Capital Square LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,979 shares of the e-commerce giant’s stock after selling 829 shares during the period. Amazon.com makes up 2.2% of Capital Square LLC’s portfolio, making the stock its 8th biggest position. Capital Square LLC’s holdings in Amazon.com were worth $2,345,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fiduciary Planning LLC raised its stake in Amazon.com by 1.5% during the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock valued at $1,138,000 after purchasing an additional 5 shares in the last quarter. HBC Financial Services PLLC raised its stake in Amazon.com by 0.8% during the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock valued at $1,717,000 after purchasing an additional 5 shares in the last quarter. Meridian Investment Counsel Inc. raised its stake in Amazon.com by 3.4% during the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock valued at $492,000 after purchasing an additional 5 shares in the last quarter. Alterna Wealth Management Inc. raised its stake in Amazon.com by 1.8% during the first quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock valued at $942,000 after purchasing an additional 5 shares in the last quarter. Finally, Archetype Wealth Partners increased its position in Amazon.com by 3.7% during the first quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock valued at $552,000 after acquiring an additional 6 shares during the last quarter. Institutional investors own 56.67% of the company’s stock.
Insider Transactions at Amazon.com
In other news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction dated Thursday, July 6th. The shares were sold at an average price of $128.17, for a total transaction of $64,085.00. Following the completion of the sale, the chief executive officer now owns 150,780 shares of the company’s stock, valued at $19,325,472.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction dated Thursday, July 6th. The shares were sold at an average price of $128.17, for a total transaction of $64,085.00. Following the completion of the sale, the chief executive officer now owns 150,780 shares of the company’s stock, valued at $19,325,472.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 4,000 shares of the business’s stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $130.93, for a total transaction of $523,720.00. Following the sale, the chief executive officer now directly owns 564,301 shares of the company’s stock, valued at approximately $73,883,929.93. The disclosure for this sale can be found here. Insiders sold 73,325 shares of company stock valued at $8,482,125 over the last 90 days. Corporate insiders own 12.70% of the company’s stock.
Analyst Upgrades and Downgrades
Amazon.com Stock Down 0.5 %
AMZN opened at $132.83 on Wednesday. Amazon.com, Inc. has a fifty-two week low of $81.43 and a fifty-two week high of $146.57. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.69 and a current ratio of 0.92. The company has a fifty day moving average of $124.04 and a two-hundred day moving average of $107.52. The stock has a market capitalization of $1.36 trillion, a price-to-earnings ratio of 316.26, a PEG ratio of 2.60 and a beta of 1.26.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The company had revenue of $127.36 billion during the quarter, compared to analysts’ expectations of $124.57 billion. During the same quarter in the previous year, the company earned $0.21 earnings per share. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, research analysts expect that Amazon.com, Inc. will post 1.58 earnings per share for the current year.
About Amazon.com
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.
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