DAGCO Inc. reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,205 shares of the e-commerce giant’s stock after selling 130 shares during the quarter. DAGCO Inc.’s holdings in Amazon.com were worth $689,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Fiduciary Planning LLC grew its holdings in Amazon.com by 1.5% during the 1st quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock worth $1,138,000 after acquiring an additional 5 shares during the period. HBC Financial Services PLLC grew its stake in shares of Amazon.com by 0.8% in the 1st quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock valued at $1,717,000 after buying an additional 5 shares during the period. Meridian Investment Counsel Inc. grew its stake in shares of Amazon.com by 3.4% in the 1st quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock valued at $492,000 after buying an additional 5 shares during the period. Alterna Wealth Management Inc. grew its stake in shares of Amazon.com by 1.8% in the 1st quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock valued at $942,000 after buying an additional 5 shares during the period. Finally, Archetype Wealth Partners grew its stake in shares of Amazon.com by 3.7% in the 1st quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock valued at $552,000 after buying an additional 6 shares during the period. 57.64% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other news, CEO Andrew R. Jassy sold 21,925 shares of the business’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $115.37, for a total transaction of $2,529,487.25. Following the completion of the transaction, the chief executive officer now directly owns 1,997,681 shares in the company, valued at approximately $230,472,456.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $115.60, for a total transaction of $358,360.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at approximately $13,846,568. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 21,925 shares of the company’s stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $115.37, for a total transaction of $2,529,487.25. Following the completion of the transaction, the chief executive officer now owns 1,997,681 shares of the company’s stock, valued at $230,472,456.97. The disclosure for this sale can be found here. Insiders sold 71,144 shares of company stock worth $8,030,687 in the last three months. Corporate insiders own 12.30% of the company’s stock.
Analyst Upgrades and Downgrades
Amazon.com Trading Up 1.2 %
Shares of AMZN stock opened at $124.25 on Friday. The company’s fifty day simple moving average is $107.92 and its two-hundred day simple moving average is $98.83. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.92 and a quick ratio of 0.69. Amazon.com, Inc. has a 1 year low of $81.43 and a 1 year high of $146.57. The stock has a market capitalization of $1.27 trillion, a price-to-earnings ratio of 295.83, a PEG ratio of 4.19 and a beta of 1.25.
Amazon.com (NASDAQ:AMZN – Get Rating) last released its quarterly earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. The firm had revenue of $127.36 billion during the quarter, compared to analyst estimates of $124.57 billion. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.21 EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 1.57 earnings per share for the current year.
Amazon.com Company 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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