Endowment Wealth Management Inc. owns shares of Amazon.com, Inc. worth $257,000 (NASDAQ:AMZN)

According to the latest 13F filing with the Securities and Exchange Commission (SEC), Endowment Wealth Management Inc. decreased its shares in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) up 6.3% in the fourth quarter. The fund owned 1,695 shares of the e-commerce giant after selling 113 shares during the quarter. At the end of the last quarter, the value of shares of Endowment Wealth Management Inc. on Amazon.com it was $257,000.

Other hedge funds have also recently adjusted their holdings in the company. Accredited Investors Inc. increased its holdings in Amazon.com shares by 0.6% in the fourth quarter. Accredited Investors Inc. now owns 53,202 shares of the e-commerce giant’s stock valued at $8,084,000 after purchasing an additional 310 shares during the period. St. Johns Investment Management Company LLC increased its holdings in Amazon.com by 4.5% during the fourth quarter. St. Johns Investment Management Company LLC now owns 23,369 shares of the e-commerce giant’s stock worth $3,551,000 after acquiring an additional 1,012 shares in the last quarter. In the fourth quarter, Calton & Associates Inc. increased its position on Amazon.com by 20.2%. Calton & Associates Inc. now owns 14,136 shares of the e-commerce giant’s stock valued at $2,148,000 after purchasing an additional 2,374 shares during the period. Watershed Private Wealth LLC increased its holdings in Amazon.com by 3.3% in the fourth quarter. Watershed Private Wealth LLC now owns 14,293 shares of the e-commerce giant’s stock worth $2,172,000 after purchasing an additional 456 shares in the last quarter. Finally, Lebenthal Global Advisors LLC raised its position in shares of Amazon.com by 71.4% during the fourth quarter. Lebenthal Global Advisors LLC now owns 9,917 shares of the e-commerce giant’s stock valued at $1,507,000 after purchasing an additional 4,130 shares during the period. Institutional investors and hedge funds hold 72.20% of the company’s shares.

Amazon.com sales decreased by 1.6%

AMZN stock opened Friday at $176.44. The company has a market capitalization of $1.84 trillion, a PE ratio of 49.42, a price-to-earnings growth ratio of 1.30 and a beta of 1.15. The company has a debt to equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. Amazon.com, Inc. it has a 52-week low of $118.35 and a 52-week high of $191.70. The company’s fifty day moving average is $182.34 and its 200 day moving average is $167.37.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results 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’s revenue for the quarter was $143.31 billion, compared to analyst expectations of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s revenues increased by 12.5% year over year. During the same quarter last year, the company earned $0.31 per share. Stock research analysts predict that Amazon.com, Inc. will post an average of 4.72 EPS in the current fiscal year.

Changes in analyst ratings

Several research firms have recently commented on AMZN. Barclays raised their target price on shares of Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Wells Fargo & Company raised their target price on Amazon.com from $217.00 to $234.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Tigress Financial raised their price target on Amazon.com from $210.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday. Susquehanna raised their price target on Amazon.com from $185.00 to $220.00 and gave the stock a “positive” rating in a research note on Friday, February 2nd. Finally, Mizuho raised their price target on Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. One equity research analyst rated the company’s shares with a hold recommendation, forty-four issued a buy recommendation, and one gave a strong buy recommendation. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $212.40.

See our latest report on AMZN

Confidential activity on Amazon.com

In other news, Director Jonathan Rubinstein sold 5,264 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $190.00, for a total transaction amount of $1,000,160.00. Following the transaction, the director now directly owns 104,400 shares of the company’s stock, valued at $19,836,000. The sale was disclosed in a legal filing filed with the Securities and Exchange Commission, which can be accessed at this link. In other news, Keith Brian Alexander, Director sold 1,000 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $186.22, for a total transaction amount of $186,220.00. Following the completion of the sale, the director now directly owns 4,760 shares of the company’s stock valued at $886,407.20. The transaction was disclosed in a document filed with the SEC, which is available on the SEC’s website. Additionally, Director Jonathan Rubinstein sold 5,264 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $190.00, for a total transaction amount of $1,000,160.00. Following the sale, the director now owns 104,400 shares of the company’s stock valued at $19,836,000. The announcement of this sale can be found here. Over the last 90 days, insiders have sold a total of 117,894 shares of company stock worth $21,363,909. 10.80% of the shares are owned by insiders.

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.

Amazon.com sales decreased by 1.6%

Changes in analyst ratings

Confidential activity on Amazon.com

Amazon.com profile

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