B & T Capital Management DBA Alpha Capital Management Has $9.13 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

B & T Capital Management DBA Alpha Capital Management cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 6.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 48,986 shares of the e-commerce giant's stock after selling 3,440 shares during the period. Amazon.com comprises approximately 1.7% of B & T Capital Management DBA Alpha Capital Management's holdings, making the stock its 15th biggest position. B & T Capital Management DBA Alpha Capital Management's holdings in Amazon.com were worth $9,128,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of AMZN. PayPay Securities Corp boosted its holdings in shares of Amazon.com by 64.6% in the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock valued at $32,000 after buying an additional 64 shares during the period. Christopher J. Hasenberg Inc boosted its stake in Amazon.com by 650.0% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant's stock valued at $58,000 after purchasing an additional 260 shares during the period. Koesten Hirschmann & Crabtree INC. acquired a new position in Amazon.com during the 1st quarter valued at about $69,000. Innealta Capital LLC acquired a new position in Amazon.com during the 2nd quarter valued at about $77,000. Finally, Abich Financial Wealth Management LLC boosted its stake in Amazon.com by 84.7% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 434 shares of the e-commerce giant's stock valued at $84,000 after purchasing an additional 199 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of analyst reports. Morgan Stanley boosted their target price on shares of Amazon.com from $210.00 to $230.00 and gave the company an "overweight" rating in a research note on Monday. Cantor Fitzgerald reissued an "overweight" rating and set a $230.00 target price on shares of Amazon.com in a research note on Monday, October 7th. Robert W. Baird boosted their target price on shares of Amazon.com from $213.00 to $220.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Wells Fargo & Company downgraded shares of Amazon.com from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $225.00 to $183.00 in a research report on Monday, October 7th. Finally, Benchmark boosted their price target on shares of Amazon.com from $200.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and a consensus price target of $234.55.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the sale, the chief executive officer now directly owns 2,056,534 shares of the company's stock, valued at approximately $371,759,651.18. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Brian T. Olsavsky sold 14,600 shares of the company's stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.00, for a total transaction of $2,628,000.00. Following the completion of the transaction, the chief financial officer now directly owns 49,000 shares in the company, valued at $8,820,000. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the transaction, the chief executive officer now owns 2,056,534 shares of the company's stock, valued at approximately $371,759,651.18. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 55,859 shares of company stock valued at $10,215,097. Company insiders own 10.80% of the company's stock.

Amazon.com Stock Up 1.4 %

AMZN stock traded up $2.96 during trading hours on Thursday, hitting $210.05. The company's stock had a trading volume of 52,821,583 shares, compared to its average volume of 41,462,430. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $2.21 trillion, a PE ratio of 44.98, a price-to-earnings-growth ratio of 1.46 and a beta of 1.14. Amazon.com, Inc. has a 12 month low of $139.52 and a 12 month high of $212.25. The stock has a 50 day moving average price of $186.48 and a two-hundred day moving average price of $184.23.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.29. The business had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. Amazon.com's quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.85 EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 4.98 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.