Ferguson Shapiro LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 13.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,417 shares of the e-commerce giant’s stock after buying an additional 644 shares during the period. Amazon.com accounts for 0.5% of Ferguson Shapiro LLC’s holdings, making the stock its 15th biggest holding. Ferguson Shapiro LLC’s holdings in Amazon.com were worth $706,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Bridgefront Capital LLC bought a new position in Amazon.com during the first quarter worth $228,000. Krane Funds Advisors LLC increased its stake in Amazon.com by 239.1% in the first quarter. Krane Funds Advisors LLC now owns 78 shares of the e-commerce giant’s stock valued at $254,000 after purchasing an additional 55 shares in the last quarter. Range Financial Group LLC bought a new stake in Amazon.com in the first quarter valued at $258,000. My Personal CFO LLC bought a new stake in Amazon.com in the first quarter valued at $261,000. Finally, Worth Asset Management LLC bought a new stake in Amazon.com in the first quarter valued at $191,000. Institutional investors own 57.96% of the company’s stock.
Insider Transactions at Amazon.com
In other news, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Monday, July 24th. The shares were sold at an average price of $129.48, for a total value of $64,740.00. Following the transaction, the chief executive officer now owns 149,780 shares of the company’s stock, valued at approximately $19,393,514.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Douglas J. Herrington sold 4,000 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $127.20, for a total value of $508,800.00. Following the completion of the sale, the chief executive officer now owns 522,316 shares of the company’s stock, valued at approximately $66,438,595.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction 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 completion of the sale, 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 valued at $55,207,763 in the last quarter. Insiders own 12.30% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on AMZN
Amazon.com Price Performance
Shares of NASDAQ:AMZN opened at $125.17 on Friday. The company’s fifty day moving average price is $133.41 and its 200-day moving average price is $124.78. The firm has a market capitalization of $1.29 trillion, a price-to-earnings ratio of 98.56, a PEG ratio of 1.95 and a beta of 1.24. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $145.86. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.70.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued 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 analyst estimates of $131.54 billion. Amazon.com had a net margin of 2.43% and a return on equity of 9.14%. On average, equities research analysts anticipate that Amazon.com, Inc. will post 2.23 earnings per share 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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