Baldwin Investment Management LLC Sells 115 Shares of Amazon.com, Inc. (AMZN)

Baldwin Investment Management LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,730 shares of the e-commerce giant’s stock after selling 115 shares during the period. Amazon.com accounts for approximately 0.8% of Baldwin Investment Management LLC’s portfolio, making the stock its 8th largest position. Baldwin Investment Management LLC’s holdings in Amazon.com were worth $2,047,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in AMZN. Reilly Financial Advisors LLC boosted its position in Amazon.com by 0.4% in the third quarter. Reilly Financial Advisors LLC now owns 278 shares of the e-commerce giant’s stock valued at $233,000 after buying an additional 1 shares during the last quarter. Affinity Wealth Management boosted its position in Amazon.com by 0.5% in the third quarter. Affinity Wealth Management now owns 578 shares of the e-commerce giant’s stock valued at $484,000 after buying an additional 3 shares during the last quarter. Cape Cod Five Cents Savings Bank boosted its position in Amazon.com by 0.6% in the third quarter. Cape Cod Five Cents Savings Bank now owns 678 shares of the e-commerce giant’s stock valued at $568,000 after buying an additional 4 shares during the last quarter. BerganKDV Wealth Management LLC boosted its position in Amazon.com by 0.7% in the third quarter. BerganKDV Wealth Management LLC now owns 601 shares of the e-commerce giant’s stock valued at $503,000 after buying an additional 4 shares during the last quarter. Finally, Oarsman Capital Inc. boosted its position in Amazon.com by 1.1% in the fourth quarter. Oarsman Capital Inc. now owns 448 shares of the e-commerce giant’s stock valued at $336,000 after buying an additional 5 shares during the last quarter. 65.08% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Shares of Amazon.com, Inc. (NASDAQ:AMZN) opened at 856.97 on Tuesday. Amazon.com, Inc. has a 52 week low of $538.58 and a 52 week high of $860.86. The firm has a market capitalization of $408.92 billion, a price-to-earnings ratio of 174.89 and a beta of 1.40. The stock’s 50 day moving average price is $841.00 and its 200-day moving average price is $801.26.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 2nd. The e-commerce giant reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.19. The business had revenue of $43.74 billion for the quarter, compared to analysts’ expectations of $44.66 billion. Amazon.com had a return on equity of 13.87% and a net margin of 1.74%. The firm’s quarterly revenue was up 22.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.00 EPS. Equities analysts predict that Amazon.com, Inc. will post $7.18 earnings per share for the current year.

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AMZN has been the topic of several recent research reports. Citigroup Inc lowered their price objective on Amazon.com from $965.00 to $960.00 and set a “buy” rating on the stock in a research report on Monday, November 28th. Evercore ISI reiterated a “buy” rating and set a $990.00 price objective on shares of Amazon.com in a research report on Monday, November 28th. Piper Jaffray Companies reiterated an “overweight” rating and set a $900.00 price objective on shares of Amazon.com in a research report on Tuesday, November 29th. SunTrust Banks, Inc. reiterated a “hold” rating on shares of Amazon.com in a research report on Tuesday, November 29th. Finally, Morningstar, Inc. reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday, December 1st. Six investment analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $939.08.

In related news, Director Tom A. Alberg sold 590 shares of the stock in a transaction dated Tuesday, February 21st. The stock was sold at an average price of $850.00, for a total transaction of $501,500.00. Following the sale, the director now owns 22,525 shares of the company’s stock, valued at approximately $19,146,250. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David Zapolsky sold 503 shares of the stock in a transaction dated Tuesday, February 21st. The stock was sold at an average price of $850.00, for a total value of $427,550.00. Following the sale, the insider now directly owns 2,523 shares in the company, valued at approximately $2,144,550. The disclosure for this sale can be found here. Corporate insiders own 17.70% of the company’s stock.

Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS).

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