Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Egerton Capital UK LLP

Egerton Capital UK LLP trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 21.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,408,143 shares of the e-commerce giant's stock after selling 659,947 shares during the quarter. Amazon.com makes up approximately 6.1% of Egerton Capital UK LLP's investment portfolio, making the stock its 3rd biggest holding. Egerton Capital UK LLP's holdings in Amazon.com were worth $528,322,000 as of its most recent SEC filing.

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

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Amazon.com Trading Down 1.4 %

NASDAQ AMZN traded down $2.53 on Tuesday, reaching $179.59. The stock had a trading volume of 43,239,677 shares, compared to its average volume of 41,637,411. 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 stock has a fifty day moving average price of $203.14 and a two-hundred day moving average price of $208.50. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The firm has a market capitalization of $1.90 trillion, a price-to-earnings ratio of 32.48, a P/E/G ratio of 1.50 and a beta of 1.39.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating 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%. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the sale, the chief executive officer now directly owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This represents a 0.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now directly owns 497,067 shares of the company's stock, valued at approximately $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 104,798 shares of company stock valued at $23,341,803 in the last ninety days. Company insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on AMZN shares. Raymond James boosted their price target on Amazon.com from $260.00 to $275.00 in a research note on Monday, February 10th. Citigroup cut their price target on shares of Amazon.com from $273.00 to $225.00 and set a "buy" rating on the stock in a research note on Monday. Canaccord Genuity Group reiterated a "buy" rating on shares of Amazon.com in a research note on Thursday, February 13th. Rosenblatt Securities upped their target price on Amazon.com from $236.00 to $287.00 and gave the company a "buy" rating in a research report on Friday, February 7th. Finally, Jefferies Financial Group lowered their price target on Amazon.com from $275.00 to $250.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Two analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $253.56.

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.