Achmea Investment Management B.V. Sells 16,919 Shares of Amazon.com, Inc. (NASDAQ:AMZN)
Achmea Investment Management B.V. lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 952,333 shares of the e-commerce giant's stock after selling 16,919 shares during the quarter. Amazon.com makes up about 3.4% of Achmea Investment Management B.V.'s investment portfolio, making the stock its 4th largest holding. Achmea Investment Management B.V.'s holdings in Amazon.com were worth $208,933,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp grew its position in shares of Amazon.com by 3.3% during the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock valued at $66,926,008,000 after buying an additional 11,370,309 shares during the last quarter. Geode Capital Management LLC boosted its stake in Amazon.com by 3.4% in the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant's stock valued at $37,116,341,000 after acquiring an additional 6,545,944 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Amazon.com by 0.8% during the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant's stock valued at $14,719,407,000 after purchasing an additional 545,292 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Amazon.com by 4.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 59,638,207 shares of the e-commerce giant's stock worth $13,084,026,000 after purchasing an additional 2,330,113 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Amazon.com by 3.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,833,954 shares of the e-commerce giant's stock worth $10,776,201,000 after purchasing an additional 1,984,592 shares during the last quarter. Institutional investors own 72.20% of the company's stock.
In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the transaction, the chief executive officer now owns 509,474 shares in the company, valued at $95,776,017.26. The trade was a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the transaction, the chief executive officer now directly owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. The trade was a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by insiders.
A number of research analysts recently commented on the company. Maxim Group upped their price objective on Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Loop Capital boosted their price objective on Amazon.com from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Wednesday, February 12th. Canaccord Genuity Group reissued a "buy" rating on shares of Amazon.com in a report on Thursday, February 13th. Wells Fargo & Company cut their target price on Amazon.com from $207.00 to $203.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. lowered their price target on Amazon.com from $270.00 to $220.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $258.19.
View Our Latest Stock Report on Amazon.com
Shares of NASDAQ AMZN opened at $184.87 on Monday. The firm has a market capitalization of $1.96 trillion, a PE ratio of 33.43, a PEG ratio of 1.50 and a beta of 1.39. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average price of $204.23 and a two-hundred day moving average price of $208.54.
Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
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