Accel Wealth Management lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,449 shares of the e-commerce giant’s stock after purchasing an additional 1,614 shares during the quarter. Amazon.com accounts for approximately 1.1% of Accel Wealth Management’s holdings, making the stock its 21st largest position. Accel Wealth Management’s holdings in Amazon.com were worth $2,222,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of AMZN. State Street Corp grew its stake in shares of Amazon.com by 1,869.1% in the second quarter. State Street Corp now owns 326,727,487 shares of the e-commerce giant’s stock worth $34,701,726,000 after purchasing an additional 310,134,486 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Amazon.com by 1,838.8% during the second 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 in the last quarter. FMR LLC boosted its stake in Amazon.com by 1,792.4% during the second 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 in the last quarter. Northern Trust Corp boosted its stake in Amazon.com by 1,867.0% during the second 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 in the last quarter. Finally, Swiss National Bank boosted its stake in Amazon.com by 1,909.7% during the second quarter. Swiss National Bank now owns 39,731,440 shares of the e-commerce giant’s stock valued at $4,219,876,000 after buying an additional 37,754,468 shares in the last quarter. Institutional investors own 57.64% of the company’s stock.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, April 5th. The stock was sold at an average price of $101.67, for a total value of $50,835.00. Following the sale, the chief executive officer now owns 137,300 shares of the company’s stock, valued at approximately $13,959,291. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, April 5th. The stock was sold at an average price of $101.67, for a total value of $50,835.00. Following the sale, the chief executive officer now owns 137,300 shares of the company’s stock, valued at approximately $13,959,291. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, April 3rd. The shares were sold at an average price of $102.25, for a total value of $409,000.00. Following the completion of the sale, the chief executive officer now directly owns 556,298 shares in the company, valued at approximately $56,881,470.50. The disclosure for this sale can be found here. Insiders have sold 78,193 shares of company stock valued at $7,685,143 in the last 90 days. 12.70% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Amazon.com Stock Performance
Shares of NASDAQ AMZN opened at $102.74 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.72 and a current ratio of 0.94. The firm has a market cap of $1.05 trillion, a price-to-earnings ratio of -383.34, a P/E/G ratio of 4.18 and a beta of 1.26. The business’s 50-day simple moving average is $97.96 and its 200-day simple moving average is $98.00. Amazon.com, Inc. has a 52 week low of $81.43 and a 52 week high of $158.65.
Amazon.com (NASDAQ:AMZN – Get Rating) last issued its quarterly earnings data 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 company had revenue of $149.20 billion for the quarter, compared to analyst estimates 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 posted $1.39 EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 1.35 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.
Recommended Stories
- Get a free copy of the StockNews.com research report on Amazon.com (AMZN)
- Why State Street Stock Is Sliding After Announcing Earnings
- Charles Schwab’s Recovery Just Shifted Gears
- Is Ollie’s Bargain Outlets A Value Or A Trap?
- Amyris May be Oversold, but is it Worth Fighting the Shorts?
- Macau Casinos Are Hot: Is MGM Resorts The Play?
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.
