Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Norman Fields Gottscho Capital Management LLC

Norman Fields Gottscho Capital Management LLC cut its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% during the 4th quarter, Holdings Channel reports. The firm owned 43,125 shares of the e-commerce giant’s stock after selling 132 shares during the period. Amazon.com comprises 3.1% of Norman Fields Gottscho Capital Management LLC’s investment portfolio, making the stock its 8th largest position. Norman Fields Gottscho Capital Management LLC’s holdings in Amazon.com were worth $9,461,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Ridgeline Wealth LLC bought a new position in shares of Amazon.com in the fourth quarter valued at $237,000. ShankerValleau Wealth Advisors Inc. purchased a new stake in shares of Amazon.com during the fourth quarter valued at $582,000. Canandaigua National Trust Co of Florida boosted its position in shares of Amazon.com by 14.6% in the 4th quarter. Canandaigua National Trust Co of Florida now owns 15,852 shares of the e-commerce giant’s stock valued at $3,478,000 after purchasing an additional 2,022 shares during the period. Advance Capital Management Inc. increased its stake in Amazon.com by 0.6% in the 4th quarter. Advance Capital Management Inc. now owns 9,714 shares of the e-commerce giant’s stock worth $2,131,000 after purchasing an additional 57 shares in the last quarter. Finally, Oliver Luxxe Assets LLC lifted its stake in Amazon.com by 0.7% during the fourth quarter. Oliver Luxxe Assets LLC now owns 34,213 shares of the e-commerce giant’s stock valued at $7,506,000 after buying an additional 227 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Performance

AMZN opened at $225.94 on Monday. The stock has a market cap of $2.38 trillion, a PE ratio of 48.38, a P/E/G ratio of 1.22 and a beta of 1.14. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $233.00. The stock’s 50 day simple moving average is $217.91 and its 200-day simple moving average is $196.28. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.29. The company 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%. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period last year, the firm earned $0.85 EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 5.38 EPS for the current year.

Analysts Set New Price Targets

AMZN has been the topic of several analyst reports. Loop Capital lifted their target price on shares of Amazon.com from $225.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Mizuho lifted their price objective on shares of Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. Evercore ISI increased their target price on Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Maxim Group lifted their price target on Amazon.com from $251.00 to $260.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, HSBC increased their price objective on Amazon.com from $225.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $245.65.

Insider Activity

In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the sale, the director now owns 24,912 shares of the company’s stock, valued at approximately $4,958,982.72. This trade represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $208.85, for a total value of $625,790,203.70. Following the completion of the transaction, the insider now directly owns 917,416,976 shares in the company, valued at $191,602,535,437.60. The trade was a 0.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,032,344 shares of company stock worth $1,253,456,822. Company insiders own 10.80% of the company’s stock.

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.