Amazon.com, Inc. (NASDAQ:AMZN) Position Trimmed by Guild Investment Management Inc.

Guild Investment Management Inc. lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 758 shares of the e-commerce giant’s stock after selling 86 shares during the quarter. Amazon.com makes up 1.8% of Guild Investment Management Inc.’s investment portfolio, making the stock its 25th largest holding. Guild Investment Management Inc.’s holdings in Amazon.com were worth $1,316,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Pachira Investments Inc. lifted its holdings in Amazon.com by 4.3% in the 2nd quarter. Pachira Investments Inc. now owns 120 shares of the e-commerce giant’s stock worth $227,000 after purchasing an additional 5 shares during the last quarter. West Oak Capital LLC lifted its holdings in Amazon.com by 0.3% in the 2nd quarter. West Oak Capital LLC now owns 1,455 shares of the e-commerce giant’s stock worth $2,755,000 after purchasing an additional 5 shares during the last quarter. Dorsey Wright & Associates lifted its holdings in Amazon.com by 0.4% in the 2nd quarter. Dorsey Wright & Associates now owns 1,476 shares of the e-commerce giant’s stock worth $2,795,000 after purchasing an additional 6 shares during the last quarter. RDA Financial Network lifted its holdings in Amazon.com by 0.8% in the 2nd quarter. RDA Financial Network now owns 806 shares of the e-commerce giant’s stock worth $1,574,000 after purchasing an additional 6 shares during the last quarter. Finally, Altman Advisors Inc. lifted its holdings in Amazon.com by 0.3% in the 2nd quarter. Altman Advisors Inc. now owns 1,962 shares of the e-commerce giant’s stock worth $3,715,000 after purchasing an additional 6 shares during the last quarter. 55.73% of the stock is currently owned by institutional investors.

In other Amazon.com news, Director Indra K. Nooyi acquired 100 shares of the business’s stock in a transaction dated Friday, October 4th. The stock was bought at an average cost of $1,726.06 per share, with a total value of $172,606.00. Following the completion of the transaction, the director now directly owns 250 shares in the company, valued at approximately $431,515. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Shelley Reynolds sold 379 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $1,775.43, for a total value of $672,887.97. Following the completion of the sale, the vice president now directly owns 6,307 shares of the company’s stock, valued at $11,197,637.01. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,443 shares of company stock valued at $40,205,835. Corporate insiders own 16.10% of the company’s stock.

Several equities research analysts recently weighed in on AMZN shares. BidaskClub lowered Amazon.com from a “sell” rating to a “strong sell” rating in a report on Thursday, September 19th. Mizuho reiterated a “buy” rating and set a $2,200.00 price target (up from $2,080.00) on shares of Amazon.com in a report on Friday, July 26th. Loop Capital set a $2,380.00 price target on Amazon.com and gave the stock a “buy” rating in a report on Monday, July 15th. Goldman Sachs Group restated a “buy” rating and set a $2,350.00 price objective (down from $2,400.00) on shares of Amazon.com in a research report on Tuesday. Finally, Zacks Investment Research upgraded Amazon.com from a “strong sell” rating to a “hold” rating and set a $1,480.00 price target on the stock in a research report on Wednesday, September 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirty-nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $2,258.44.

NASDAQ:AMZN opened at $1,777.43 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.84 and a current ratio of 1.10. The company has a market cap of $858.94 billion, a PE ratio of 88.25, a PEG ratio of 2.21 and a beta of 1.54. Amazon.com, Inc. has a 52-week low of $1,307.00 and a 52-week high of $2,035.80. The stock has a 50-day simple moving average of $1,773.38 and a 200 day simple moving average of $1,846.61.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $5.29 by ($0.07). The firm had revenue of $63.40 billion for the quarter, compared to the consensus estimate of $62.59 billion. Amazon.com had a return on equity of 26.27% and a net margin of 4.80%. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.07 earnings per share. On average, research analysts predict that Amazon.com, Inc. will post 23.6 earnings per share for the current fiscal year.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.

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

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