Lindbrook Capital LLC lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 54,911 shares of the e-commerce giant’s stock after selling 1,858 shares during the period. Amazon.com makes up 0.6% of Lindbrook Capital LLC’s portfolio, making the stock its 26th largest holding. Lindbrook Capital LLC’s holdings in Amazon.com were worth $4,617,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Dohj LLC lifted its holdings in shares of Amazon.com by 1.8% during the 3rd quarter. Dohj LLC now owns 24,839 shares of the e-commerce giant’s stock worth $2,807,000 after acquiring an additional 451 shares during the period. Bassett Hargrove Investment Counsel LLC bought a new stake in shares of Amazon.com during the 3rd quarter worth approximately $2,120,000. Obermeyer Wood Investment Counsel Lllp lifted its holdings in shares of Amazon.com by 1.2% during the 3rd quarter. Obermeyer Wood Investment Counsel Lllp now owns 313,317 shares of the e-commerce giant’s stock worth $35,405,000 after acquiring an additional 3,840 shares during the period. Asset Management One Co. Ltd. lifted its stake in Amazon.com by 0.8% in the 3rd 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 during the last quarter. Finally, West Coast Financial LLC bought a new position in Amazon.com in the 3rd quarter valued at approximately $210,000. Institutional investors and hedge funds own 57.64% of the company’s stock.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, CEO Adam Selipsky sold 5,100 shares of the stock in a transaction on Thursday, February 2nd. The shares were sold at an average price of $111.43, for a total transaction of $568,293.00. Following the completion of the sale, the chief executive officer now owns 124,180 shares of the company’s stock, valued at approximately $13,837,377.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Amazon.com news, CEO Adam Selipsky sold 5,100 shares of the stock in a transaction on Thursday, February 2nd. The shares were sold at an average price of $111.43, for a total transaction of $568,293.00. Following the completion of the sale, the chief executive officer now owns 124,180 shares of the company’s stock, valued at approximately $13,837,377.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Andrew R. Jassy sold 23,874 shares of the firm’s stock in a transaction dated Wednesday, February 15th. The stock was sold at an average price of $99.15, for a total transaction of $2,367,107.10. Following the completion of the sale, the chief executive officer now directly owns 1,964,506 shares of the company’s stock, valued at $194,780,769.90. The disclosure for this sale can be found here. Insiders sold 78,193 shares of company stock valued at $7,685,143 in the last quarter. Company insiders own 12.70% of the company’s stock.
Wall Street Analysts Forecast Growth
Amazon.com Stock Performance
Shares of AMZN stock opened at $97.83 on Thursday. The firm’s 50 day moving average is $98.33 and its 200 day moving average is $98.32. The company has a current ratio of 0.94, a quick ratio of 0.72 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $1.00 trillion, a P/E ratio of -365.02, a PEG ratio of 4.22 and a beta of 1.26. Amazon.com, Inc. has a 12 month low of $81.43 and a 12 month high of $158.65.
Amazon.com (NASDAQ:AMZN – Get Rating) last released 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 negative net margin of 0.53% and a positive return on equity of 5.33%. The business had revenue of $149.20 billion for the quarter, compared to the consensus estimate of $145.72 billion. During the same period in the prior year, the business posted $1.39 EPS. Amazon.com’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 1.33 earnings per share for the current 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.
Featured Articles
- Get a free copy of the StockNews.com research report on Amazon.com (AMZN)
- Should Cheesecake Factory Stock Be On Your Menu?
- Buffett Reduces Taiwan Semiconductor Stake After This Happened
- Don’t Get Bullish On The S&P 500 Because Of The CPI Report
- Shockwave Medical Gets 10% Jolt, Leads Medical Gear Makers Higher
- Proterra Inc., A Penny Stock To Put On The Watchlist
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Get Rating).
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
