Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Mitchell Capital Management Co.

Mitchell Capital Management Co. cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,078 shares of the e-commerce giant’s stock after selling 106 shares during the quarter. Amazon.com makes up 3.8% of Mitchell Capital Management Co.’s portfolio, making the stock its 3rd largest position. Mitchell Capital Management Co.’s holdings in Amazon.com were worth $17,469,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its holdings in Amazon.com by 1.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 15,834,990 shares of the e-commerce giant’s stock valued at $48,994,726,000 after acquiring an additional 199,449 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Amazon.com by 2.2% in the first quarter. Geode Capital Management LLC now owns 6,603,212 shares of the e-commerce giant’s stock valued at $20,371,719,000 after acquiring an additional 142,586 shares during the last quarter. Capital International Investors boosted its holdings in Amazon.com by 0.4% in the first quarter. Capital International Investors now owns 3,133,582 shares of the e-commerce giant’s stock valued at $9,694,989,000 after acquiring an additional 13,606 shares during the last quarter. UBS Asset Management Americas Inc. boosted its holdings in Amazon.com by 4.4% in the first quarter. UBS Asset Management Americas Inc. now owns 2,163,750 shares of the e-commerce giant’s stock valued at $6,694,816,000 after acquiring an additional 90,968 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in Amazon.com by 3.3% in the second quarter. Fisher Asset Management LLC now owns 1,875,097 shares of the e-commerce giant’s stock valued at $6,450,634,000 after acquiring an additional 59,124 shares during the last quarter. Institutional investors own 57.67% of the company’s stock.

A number of equities analysts have issued reports on the company. Benchmark reduced their target price on Amazon.com from $4,400.00 to $4,200.00 and set a “buy” rating on the stock in a report on Friday, July 30th. Evercore ISI raised their target price on Amazon.com from $4,200.00 to $4,700.00 and gave the stock an “outperform” rating in a report on Tuesday. Raymond James reduced their target price on Amazon.com from $4,125.00 to $3,900.00 and set an “outperform” rating on the stock in a report on Friday, July 30th. Truist Securities reduced their target price on Amazon.com from $4,000.00 to $3,800.00 and set a “buy” rating on the stock in a report on Friday, July 30th. Finally, JPMorgan Chase & Co. reduced their target price on Amazon.com from $4,600.00 to $4,100.00 and set an “overweight” rating on the stock in a report on Friday, July 30th. One investment analyst has rated the stock with a hold rating and forty have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $4,151.30.

Shares of NASDAQ AMZN opened at $3,450.00 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44. Amazon.com, Inc. has a 12 month low of $2,871.00 and a 12 month high of $3,773.08. The stock has a 50 day moving average of $3,459.88 and a 200-day moving average of $3,334.44. The company has a market capitalization of $1.75 trillion, a P/E ratio of 60.14, a P/E/G ratio of 2.41 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Wednesday, July 28th. The e-commerce giant reported $15.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $12.22 by $2.90. The company had revenue of $113.08 billion during the quarter, compared to the consensus estimate of $115.08 billion. Amazon.com had a return on equity of 29.86% and a net margin of 6.64%. Analysts predict that Amazon.com, Inc. will post 52.18 EPS for the current fiscal year.

In related news, VP Shelley Reynolds sold 222 shares of the business’s stock in a transaction on Monday, August 16th. The stock was sold at an average price of $3,283.00, for a total value of $728,826.00. Following the completion of the sale, the vice president now directly owns 6,211 shares in the company, valued at approximately $20,390,713. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David H. Clark sold 243 shares of the business’s stock in a transaction on Wednesday, July 7th. The shares were sold at an average price of $3,717.29, for a total value of $903,301.47. The disclosure for this sale can be found here. Insiders sold a total of 4,463 shares of company stock valued at $14,784,642 over the last 90 days. 14.00% of the stock is currently owned by corporate insiders.

About Amazon.com

Amazon.com, Inc engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca.

Featured Story: Debt-To-Equity Ratio

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

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.