Tiedemann Advisors LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 4.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,198 shares of the e-commerce giant’s stock after buying an additional 1,875 shares during the period. Tiedemann Advisors LLC’s holdings in Amazon.com were worth $5,892,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Amazon.com by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 701,550,877 shares of the e-commerce giant’s stock worth $79,275,249,000 after purchasing an additional 12,456,995 shares during the last quarter. State Street Corp boosted its position in 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 worth $37,272,937,000 after purchasing an additional 3,121,516 shares during the period. Price T Rowe Associates Inc. MD raised its position 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 valued at $33,134,481,000 after purchasing an additional 295,880,050 shares during the period. FMR LLC raised its position 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 valued at $30,381,089,000 after purchasing an additional 270,931,640 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Amazon.com by 2.3% during 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 buying an additional 3,774,390 shares in the last quarter. Hedge funds and other institutional investors own 57.96% of the company’s stock.
Insider Activity at Amazon.com
In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction on Monday, August 21st. The stock was sold at an average price of $133.87, for a total value of $414,997.00. Following the completion of the transaction, the vice president now owns 119,780 shares in the company, valued at $16,034,948.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the company’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $133.87, for a total value of $414,997.00. Following the sale, the vice president now owns 119,780 shares in the company, valued at $16,034,948.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of $129.48, for a total transaction of $64,740.00. Following the transaction, the chief executive officer now directly owns 149,780 shares of the company’s stock, valued at approximately $19,393,514.40. The disclosure for this sale can be found here. Insiders have sold 1,408,645 shares of company stock worth $55,207,763 over the last ninety days. 12.30% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
View Our Latest Report on AMZN
Amazon.com Trading Up 1.0 %
NASDAQ:AMZN opened at $129.48 on Wednesday. Amazon.com, Inc. has a 12 month low of $81.43 and a 12 month high of $145.86. The company has a current ratio of 0.95, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $134.49 and a 200-day moving average price of $123.46. The stock has a market cap of $1.34 trillion, a price-to-earnings ratio of 101.95, a P/E/G ratio of 1.69 and a beta of 1.24.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings data on Thursday, August 3rd. The e-commerce giant reported $0.63 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $131.54 billion. Equities analysts predict 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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