Sepio Capital LP Has $16.94 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Sepio Capital LP trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 87,656 shares of the e-commerce giant’s stock after selling 6,839 shares during the period. Amazon.com accounts for about 1.6% of Sepio Capital LP’s holdings, making the stock its 13th largest position. Sepio Capital LP’s holdings in Amazon.com were worth $16,939,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Annex Advisory Services LLC boosted its position in shares of Amazon.com by 12.7% during the 1st quarter. Annex Advisory Services LLC now owns 172,590 shares of the e-commerce giant’s stock valued at $31,132,000 after acquiring an additional 19,478 shares in the last quarter. Riverview Trust Co boosted its position in shares of Amazon.com by 2.9% during the 1st quarter. Riverview Trust Co now owns 19,261 shares of the e-commerce giant’s stock valued at $3,474,000 after acquiring an additional 534 shares in the last quarter. Fermata Advisors LLC boosted its position in shares of Amazon.com by 12.4% during the 1st quarter. Fermata Advisors LLC now owns 16,292 shares of the e-commerce giant’s stock valued at $2,939,000 after acquiring an additional 1,799 shares in the last quarter. Bourne Lent Asset Management Inc. boosted its position in shares of Amazon.com by 2.3% during the 1st quarter. Bourne Lent Asset Management Inc. now owns 26,190 shares of the e-commerce giant’s stock valued at $4,724,000 after acquiring an additional 600 shares in the last quarter. Finally, Retirement Planning Group LLC boosted its position in shares of Amazon.com by 29.6% during the 1st quarter. Retirement Planning Group LLC now owns 10,109 shares of the e-commerce giant’s stock valued at $1,823,000 after acquiring an additional 2,311 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $189.25, for a total value of $662,375.00. Following the completion of the sale, the chief executive officer now owns 503,753 shares of the company’s stock, valued at approximately $95,335,255.25. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO Brian T. Olsavsky sold 14,600 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.00, for a total value of $2,628,000.00. Following the completion of the transaction, the chief financial officer now owns 49,000 shares in the company, valued at $8,820,000. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $189.25, for a total transaction of $662,375.00. Following the completion of the transaction, the chief executive officer now owns 503,753 shares of the company’s stock, valued at $95,335,255.25. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 54,355 shares of company stock valued at $9,877,423. Corporate insiders own 10.80% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of several recent research reports. Scotiabank initiated coverage on shares of Amazon.com in a research report on Friday, October 11th. They set a “sector outperform” rating and a $245.00 target price on the stock. UBS Group boosted their price target on shares of Amazon.com from $217.00 to $224.00 and gave the company a “buy” rating in a research report on Tuesday, July 30th. Barclays boosted their price target on shares of Amazon.com from $220.00 to $235.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Cantor Fitzgerald restated an “overweight” rating and issued a $230.00 price target on shares of Amazon.com in a research report on Monday, October 7th. Finally, Piper Sandler reduced their price target on shares of Amazon.com from $220.00 to $215.00 and set an “overweight” rating on the stock in a research report on Friday, August 2nd. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $236.78.

Amazon.com Stock Up 0.8 %

Shares of NASDAQ:AMZN opened at $187.83 on Friday. Amazon.com, Inc. has a 52 week low of $118.35 and a 52 week high of $201.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.10. The company has a market capitalization of $1.95 trillion, a PE ratio of 52.61, a PEG ratio of 1.38 and a beta of 1.14. The company has a 50 day moving average price of $183.50 and a two-hundred day moving average price of $183.56.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 EPS for the quarter, beating the consensus estimate of $1.05 by $0.18. Amazon.com had a net margin of 7.35% and a return on equity of 21.39%. The firm had revenue of $147.98 billion during the quarter, compared to the consensus estimate of $148.63 billion. Analysts forecast that Amazon.com, Inc. will post 4.85 earnings per share for the current year.

Amazon.com 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.