Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Lynx Investment Advisory

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Lynx Investment Advisory cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,780 shares of the e-commerce giant’s stock after selling 145 shares during the quarter. Amazon.com accounts for 2.2% [...]

Lynx Investment Advisory cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.

0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,780 shares of the e-commerce giant’s stock after selling 145 shares during the quarter. Amazon.



com accounts for 2.2% of Lynx Investment Advisory’s investment portfolio, making the stock its 12th largest position. Lynx Investment Advisory’s holdings in Amazon.

com were worth $3,243,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc.

raised its stake in shares of Amazon.com by 2.2% in the fourth quarter.

Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant’s stock valued at $180,637,081,000 after acquiring an additional 17,635,391 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in Amazon.

com by 17,054.5% during the 4th quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock worth $2,652,116,000 after purchasing an additional 12,018,120 shares during the period.

Parnassus Investments LLC raised its position in Amazon.com by 82,457.3% in the 3rd quarter.

Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock valued at $2,125,148,000 after purchasing an additional 11,391,479 shares in the last quarter. State Street Corp raised its position in Amazon.com by 3.

3% in the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after purchasing an additional 11,370,309 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Amazon.

com by 3.4% in the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after buying an additional 6,545,944 shares during the period.

Hedge funds and other institutional investors own 72.20% of the company’s stock. Insider Activity at Amazon.

comIn other news, SVP David Zapolsky sold 19,212 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $217.50, for a total value of $4,178,610.

00. Following the completion of the transaction, the senior vice president now owns 49,950 shares of the company’s stock, valued at $10,864,125. The trade was a 27.

78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Douglas J.

Herrington sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total transaction of $469,975.

00. Following the sale, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.26.

This trade represents a 0.49 % decrease in their position. The disclosure for this sale can be found here.

In the last 90 days, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by corporate insiders.

Analyst Ratings ChangesSeveral analysts recently weighed in on AMZN shares. Royal Bank of Canada raised their target price on shares of Amazon.com from $255.

00 to $265.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Canaccord Genuity Group restated a “buy” rating on shares of Amazon.

com in a report on Thursday, February 13th. Citigroup lowered their target price on shares of Amazon.com from $273.

00 to $225.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Wolfe Research raised their price target on Amazon.

com from $250.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd.

Finally, JPMorgan Chase & Co. lowered their price objective on Amazon.com from $270.

00 to $220.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company.

Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $247.56.

Get Our Latest Research Report on AMZNAmazon.com Trading Up 3.3 %NASDAQ:AMZN opened at $186.

54 on Friday. The company has a market capitalization of $1.98 trillion, a PE ratio of 33.

73, a price-to-earnings-growth 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 stock has a fifty day simple moving average of $194.

27 and a 200-day simple moving average of $207.70. The company has a quick ratio of 0.

87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.

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, beating the consensus estimate of $1.52 by $0.34.

Amazon.com had a net margin of 9.29% and a return on equity of 24.

25%. On average, equities research analysts expect that Amazon.com, Inc.

will post 6.31 earnings per share for the current fiscal year. About Amazon.

com (Free Report)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.Further ReadingFive stocks we like better than Amazon.comAsset Allocation Strategies in Volatile Markets2 Strong Utilities Plays With Booming Earnings and Room to GrowTransportation Stocks InvestingWhy Smart Investors Don’t Panic in Election SeasonDo ETFs Pay Dividends? What You Need to KnowNow Is the Time to Buy ServiceNow—The Rebound Is RealWant to see what other hedge funds are holding AMZN? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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