Harfst & Associates Inc. sells 249 shares of Amazon.com, Inc. (NASDAQ:AMZN)

Harfst & Associates Inc., according to its latest Form 13F filing with the SEC. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) up 1.1% in the fourth quarter. The company owned 21,564 shares of the e-commerce giant after selling 249 shares during the period. Amazon.com makes up about 0.9% of Harfst & Associates Inc.’s portfolio, making it the 16th largest company. At the end of the last quarter, shares of Harfst & Associates Inc. on Amazon.com they were worth $3,276,000.

Other institutional investors also changed their positions in the company. In the third quarter, Vanguard Group Inc. increased its shares in Amazon.com by 4.4%. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock valued at $96,350,832,000 after acquiring an additional 32,038,029 shares during the period. FMR LLC increased its holdings in Amazon.com by 7.7% during the third quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock valued at $38,403,135,000 after acquiring an additional 21,649,871 shares during the period. Northern Trust Corp increased its holdings in Amazon.com by 3.7% during the third quarter. Northern Trust Corp now owns 92,329,336 shares of the e-commerce giant’s stock valued at $11,736,905,000 after acquiring an additional 3,260,411 shares during the period. Jennison Associates LLC increased its holdings in Amazon.com by 2.5% during the fourth quarter. Jennison Associates LLC now owns 56,371,051 shares of the e-commerce giant’s stock valued at $8,565,017,000 after acquiring an additional 1,389,503 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Amazon.com by 3.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 51,920,953 shares of the e-commerce giant’s stock valued at $7,888,870,000 after acquiring an additional 1,525,922 shares during the period. Currently, 72.20% of the shares are in the hands of institutional investors.

Buying and selling confidential information

Accordingly, CEO Andrew R. Jassy sold 50,000 shares of the company’s stock on Monday, March 4th in a transaction. The shares were sold at an average price of $180.00, for a total value of $9,000,000.00. Following the closing of the transaction, the CEO now directly owns 1,994,182 shares of the company’s stock, valued at approximately $358,952,760. The sale was disclosed in a document filed with the SEC, which is available on the SEC’s website. In other news, VP Shelley Reynolds sold 2,700 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total transaction amount of $489,753.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Additionally, CEO Andrew R. Jassy sold 50,000 shares of the company’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $180.00, for a total transaction amount of $9,000,000.00. Following the transaction, the CEO now owns 1,994,182 shares of the company’s stock valued at $358,952,760. The announcement of this sale can be found here. Over the last ninety days, insiders have sold 117,894 shares of company stock worth $21,363,909. Company insiders own 10.80% of the company’s shares.

Amazon.com pricing performance

On Friday, AMZN opened at $176.44. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. it has a 12 month low of $118.35 and a 12 month high of $191.70. The company has a 50-day simple moving average of $182.34 and a 200-day simple moving average of $167.37. The company has a market capitalization of $1.84 trillion, a P/E ratio of 49.42, a P/E/G ratio of 1.30 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported EPS of $0.98 for the quarter, topping analysts’ consensus estimates of $0.83 by $0.15. The company had revenue of $143.31 billion for the quarter, compared to analyst expectations of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s quarterly revenues increased 12.5% ​​year over year. During the same quarter last year, the company earned $0.31 EPS. On average, analysts expect Amazon.com, Inc. this year. will see 4.72 EPS.

Analyst Upgrades and Downgrades

Many stock market research analysts commented on the company. Moffett Nathanson affirmed a “buy” rating and set a $228.00 price target on shares of Amazon.com in a report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft increased their price target on Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Maxim Group lowered their target price on Amazon.com from $318.00 to $238.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Wedbush affirmed an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a report on Wednesday, May 1st. Finally, Roth Mkm reaffirmed a “buy” rating and set a $210.00 price target (up from $205.00) for shares of Amazon.com in a report on Wednesday, May 1st. One analyst rated the company’s shares with a hold rating, forty-four gave a buy rating and one gave a strong buy rating to the company’s shares. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $212.40.

Read our latest analysis on AMZN

Amazon.com profile

(free report)

Amazon.com, Inc. retails consumer products, advertising and subscription services through online and physical stores in North America and abroad. The company operates in three segments: North America, International and Amazon Web Services (AWS). It also manufactures and sells electronic devices including Kindle, Fire tablets, Fire TV, Echo, Ring, Blink and eero; and develops and produces media content.

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