From MarketBeat:

Y.D. More Investments Ltd decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 7.2% in the 3rd quarter. The institutional investor sold 6,083 shares and holds 77,843 shares now, worth $9,895,000 as of the most recent filing. Other investment firms also changed their positions, with 57.96% of the stock currently owned by hedge funds and institutional investors.

In the most recent filing with the SEC, CEO Andrew R. Jassy sold 21,933 shares at an average price of $142.66, totaling $3,128,961.78. CEO Adam Selipsky also sold 500 shares at $139.00 for a total of $69,500. Insiders have sold 65,829 shares in the last three months, with 12.70% of the company’s stock now owned by insiders.

According to MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus target price of $176.56. The stock opened at $161.26 on Tuesday, with a 52-week range of $88.12 to $161.29. Amazon.com has a market capitalization of $1.67 trillion and a price-to-earnings ratio of 83.55.

Amazon.com, Inc. sells consumer products and subscriptions through online and physical stores. The company operates through three segments: North America, International, and Amazon Web Services. It provides merchandise, content for resale, and products from third-party sellers.

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The news in this headline is that Y.D. More Investments Ltd lowered its investment in Amazon.com, Inc. (NASDAQ:AMZN) for the third quarter, selling 7.2% of its holdings. Additionally, various investment firms have recently adjusted their positions, while stocks of the company are being bought and sold by insiders. There is an analysis on current ratings of the stock and its target price, a discussion on how the stocks have been performing lately, and a brief company profile of Amazon.com. MarketBeat.com also provides recommended insider trades, 13F filings, and research reports for Amazon.com. These summaries provide quantitative details on various investment activities and news around Amazon.com, Inc. (NASDAQ:AMZN) and are useful and engaging for investors to keep up with such information.



Read more: Amazon.com, Inc. (NASDAQ:AMZN) Shares Sold by Y.D. More Investments Ltd