Bouvel Investment Partners LLC sells 163 shares of Amazon.com, Inc. (NASDAQ:AMZN)

Bouvel Investment Partners LLC reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report ) by 0.4% in the first quarter, according to the company’s latest filing with the Securities and Exchange Commission. The fund held 41,377 shares of the e-commerce giant after selling 163 shares during the period. Amazon.com makes up about 3.2% of Bouvel Investment Partners LLC’s investment portfolio, making the stock its fourth-largest holding. Bouvel Investment Partners LLC’s stake in Amazon.com was worth $7,464,000, according to the company’s latest filing with the SEC.

A number of other institutional investors also bought and sold AMZN shares. ShoreHaven Wealth Partners LLC increased its position in shares of Amazon.com by 1.9% in the fourth quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant’s stock worth $491,000 after acquiring an additional 60 shares during the period. O Dell Group LLC increased its stake in Amazon.com by 0.5% in the fourth quarter. O Dell Group LLC now owns 13,581 shares of the e-commerce giant’s stock worth $2,064,000 after acquiring an additional 61 shares during the last quarter. Measured Wealth Private Client Group LLC increased its holdings in Amazon.com by 2.5% in the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,562 shares of the e-commerce giant’s stock worth $389,000 after purchasing an additional 62 shares during the period. Ballew Advisors Inc increased its position in Amazon.com by 1.5% in the 1st quarter. Ballew Advisors Inc now owns 4,248 shares of the e-commerce giant’s stock worth $790,000 after purchasing an additional 62 shares in the last quarter. Finally, Socha Financial Group LLC increased its stake in shares of Amazon.com by 3.3% in the 4th quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock worth $303,000 after purchasing an additional 63 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Internal Activity at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Thursday, April 18. The shares were sold at an average price of $181.38, for a total transaction value of $90,690.00. Following the completion of the transaction, the CEO now owns 130,600 shares of the company’s stock, valued at $23,688,228. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that took place on Thursday, April 18. The shares were sold at an average price of $181.38, for a total transaction value of $90,690.00. Following the completion of the transaction, the CEO now directly owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. The sale was disclosed in documents filed with the SEC, which are available on the SEC website. Additionally, SVP David Zapolsky sold 4,710 shares of the company’s stock in a transaction on Thursday, June 27. The shares were sold at an average price of $195.00, for a total of $918,450.00. Following the completion of the sale, the SVP now owns 59,500 shares of the company’s stock, valued at $11,602,500. Disclosure of this sale can be found here. Over the last three months, insiders have sold 66,548 shares of the company’s stock valued at $12,180,239. Insiders own 10.80% of the company’s stock.

Wall Street analysts assess

Several research analysts have recently issued reports on shares of AMZN. UBS Group raised their price target on shares of Amazon.com from $215.00 to $217.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1. Piper Sandler raised their price target on shares of Amazon.com from $205.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 1. DA Davidson reaffirmed a “buy” rating and gave the stock a $235.00 price target in a research note on Thursday, April 18. JMP Securities reaffirmed a “market outperform” rating and set a $225.00 price target on shares of Amazon.com in a research note on Wednesday, May 1. Finally, Moffett Nathanson reissued a “buy” rating and set a $228.00 price target on shares of Amazon.com in a research report on Thursday, April 11. One research analyst rated the stock a “hold,” forty-three have given a “buy” rating, and one has given the company a “strong buy” rating. Based on data from MarketBeat.com, Amazon.com has an average rating of “buy” and a consensus price target of $215.86.

Read our latest report on Amazon.com

Amazon.com revenue up 1.4%

AMZN stock opened at $200.00 on Wednesday. The company has a market capitalization of $2.08 trillion, a P/E ratio of 56.02, a PEG ratio of 1.38 and a beta of 1.15. The company has a current ratio of 1.07, a current ratio of 0.87 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average is $184.27, and its two hundred day moving average is $173.63. The low of a twelve month low of Amazon.com, Inc. is $118.35 and the high of a twelve month high is $200.43.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its financial results on Tuesday, April 30. The e-commerce giant reported $0.98 earnings per share for the quarter, topping analysts’ consensus of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. During the same period last year, the company earned $0.31 earnings per share. Amazon.com’s quarterly revenue increased by 12.5% ​​compared to the same quarter last year. Research analysts, on average, predict that Amazon.com, Inc. will report earnings of 4.72 per share for the current fiscal year.

Amazon.com Profile

(Free report)

Amazon.com, Inc. is a consumer products retailer, advertising, and subscription service through online and physical stores in North America and internationally. 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 multimedia content.

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