Baldwin Brothers Inc. MA decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,996 shares of the e-commerce giant’s stock after selling 260 shares during the quarter. Amazon.com accounts for approximately 4.6% of Baldwin Brothers Inc. MA’s holdings, making the stock its biggest holding. Baldwin Brothers Inc. MA’s holdings in Amazon.com were worth $29,232,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in AMZN. Regis Management CO LLC grew its holdings in shares of Amazon.com by 0.9% in the 2nd quarter. Regis Management CO LLC now owns 231 shares of the e-commerce giant’s stock worth $224,000 after purchasing an additional 2 shares during the last quarter. Hall Capital Management Co. Inc. grew its holdings in shares of Amazon.com by 0.8% in the 2nd quarter. Hall Capital Management Co. Inc. now owns 403 shares of the e-commerce giant’s stock worth $390,000 after purchasing an additional 3 shares during the last quarter. Noesis Capital Mangement Corp grew its holdings in shares of Amazon.com by 0.8% in the 2nd quarter. Noesis Capital Mangement Corp now owns 505 shares of the e-commerce giant’s stock worth $489,000 after purchasing an additional 4 shares during the last quarter. Exencial Wealth Advisors LLC grew its holdings in shares of Amazon.com by 1.3% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 395 shares of the e-commerce giant’s stock worth $382,000 after purchasing an additional 5 shares during the last quarter. Finally, Kingfisher Capital LLC grew its holdings in Amazon.com by 0.3% during the 2nd quarter. Kingfisher Capital LLC now owns 1,632 shares of the e-commerce giant’s stock worth $1,580,000 after acquiring an additional 5 shares during the last quarter. Institutional investors own 60.21% of the company’s stock.
Shares of NASDAQ:AMZN opened at $1,405.23 on Monday. The company has a market capitalization of $680,281.69, a P/E ratio of 308.84, a PEG ratio of 6.17 and a beta of 1.59. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04. Amazon.com, Inc. has a fifty-two week low of $884.49 and a fifty-two week high of $1,617.54.
A number of equities research analysts have commented on the stock. Loop Capital set a $1,700.00 price objective on shares of Amazon.com and gave the stock a “buy” rating in a report on Wednesday, April 4th. Argus decreased their price objective on shares of Amazon.com from $1,550.00 to $1,392.05 and set a “fair value” rating on the stock in a report on Wednesday, April 4th. Zacks Investment Research raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating and set a $1,578.00 price objective on the stock in a report on Wednesday, April 4th. JMP Securities reissued a “neutral” rating and set a $1,600.00 price objective (up previously from $1,475.00) on shares of Amazon.com in a report on Friday, February 2nd. Finally, Vetr raised shares of Amazon.com from a “hold” rating to a “buy” rating and set a $1,655.33 price objective on the stock in a report on Thursday, March 15th. Four analysts have rated the stock with a hold rating, forty-eight have issued a buy rating and two have given a strong buy rating to the stock. Amazon.com currently has an average rating of “Buy” and an average price target of $1,494.78.
In other Amazon.com news, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $1,462.32, for a total transaction of $795,502.08. Following the sale, the vice president now directly owns 6,533 shares in the company, valued at approximately $9,553,336.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,454.37, for a total transaction of $2,908,740.00. The disclosure for this sale can be found here. Insiders have sold a total of 6,214 shares of company stock worth $9,251,120 over the last 90 days. Corporate insiders own 17.70% of the company’s stock.
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Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.
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