E ratio of 34.18, a P/E/G 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 has a 50-day moving average of $193.52 and a 200 day moving average of $207.90.

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, topping the consensus estimate 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, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMZN. JMP Securities dropped their price target on shares of Amazon.com from $285.00 to $240.00 and set a "market outperform" rating for the company in a research report on Monday, April 14th. Bank of America dropped their target price on Amazon.com from $257.00 to $225.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Telsey Advisory Group decreased their price target on Amazon.com from $275.00 to $235.00 and set an "outperform" rating on the stock in a research note on Wednesday. Wedbush reissued an "outperform" rating and set a $280.00 price objective on shares of Amazon.com in a report on Friday, February 7th. Finally, Maxim Group upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $247.56.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 2,500 shares of the 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 completion of the sale, the chief executive officer now owns 509,474 shares of the company's stock, valued at $95,776,017.26. This represents a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP David Zapolsky sold 19,212 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the completion of the sale, the senior vice president now directly owns 49,950 shares in the company, valued at $10,864,125. This represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by corporate insiders.

About Amazon.com

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.