Hall Laurie J Trustee grew its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,820 shares of the e-commerce giant’s stock after acquiring an additional 280 shares during the period. Hall Laurie J Trustee’s holdings in Amazon.com were worth $1,801,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of AMZN. Kavar Capital Partners Group LLC grew its holdings in shares of Amazon.com by 7.6% in the 1st quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock valued at $3,654,000 after acquiring an additional 79 shares in the last quarter. IFM Investors Pty Ltd grew its holdings in shares of Amazon.com by 21.8% in the 1st quarter. IFM Investors Pty Ltd now owns 72,911 shares of the e-commerce giant’s stock valued at $237,686,000 after acquiring an additional 13,060 shares in the last quarter. Ironwood Wealth Management LLC. grew its holdings in shares of Amazon.com by 0.8% in the 1st quarter. Ironwood Wealth Management LLC. now owns 1,810 shares of the e-commerce giant’s stock valued at $5,901,000 after acquiring an additional 15 shares in the last quarter. Markel Corp grew its holdings in Amazon.com by 0.6% during the first quarter. Markel Corp now owns 99,068 shares of the e-commerce giant’s stock worth $322,956,000 after purchasing an additional 550 shares during the period. Finally, Leelyn Smith LLC grew its holdings in Amazon.com by 24.8% during the first quarter. Leelyn Smith LLC now owns 2,721 shares of the e-commerce giant’s stock worth $8,870,000 after purchasing an additional 540 shares during the period. Institutional investors own 57.96% of the company’s stock.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, major shareholder Amazon Com Inc sold 1,177,000 shares of the stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $19.50, for a total value of $22,951,500.00. Following the completion of the sale, the insider now owns 12,741,445 shares in the company, valued at approximately $248,458,177.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Thursday, July 6th. The shares were sold at an average price of $128.17, for a total value of $64,085.00. Following the completion of the sale, the chief executive officer now owns 150,780 shares in the company, valued at approximately $19,325,472.60. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Amazon Com Inc sold 1,177,000 shares of the stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $19.50, for a total transaction of $22,951,500.00. Following the transaction, the insider now directly owns 12,741,445 shares of the company’s stock, valued at $248,458,177.50. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,408,645 shares of company stock worth $55,223,448. Insiders own 12.30% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Report on AMZN
Amazon.com Trading Up 0.9 %
AMZN opened at $127.12 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.70. Amazon.com, Inc. has a fifty-two week low of $81.43 and a fifty-two week high of $145.86. The firm has a market capitalization of $1.31 trillion, a PE ratio of 100.10, a P/E/G ratio of 1.67 and a beta of 1.24. The company’s 50-day moving average is $134.87 and its 200 day moving average is $121.68.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.29. The company had revenue of $134.38 billion for the quarter, compared to analyst estimates of $131.54 billion. Amazon.com had a net margin of 2.43% and a return on equity of 9.14%. As a group, research analysts predict that Amazon.com, Inc. will post 2.23 earnings per share for the current fiscal 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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