Windward Capital Management Co. CA trimmed its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 0.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 437,542 shares of the e-commerce giant’s stock after selling 1,904 shares during the quarter. Amazon.com comprises approximately 5.2% of Windward Capital Management Co. CA’s portfolio, making the stock its 2nd largest holding. Windward Capital Management Co. CA’s holdings in Amazon.com were worth $57,038,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of AMZN. Next Level Private LLC purchased a new stake in shares of Amazon.com during the 2nd quarter valued at approximately $1,044,000. Mayfair Advisory Group LLC raised its position in shares of Amazon.com by 12.0% during the 1st quarter. Mayfair Advisory Group LLC now owns 4,561 shares of the e-commerce giant’s stock valued at $468,000 after buying an additional 488 shares during the period. Little House Capital LLC raised its position in shares of Amazon.com by 6.3% during the 1st quarter. Little House Capital LLC now owns 37,942 shares of the e-commerce giant’s stock valued at $3,919,000 after buying an additional 2,251 shares during the period. Institute for Wealth Management LLC. raised its position in shares of Amazon.com by 8.7% during the 1st quarter. Institute for Wealth Management LLC. now owns 90,790 shares of the e-commerce giant’s stock valued at $9,378,000 after buying an additional 7,285 shares during the period. Finally, Rothschild Investment Corp IL raised its position in shares of Amazon.com by 5.2% during the 1st quarter. Rothschild Investment Corp IL now owns 87,315 shares of the e-commerce giant’s stock valued at $9,019,000 after buying an additional 4,290 shares during the period. 57.96% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research firms have recently commented on AMZN. JMP Securities lifted their price target on shares of Amazon.com from $140.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. DA Davidson reiterated a “buy” rating and issued a $150.00 target price on shares of Amazon.com in a report on Wednesday, September 6th. Benchmark lifted their target price on shares of Amazon.com from $130.00 to $170.00 and gave the company a “buy” rating in a report on Friday, August 4th. Roth Mkm lifted their target price on shares of Amazon.com from $155.00 to $165.00 and gave the company a “buy” rating in a report on Friday, August 4th. Finally, Jefferies Financial Group lifted their target price on shares of Amazon.com from $135.00 to $150.00 in a report on Wednesday, June 21st. Three research analysts have rated the stock with a hold rating and forty-eight have given a buy rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $161.30.
Insider Activity
In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Monday, July 24th. The shares were 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 filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $129.48, for a total transaction of $64,740.00. Following the completion of the transaction, the chief executive officer now directly owns 149,780 shares of the company’s stock, valued at $19,393,514.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 4,000 shares of the 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 transaction, 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 three months, insiders sold 1,408,145 shares of company stock valued at $55,144,443. Insiders own 12.30% of the company’s stock.
Amazon.com Price Performance
Shares of AMZN opened at $127.96 on Friday. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $145.86. The stock has a market cap of $1.32 trillion, a PE ratio of 100.76, a price-to-earnings-growth ratio of 1.68 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.70. The firm has a fifty day moving average price of $134.65 and a 200 day moving average price of $122.71.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its 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 net margin of 2.43% and a return on equity of 9.14%. The business had revenue of $134.38 billion during the quarter, compared to analysts’ expectations of $131.54 billion. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 2.23 EPS 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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