Pachira Investments Inc. holds an $818,000 stake in Amazon.com, Inc. (NASDAQ:AMZN)

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Pachira Investments Inc. cut its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 37.6% in Q1, Holdings Channel.com reports. The company held 251 shares of the e-commerce giant after selling 151 shares during the period. Amazon.com includes 0.6% of the holdings of Pachira Investments Inc., making the stock its 13th largest position. Pachira Investments Inc.’s holdings in Amazon.com were worth $818,000 when it last filed with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also bought and sold shares of the company. Stuart Chaussee & Associates Inc. acquired a new stake in Amazon.com in Q4 worth approximately $27,000. Econ Financial Services Corp acquired a new position in Amazon.com stock in Q4, valued at around $33,000. Gibson Wealth Advisors LLC acquired a new position in Amazon.com stock in Q4, valued at approximately $33,000. Leverty Financial Group LLC acquired a new position in Amazon.com stock in Q4 worth approximately $36,000. Finally, MBM Wealth Consultants LLC increased its position in Amazon.com shares by 57.1% in the 4th quarter. MBM Wealth Consultants LLC now owns 11 shares of the e-commerce giant valued at $37,000 after buying 4 more shares last quarter. Institutional investors and hedge funds hold 72.51% of the company’s shares.

Analyst upgrades and downgrades

Several equity analysts have recently commented on AMZN shares. DA Davidson lowered its target price on Amazon.com stock from $195.00 to $156.25 in a Friday, April 29 research report. Robert W. Baird lowered his price target on Amazon.com stock from $200.00 to $187.50 in a Friday, April 29 research report. Morgan Stanley lowered its price target on Amazon.com shares from $210.00 to $190.00 in a Friday, April 29 research report. Susquehanna Bancshares cut its price target on Amazon.com shares from $250.00 to $190.00 in a Friday, April 29 report. Finally, MKM Partners cut its price target on Amazon.com shares from $205.00 to $200.00 and set a “buy” rating on the stock in a Wednesday, April 20 report. Three analysts rated the stock with a sell rating, one gave the stock a hold rating and thirty-eight gave the stock a buy rating. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $181.31.

Amazon.com Stock Performance

AMZN opened at $124.63 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt ratio of 0.35. The company’s fifty-day moving average price is $112.63 and its two-hundred-day moving average price is $137.02. Amazon.com, Inc. has a 1-year minimum of $101.26 and a 1-year maximum of $188.11. The company has a market capitalization of $1.27 trillion, a price/earnings ratio of 60.16, a PEG ratio of 3.85 and a beta of 1.25.

Amazon.com (NASDAQ:AMZN – Get Rating) last released its quarterly earnings data on Thursday, April 28. The e-commerce giant reported earnings per share of $0.21 for the quarter, missing the consensus estimate of $0.44 per ($0.23). The company posted revenue of $116.44 billion for the quarter, versus analyst estimates of $116.52 billion. Amazon.com had a return on equity of 21.60% and a net margin of 4.48%. The company’s quarterly revenue increased 7.3% year over year. In the same quarter a year earlier, the company posted EPS of $0.79. On average, analysts expect Amazon.com, Inc. to post EPS of 1.15 for the current fiscal year.

Insider activity

In other news, CEO Andrew R. Jassy sold 1,181 shares in a trade dated Monday, May 16. The shares were sold at an average price of $2,262.00, for a total value of $2,671,422.00. Following the completion of the sale, the CEO now owns 92,781 shares of the company, valued at $209,870,622. The sale was disclosed in a filing with the SEC, accessible via the SEC’s website. In other news, CEO Andrew R. Jassy sold 1,181 shares in a trade dated Monday, May 16. The shares were sold at an average price of $2,262.00, for a total value of $2,671,422.00. Following the completion of the sale, the CEO now owns 92,781 shares of the company, valued at $209,870,622. The sale was disclosed in a filing with the SEC, accessible via the SEC’s website. Additionally, CEO David H. Clark sold 2,270 shares in a trade dated Monday, May 23. The shares were sold at an average price of $2,169.22, for a total transaction of $4,924,129.40. Following the completion of the sale, the CEO now owns 6,695 shares of the company, valued at approximately $14,522,927.90. The disclosure of this sale can be found here. Insiders sold a total of 4,803 shares of the company worth $10,528,337 during the last quarter. Insiders hold 12.70% of the shares of the company.

Amazon.co.uk profile

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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). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

Further reading

Want to see what other hedge funds hold AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Amazon.com, Inc. (NASDAQ: AMZN – Get Rating).

Institutional ownership by quarter for Amazon.com (NASDAQ:AMZN)



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