Eagle Bluffs Wealth Management LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 2.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,519 shares of the e-commerce giant’s stock after purchasing an additional 234 shares during the quarter. Eagle Bluffs Wealth Management LLC’s holdings in Amazon.com were worth $1,371,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Amazon.com by 1.8% in the third quarter. Vanguard Group Inc. now owns 701,550,877 shares of the e-commerce giant’s stock worth $79,275,249,000 after acquiring an additional 12,456,995 shares during the period. State Street Corp grew its stake in shares of Amazon.com by 1.0% in the third quarter. State Street Corp now owns 329,849,003 shares of the e-commerce giant’s stock worth $37,272,937,000 after acquiring an additional 3,121,516 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Amazon.com by 1,838.8% in the second quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock worth $33,134,481,000 after acquiring an additional 295,880,050 shares during the period. FMR LLC grew its stake in shares of Amazon.com by 1,792.4% in the second quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock worth $30,381,089,000 after acquiring an additional 270,931,640 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Amazon.com by 2.3% in the first quarter. Geode Capital Management LLC now owns 165,309,180 shares of the e-commerce giant’s stock worth $17,031,683,000 after acquiring an additional 3,774,390 shares during the period. 57.96% of the stock is currently owned by institutional investors.
Insider Transactions at Amazon.com
In other news, CEO Douglas J. Herrington sold 4,000 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $127.20, for a total value of $508,800.00. Following the transaction, the chief executive officer now directly owns 522,316 shares in the company, valued at $66,438,595.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $138.48, for a total value of $69,240.00. Following the completion of the sale, the chief executive officer now directly owns 106,520 shares of the company’s stock, valued at $14,750,889.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 4,000 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $127.20, for a total transaction of $508,800.00. Following the completion of the sale, the chief executive officer now directly owns 522,316 shares of the company’s stock, valued at $66,438,595.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,408,145 shares of company stock worth $55,144,443. Insiders own 12.30% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Stock Analysis on Amazon.com
Amazon.com Trading Up 1.6 %
AMZN stock opened at $127.96 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.95 and a debt-to-equity ratio of 0.37. Amazon.com, Inc. has a twelve month low of $81.43 and a twelve month high of $145.86. The stock has a market capitalization of $1.32 trillion, a price-to-earnings ratio of 100.76, a price-to-earnings-growth ratio of 1.68 and a beta of 1.24. The firm’s fifty day simple moving average is $134.65 and its two-hundred day simple moving average is $122.71.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.29. The firm had revenue of $134.38 billion for the quarter, compared to analysts’ expectations of $131.54 billion. Amazon.com had a net margin of 2.43% and a return on equity of 9.14%. As a group, analysts anticipate 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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