Hennion & Walsh Asset Management Inc. lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 8.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 113,294 shares of the e-commerce giant’s stock after selling 9,936 shares during the period. Amazon.com comprises about 0.6% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 29th biggest position. Hennion & Walsh Asset Management Inc.’s holdings in Amazon.com were worth $9,517,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Amazon.com by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 701,550,877 shares of the e-commerce giant’s stock valued at $79,275,249,000 after buying an additional 12,456,995 shares during the last quarter. State Street Corp grew its position in shares of Amazon.com by 1.0% in the 3rd quarter. State Street Corp now owns 329,849,003 shares of the e-commerce giant’s stock valued at $37,272,937,000 after buying an additional 3,121,516 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Amazon.com by 1,838.8% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock valued at $33,134,481,000 after buying an additional 295,880,050 shares during the last quarter. FMR LLC grew its position in shares of Amazon.com by 1,792.4% in the 2nd quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock valued at $30,381,089,000 after buying an additional 270,931,640 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Amazon.com by 1,867.0% in the 2nd quarter. Northern Trust Corp now owns 94,997,372 shares of the e-commerce giant’s stock valued at $10,089,669,000 after buying an additional 90,167,792 shares during the last quarter. Institutional investors own 57.64% of the company’s stock.
Insider Activity
In other news, CEO Adam Selipsky sold 5,100 shares of the company’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 value of $568,293.00. Following the completion of the transaction, the chief executive officer now directly owns 124,180 shares of the company’s stock, valued at $13,837,377.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Andrew R. Jassy sold 23,874 shares of the company’s stock in a transaction that occurred on Wednesday, February 15th. The stock was sold at an average price of $99.15, for a total value of $2,367,107.10. Following the completion of the transaction, the chief executive officer now directly owns 1,964,506 shares of the company’s stock, valued at $194,780,769.90. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Adam Selipsky sold 5,100 shares of the company’s stock in a transaction that occurred on Thursday, February 2nd. The shares were sold at an average price of $111.43, for a total value of $568,293.00. Following the completion of the transaction, the chief executive officer now directly owns 124,180 shares of the company’s stock, valued at $13,837,377.40. The disclosure for this sale can be found here. Insiders sold a total of 71,394 shares of company stock valued at $6,994,626 over the last three months. Corporate insiders own 12.70% of the company’s stock.
Analysts Set New Price Targets
Amazon.com Stock Performance
Shares of Amazon.com stock opened at $98.70 on Thursday. The company has a market cap of $1.01 trillion, a PE ratio of -368.27, a price-to-earnings-growth ratio of 4.10 and a beta of 1.25. Amazon.com, Inc. has a 52 week low of $81.43 and a 52 week high of $170.83. The business has a 50 day moving average price of $97.51 and a 200-day moving average price of $100.94. The company has a quick ratio of 0.72, a current ratio of 0.94 and a debt-to-equity ratio of 0.46.
Amazon.com (NASDAQ:AMZN – Get Rating) last released its earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.12). The business had revenue of $149.20 billion during the quarter, compared to the consensus estimate of $145.72 billion. Amazon.com had a negative net margin of 0.53% and a positive return on equity of 5.33%. The business’s revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.39 earnings per share. Equities analysts anticipate that Amazon.com, Inc. will post 1.33 earnings per share for the current fiscal 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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