Krilogy Financial LLC Sells 5,436 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Krilogy Financial LLC cut its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,599 shares of the e-commerce giant’s stock after selling 5,436 shares during the period. Amazon.com accounts for about 1.4% of Krilogy Financial LLC’s investment portfolio, making the stock its 17th biggest position. Krilogy Financial LLC’s holdings in Amazon.com were worth $16,653,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Charter Oak Capital Management LLC raised its stake in shares of Amazon.com by 3.2% in the fourth quarter. Charter Oak Capital Management LLC now owns 4,940 shares of the e-commerce giant’s stock worth $751,000 after acquiring an additional 153 shares during the last quarter. Liberty One Investment Management LLC grew its holdings in Amazon.com by 1.8% during the fourth quarter. Liberty One Investment Management LLC now owns 30,898 shares of the e-commerce giant’s stock valued at $4,695,000 after purchasing an additional 541 shares during the period. Jmac Enterprises LLC grew its holdings in Amazon.com by 1.5% during the fourth quarter. Jmac Enterprises LLC now owns 14,075 shares of the e-commerce giant’s stock valued at $2,139,000 after purchasing an additional 205 shares during the period. Executive Wealth Management LLC grew its holdings in Amazon.com by 5.5% during the fourth quarter. Executive Wealth Management LLC now owns 57,995 shares of the e-commerce giant’s stock valued at $8,812,000 after purchasing an additional 3,002 shares during the period. Finally, Capasso Planning Partners LLC boosted its holdings in shares of Amazon.com by 2.9% in the fourth quarter. Capasso Planning Partners LLC now owns 6,150 shares of the e-commerce giant’s stock valued at $934,000 after buying an additional 176 shares during the period. 72.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMZN. Wolfe Research upped their price target on shares of Amazon.com from $195.00 to $205.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Raymond James boosted their price objective on shares of Amazon.com from $185.00 to $200.00 and gave the stock a “strong-buy” rating in a research report on Friday, February 2nd. JMP Securities reissued a “market outperform” rating and issued a $225.00 price objective on shares of Amazon.com in a research report on Wednesday. Maxim Group assumed coverage on shares of Amazon.com in a research report on Wednesday, April 17th. They set a “buy” rating and a $218.00 price target on the stock. Finally, Wells Fargo & Company upped their price target on shares of Amazon.com from $211.00 to $217.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. One equities research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $205.13.

Amazon.com Trading Up 3.4 %

Shares of Amazon.com stock opened at $179.62 on Friday. The firm has a market capitalization of $1.87 trillion, a PE ratio of 61.94, a price-to-earnings-growth ratio of 1.50 and a beta of 1.16. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm’s 50 day moving average is $177.99 and its 200 day moving average is $158.79. Amazon.com, Inc. has a 1 year low of $101.15 and a 1 year high of $189.77.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results 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 for the quarter, compared to analyst estimates of $165.96 billion. During the same period in the previous year, the firm posted $0.21 EPS. The firm’s revenue was up 13.9% on a year-over-year basis. Equities research analysts forecast that Amazon.com, Inc. will post 4.11 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total transaction of $90,690.00. Following the sale, the chief executive officer now directly owns 130,600 shares in the company, valued at approximately $23,688,228. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the transaction, the chief executive officer now owns 130,600 shares in the company, valued at approximately $23,688,228. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey P. Bezos sold 2,009,208 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $166.79, for a total transaction of $335,115,802.32. Following the completion of the transaction, the insider now owns 938,251,817 shares in the company, valued at approximately $156,491,020,557.43. The disclosure for this sale can be found here. Insiders have sold a total of 32,214,010 shares of company stock worth $5,505,889,146 in the last ninety days. Company insiders own 10.30% of the company’s stock.

About Amazon.com

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.