Eagle Strategies LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 18.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,826 shares of the e-commerce giant’s stock after acquiring an additional 2,178 shares during the period. Eagle Strategies LLC’s holdings in Amazon.com were worth $1,562,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC lifted its position in Amazon.com by 4,540.0% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 232 shares of the e-commerce giant’s stock worth $25,000 after buying an additional 227 shares in the last quarter. Wells Financial Advisors INC grew its position in shares of Amazon.com by 1,900.0% during the 2nd quarter. Wells Financial Advisors INC now owns 280 shares of the e-commerce giant’s stock worth $30,000 after buying an additional 266 shares during the period. Knott David M Jr bought a new position in shares of Amazon.com during the 2nd quarter valued at about $32,000. Laurel Wealth Planning LLC lifted its holdings in shares of Amazon.com by 1,900.0% during the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 304 shares in the last quarter. Finally, Baron Financial Group LLC raised its position in Amazon.com by 1,900.0% in the 2nd quarter. Baron Financial Group LLC now owns 360 shares of the e-commerce giant’s stock valued at $38,000 after buying an additional 342 shares during the last quarter. 57.64% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $93.80, for a total transaction of $375,200.00. Following the completion of the transaction, the chief executive officer now owns 560,298 shares in the company, valued at approximately $52,555,952.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $93.80, for a total transaction of $375,200.00. Following the completion of the transaction, the chief executive officer now owns 560,298 shares in the company, valued at approximately $52,555,952.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Adam Selipsky sold 5,100 shares of the firm’s stock in a transaction that occurred on Thursday, February 2nd. The stock was sold at an average price of $111.43, for a total transaction of $568,293.00. Following the sale, the chief executive officer now directly owns 124,180 shares of the company’s stock, valued at approximately $13,837,377.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 71,394 shares of company stock worth $6,994,626. 12.70% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Amazon.com Stock Up 1.9 %
NASDAQ:AMZN opened at $92.43 on Tuesday. The firm’s 50 day simple moving average is $96.01 and its 200 day simple moving average is $102.24. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.72. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $170.83. The company has a market cap of $947.15 billion, a PE ratio of -344.88, a P/E/G ratio of 3.74 and a beta of 1.25.
Amazon.com (NASDAQ:AMZN – Get Rating) last posted its earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.12). Amazon.com had a positive return on equity of 5.33% and a negative net margin of 0.53%. The business had revenue of $149.20 billion for the quarter, compared to analyst estimates of $145.72 billion. During the same quarter in the prior year, the business earned $1.39 earnings per share. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. On average, research analysts anticipate that Amazon.com, Inc. will post 1.34 earnings per share for the current year.
Amazon.com Profile
Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.
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