Strategic Blueprint LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,029 shares of the e-commerce giant’s stock after selling 596 shares during the quarter. Amazon.com comprises about 0.9% of Strategic Blueprint LLC’s portfolio, making the stock its 21st largest position. Strategic Blueprint LLC’s holdings in Amazon.com were worth $7,478,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. McElhenny Sheffield Capital Management LLC purchased a new position in Amazon.com in the 4th quarter worth about $27,000. Retirement Financial Solutions LLC purchased a new position in Amazon.com in the 4th quarter worth about $32,000. Laurel Wealth Planning LLC increased its stake in Amazon.com by 1,900.0% in the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock worth $34,000 after buying an additional 304 shares during the period. Swaine & Leidel Wealth Services LLC purchased a new position in Amazon.com in the 1st quarter worth about $38,000. Finally, Cowa LLC purchased a new position in Amazon.com in the 3rd quarter worth about $40,000. Hedge funds and other institutional investors own 57.64% of the company’s stock.
Insider Activity
In other news, CEO Adam Selipsky sold 5,100 shares of Amazon.com stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 124,180 shares of the company’s stock, valued at approximately $13,837,377.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, CEO Adam Selipsky sold 5,100 shares of Amazon.com stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 124,180 shares of the company’s stock, valued at approximately $13,837,377.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Shelley Reynolds sold 3,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $94.91, for a total transaction of $332,185.00. Following the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $11,368,319.80. The disclosure for this sale can be found here. Insiders sold a total of 78,193 shares of company stock valued at $7,685,143 in the last three months. 12.70% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Amazon.com Stock Performance
AMZN opened at $102.74 on Tuesday. Amazon.com, Inc. has a 12-month low of $81.43 and a 12-month high of $158.65. 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 firm has a market capitalization of $1.05 trillion, a PE ratio of -383.34, a P/E/G ratio of 4.18 and a beta of 1.26. The firm has a 50 day moving average of $97.96 and a two-hundred day moving average of $98.00.
Amazon.com (NASDAQ:AMZN – Get Rating) last posted its earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.12). The firm had revenue of $149.20 billion for 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 revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $1.39 earnings per share. On average, analysts anticipate that Amazon.com, Inc. will post 1.35 EPS 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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