Lloyd Advisory Services LLC. Reduces stake in Amazon.com, Inc. (NASDAQ:AMZN)

Lloyd Advisory Services LLC. As shown in the latest Form 13F filed with the SEC, the company reduced its shares in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) up 93.5% in the fourth quarter. The company owned 5,096 shares of the e-commerce giant after selling 73,718 shares during the quarter. At the end of the last reporting period, the value of shares in Lloyd Advisory Services LLC. on Amazon.com it was $774,000.

Other hedge funds and other institutional investors also made changes to their positions at the company. E Fund Management Hong Kong Co. Ltd. increased its holdings in Amazon.com by 45.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after acquiring an additional 86 shares in the last quarter. Strid Group LLC acquired a new position on Amazon.com during the fourth quarter worth approximately $43,000. Harbor Investment Advisory LLC increased its holdings in Amazon.com by 0.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 1,988 shares in the last quarter. Authentikos Wealth Advisory LLC acquired a new position on Amazon.com during the 3rd quarter worth approximately $49,000. Finally, Bruce G. Allen Investments LLC acquired a new position in Amazon.com during the 4th quarter worth approximately $57,000. Hedge funds and other institutional investors hold 72.20% of the company’s shares.

The Wall Street analyst concludes

A number of brokerage houses have recently published reports on AMZN. Wedbush maintained an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a research note on Wednesday, May 1st. JMP Securities reissued a market outperform rating and set a $225.00 price target on shares of Amazon.com on Wednesday, May 1st. JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $225.00 to $240.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. Needham & Company LLC reissued a “buy” rating and set a $205.00 price target on shares of Amazon.com in a report on Wednesday, May 15th. Finally, Maxim Group lowered their target price on shares of Amazon.com from $318.00 to $238.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. One analyst has rated the stock with a hold rating, forty-three have issued a buy rating to the stock and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $213.82.

See our latest report on AMZN

Amazon.com pricing performance

Amazon.com shares closed at $187.06 on Tuesday. Amazon.com, Inc. it has a 52-week low of $118.35 and a 52-week high of $191.70. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The company’s 50-day simple moving average is $182.66 and its 200-day simple moving average is $169.27. The company has a market capitalization of $1.95 trillion, a PE ratio of 52.40, a P/E/G ratio of 1.32 and a beta of 1.14.

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, $0.15 above the consensus estimate of $0.83. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company’s revenue for the quarter was $143.31 billion, compared to analyst estimates of $142.65 billion. During the same period last year, the company earned $0.31 EPS. The company’s revenue for the quarter increased by 12.5% compared to the same quarter last year. Stock research analysts predict that Amazon.com, Inc. will post an average of 4.72 EPS in the current fiscal year.

Buying and selling confidential information

In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $181.44 for a total value of $3,771,048.96. Following the transaction, the CEO now directly owns 2,025,358 shares of the company’s stock, valued at approximately $367,480,955.52. The transaction was disclosed in a document filed with the SEC, which is available on the SEC’s website. In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $181.44 for a total value of $3,771,048.96. Following the transaction, the CEO now directly owns 2,025,358 shares of the company’s stock, valued at approximately $367,480,955.52. The transaction was disclosed in a document filed with the SEC, which is available on the SEC’s website. President Adam Selipsky also sold 500 shares of the company in a transaction on Thursday, March 21. The shares were sold at an average price of $180.00, for a total transaction amount of $90,000.00. Following the completion of the transaction, the CEO now owns 132,600 shares of the company’s stock valued at $23,868,000. The announcement of this sale can be found here. Over the last three months, insiders sold 65,838 shares of company stock worth $11,984,344. Corporate insiders own 10.80% of the company’s shares.

About Amazon.com

(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.

The Wall Street analyst concludes

Amazon.com pricing performance

Buying and selling confidential information

About Amazon.com

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