Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Leonard Rickey Investment Advisors P.L.L.C.

Leonard Rickey Investment Advisors P.L.L.C. lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,903 shares of the e-commerce giant’s stock after selling 295 shares during the quarter. Amazon.com accounts for about 0.5% of Leonard Rickey Investment Advisors P.L.L.C.’s portfolio, making the stock its 26th largest holding. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in Amazon.com were worth $1,657,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Mayflower Financial Advisors LLC raised its holdings in Amazon.com by 0.3% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 572 shares during the period. PayPay Securities Corp raised its holdings in Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after purchasing an additional 94 shares during the period. Laurel Wealth Planning LLC raised its holdings in Amazon.com by 1,900.0% in the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock worth $34,000 after purchasing an additional 304 shares during the period. Sanctuary Wealth Management L.L.C. acquired a new position in Amazon.com in the 4th quarter worth about $37,000. Finally, Swaine & Leidel Wealth Services LLC acquired a new position in Amazon.com in the 1st quarter worth about $38,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity

In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the sale, the chief executive officer now directly owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 50,000 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $168.65, for a total transaction of $8,432,500.00. Following the sale, the chief executive officer now directly owns 2,014,055 shares of the company’s stock, valued at $339,670,375.75. The disclosure for this sale can be found here. Insiders sold 32,213,510 shares of company stock valued at $5,505,798,456 in the last ninety days. Company insiders own 12.30% of the company’s stock.

Amazon.com Trading Down 1.1 %

Shares of AMZN opened at $179.22 on Friday. The stock has a fifty day moving average of $177.28 and a two-hundred day moving average of $156.52. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The company has a market capitalization of $1.86 trillion, a PE ratio of 61.80, a price-to-earnings-growth ratio of 1.60 and a beta of 1.16. Amazon.com, Inc. has a fifty-two week low of $101.15 and a fifty-two week high of $189.77.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The company had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. During the same period in the previous year, the company earned $0.21 EPS. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. As a group, analysts forecast that Amazon.com, Inc. will post 4.08 EPS for the current year.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research analyst reports. Royal Bank of Canada increased their target price on Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Wedbush restated an “outperform” rating and issued a $220.00 price target on shares of Amazon.com in a research report on Wednesday, April 10th. Maxim Group started coverage on Amazon.com in a research report on Wednesday. They issued a “buy” rating and a $218.00 price target for the company. Wolfe Research upped their price target on Amazon.com from $195.00 to $205.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Finally, Oppenheimer upped their price target on Amazon.com from $200.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $202.80.

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.