Bouchey Financial Group Ltd grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 117,134 shares of the e-commerce giant’s stock after purchasing an additional 491 shares during the period. Amazon.com makes up approximately 1.8% of Bouchey Financial Group Ltd’s holdings, making the stock its 17th largest holding. Bouchey Financial Group Ltd’s holdings in Amazon.com were worth $15,270,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the stock. Udine Wealth Management Inc. grew its stake in shares of Amazon.com by 206.9% in the 2nd quarter. Udine Wealth Management Inc. now owns 16,481 shares of the e-commerce giant’s stock valued at $2,148,000 after purchasing an additional 11,111 shares during the period. Consilio Wealth Advisors LLC grew its stake in shares of Amazon.com by 34.1% in the 2nd quarter. Consilio Wealth Advisors LLC now owns 42,540 shares of the e-commerce giant’s stock valued at $5,546,000 after purchasing an additional 10,824 shares during the period. Chemistry Wealth Management LLC grew its stake in shares of Amazon.com by 11.3% in the 2nd quarter. Chemistry Wealth Management LLC now owns 37,853 shares of the e-commerce giant’s stock valued at $4,935,000 after purchasing an additional 3,828 shares during the period. RDA Financial Network grew its stake in shares of Amazon.com by 1.7% in the 2nd quarter. RDA Financial Network now owns 31,599 shares of the e-commerce giant’s stock valued at $4,119,000 after purchasing an additional 523 shares during the period. Finally, Aprio Wealth Management LLC grew its stake in shares of Amazon.com by 17.6% in the 2nd quarter. Aprio Wealth Management LLC now owns 5,401 shares of the e-commerce giant’s stock valued at $704,000 after purchasing an additional 807 shares during the period. 57.96% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on 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 directly owns 150,780 shares in the company, valued at $19,325,472.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $130.93, for a total transaction of $523,720.00. Following the completion of the sale, the chief executive officer now directly owns 564,301 shares in the company, valued at $73,883,929.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, July 6th. The stock was sold at an average price of $128.17, for a total transaction of $64,085.00. Following the sale, the chief executive officer now owns 150,780 shares of the company’s stock, valued at $19,325,472.60. The disclosure for this sale can be found here. Insiders sold 1,408,645 shares of company stock worth $55,223,448 over the last three months. Insiders own 12.30% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Stock Analysis on Amazon.com
Amazon.com Trading Down 0.2 %
Shares of NASDAQ:AMZN opened at $129.12 on Monday. Amazon.com, Inc. has a 52-week low of $81.43 and a 52-week high of $145.86. The company has a market capitalization of $1.33 trillion, a P/E ratio of 101.67, a price-to-earnings-growth ratio of 1.71 and a beta of 1.24. The company has a 50-day simple moving average of $135.38 and a 200 day simple moving average of $120.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 0.95.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.29. The business had revenue of $134.38 billion during the quarter, compared to the consensus estimate of $131.54 billion. Amazon.com had a net margin of 2.43% and a return on equity of 9.14%. Sell-side analysts forecast that Amazon.com, Inc. will post 2.23 earnings per share for the current year.
Amazon.com Profile
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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