Madrona Financial Services LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,139 shares of the e-commerce giant’s stock after buying an additional 190 shares during the quarter. Madrona Financial Services LLC’s holdings in Amazon.com were worth $800,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Amazon.com by 1.8% during the third 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 raised its stake in shares of Amazon.com by 1.0% during the third 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 raised its stake in shares of Amazon.com by 1,838.8% during the second 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 raised its stake in shares of Amazon.com by 1,792.4% during the second 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 raised its stake in shares of Amazon.com by 2.3% during the first 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. 57.96% of the stock is currently owned by institutional investors.
Insider Transactions at Amazon.com
In other news, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $129.48, for a total value of $64,740.00. Following the completion of the sale, the chief executive officer now directly owns 149,780 shares of the company’s stock, valued at $19,393,514.40. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $129.48, for a total transaction of $64,740.00. Following the completion of the sale, the chief executive officer now directly owns 149,780 shares of the company’s stock, valued at $19,393,514.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 4,000 shares of the stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $133.55, for a total value of $534,200.00. Following the sale, the chief executive officer now directly owns 560,301 shares of the company’s stock, valued at $74,828,198.55. The disclosure for this sale can be found here. Insiders sold a total of 1,404,645 shares of company stock valued at $54,699,728 over the last ninety days. 12.70% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on AMZN
Amazon.com Price Performance
Amazon.com stock opened at $124.72 on Wednesday. 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, Inc. has a 52 week low of $81.43 and a 52 week high of $145.86. The stock has a market capitalization of $1.29 trillion, a P/E ratio of 98.21, a price-to-earnings-growth ratio of 1.68 and a beta of 1.24. The stock has a fifty day moving average of $134.80 and a 200-day moving average of $122.44.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $131.54 billion. On average, sell-side analysts expect that Amazon.com, Inc. will post 2.23 earnings per share for the current fiscal 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.
Read More
- Five stocks we like better than Amazon.com
- What Are the U.K. Market Holidays? How to Invest and Trade
- Why Ralph Lauren Should Be On Your Holiday Wishlist
- What is the Australian Securities Exchange (ASX)
- MarketBeat Stock of the Week, Amazon Goes Big on AI
- How to Invest in Biotech Stocks
- Inflation is Why a Soft Landing is Bad for the Economy
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
