Smith & Howard Wealth Management LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 53.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,440 shares of the e-commerce giant’s stock after buying an additional 1,540 shares during the period. Smith & Howard Wealth Management LLC’s holdings in Amazon.com were worth $579,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of AMZN. Vanguard Group Inc. boosted its stake in shares of Amazon.com by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 701,550,877 shares of the e-commerce giant’s stock valued at $79,275,249,000 after purchasing an additional 12,456,995 shares in the last quarter. State Street Corp boosted its stake in shares of Amazon.com by 1.0% in the 3rd quarter. State Street Corp now owns 329,849,003 shares of the e-commerce giant’s stock valued at $37,272,937,000 after purchasing an additional 3,121,516 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Amazon.com by 1,838.8% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock valued at $33,134,481,000 after purchasing an additional 295,880,050 shares in the last quarter. FMR LLC boosted its stake in shares of Amazon.com by 1,792.4% in the 2nd quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock valued at $30,381,089,000 after purchasing an additional 270,931,640 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Amazon.com by 2.3% in the 1st quarter. Geode Capital Management LLC now owns 165,309,180 shares of the e-commerce giant’s stock valued at $17,031,683,000 after purchasing an additional 3,774,390 shares in the last quarter. Institutional investors and hedge funds own 57.96% of the company’s stock.
Insiders Place Their Bets
In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $138.48, for a total transaction of $69,240.00. Following the completion of the transaction, the chief executive officer now owns 106,520 shares of the company’s stock, valued at approximately $14,750,889.60. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, VP Shelley Reynolds sold 3,100 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $133.87, for a total transaction of $414,997.00. Following the sale, the vice president now owns 119,780 shares in the company, valued at approximately $16,034,948.60. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $138.48, for a total value of $69,240.00. Following the sale, the chief executive officer now owns 106,520 shares in the company, valued at approximately $14,750,889.60. The disclosure for this sale can be found here. Insiders sold a total of 1,408,645 shares of company stock valued at $55,223,448 in the last quarter. 12.30% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on Amazon.com
Amazon.com Trading Up 0.9 %
NASDAQ:AMZN opened at $127.12 on Friday. Amazon.com, Inc. has a twelve month low of $81.43 and a twelve month high of $145.86. The company has a quick ratio of 0.70, a current ratio of 0.95 and a debt-to-equity ratio of 0.37. The business has a 50 day moving average price of $134.87 and a two-hundred day moving average price of $121.87. The company has a market cap of $1.31 trillion, a P/E ratio of 100.09, a price-to-earnings-growth ratio of 1.67 and a beta of 1.24.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly 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. Amazon.com had a return on equity of 9.14% and a net margin of 2.43%. The firm had revenue of $134.38 billion during the quarter, compared to the consensus estimate of $131.54 billion. As a group, analysts expect that Amazon.com, Inc. will post 2.23 EPS 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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