Orser Capital Management LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 19.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,430 shares of the e-commerce giant’s stock after buying an additional 4,030 shares during the quarter. Amazon.com comprises approximately 3.0% of Orser Capital Management LLC’s holdings, making the stock its 14th largest position. Orser Capital Management LLC’s holdings in Amazon.com were worth $2,052,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Dohj LLC grew its holdings in shares of Amazon.com by 1.8% in the third quarter. Dohj LLC now owns 24,839 shares of the e-commerce giant’s stock valued at $2,807,000 after purchasing an additional 451 shares in the last quarter. Bassett Hargrove Investment Counsel LLC purchased a new position in shares of Amazon.com in the third quarter valued at $2,120,000. Obermeyer Wood Investment Counsel Lllp grew its holdings in shares of Amazon.com by 1.2% in the third quarter. Obermeyer Wood Investment Counsel Lllp now owns 313,317 shares of the e-commerce giant’s stock valued at $35,405,000 after purchasing an additional 3,840 shares in the last quarter. Asset Management One Co. Ltd. grew its holdings in shares of Amazon.com by 0.8% in the third quarter. Asset Management One Co. Ltd. now owns 4,185,666 shares of the e-commerce giant’s stock valued at $472,980,000 after purchasing an additional 32,781 shares in the last quarter. Finally, West Coast Financial LLC purchased a new position in shares of Amazon.com in the third quarter valued at $210,000. 57.64% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Amazon.com
In related 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 sale, the chief executive officer now owns 124,180 shares in the company, valued at $13,837,377.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related 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 sale, the chief executive officer now owns 124,180 shares in the company, valued at $13,837,377.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, February 6th. The shares were sold at an average price of $102.90, for a total value of $411,600.00. Following the completion of the transaction, the chief executive officer now directly owns 529,435 shares of the company’s stock, valued at $54,478,861.50. The disclosure for this sale can be found here. Insiders have sold a total of 73,693 shares of company stock worth $7,225,308 over the last quarter. Insiders own 12.70% of the company’s stock.
Wall Street Analyst Weigh In
Amazon.com Price Performance
Shares of AMZN stock opened at $98.71 on Friday. The stock’s 50-day simple moving average is $97.57 and its 200-day simple moving average is $100.92. The firm has a market capitalization of $1.01 trillion, a price-to-earnings ratio of -368.31, a PEG ratio of 4.04 and a beta of 1.25. Amazon.com, Inc. has a fifty-two week low of $81.43 and a fifty-two week high of $170.83. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.72 and a current ratio of 0.94.
Amazon.com (NASDAQ:AMZN – Get Rating) last issued its earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). The firm had revenue of $149.20 billion during the quarter, compared to analysts’ expectations of $145.72 billion. Amazon.com had a negative net margin of 0.53% and a positive return on equity of 5.33%. Amazon.com’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. As a group, equities analysts forecast that Amazon.com, Inc. will post 1.33 earnings per share for the current fiscal year.
About Amazon.com
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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