Amazon.com, Inc. $AMZN Shares Sold by Renaissance Group LLC

Renaissance Group LLC decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 2.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 179,869 shares of the e-commerce giant’s stock after selling 4,082 shares during the period. Amazon.com makes up about 1.5% of Renaissance Group LLC’s investment portfolio, making the stock its 14th largest position. Renaissance Group LLC’s holdings in Amazon.com were worth $39,494,000 as of its most recent SEC filing. Get Amazon.com alerts: Sign Up Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after buying an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG raised its holdings in shares of Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its position in Amazon.com by 5.5% during the 4th quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock worth $6,357,000 after acquiring an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC purchased a new position in Amazon.com in the 4th quarter worth approximately $2,153,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades AMZN has been the topic of a number of analyst reports. Citizens Jmp lifted their price objective on shares of Amazon.com from $300.00 to $315.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. Roth Mkm reaffirmed a “buy” rating and set a $295.00 price target (up from $270.00) on shares of Amazon.com in a research note on Monday, January 26th. Piper Sandler reiterated an “overweight” rating and issued a $260.00 price objective (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Benchmark restated a “buy” rating on shares of Amazon.com in a research note on Thursday, January 29th. Finally, President Capital dropped their target price on Amazon.com from $320.00 to $296.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $287.29. Check Out Our Latest Analysis on AMZN Key Stories Impacting Amazon.com Here are the key news stories impacting Amazon.com this week: Insider Buying and Selling at Amazon.com In other news, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.82, for a total value of $1,406,779.70. Following the completion of the transaction, the chief executive officer directly owned 522,361 shares of the company’s stock, valued at approximately $107,512,341.02. The trade was a 1.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through