Capital Advisors Ltd. LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 82.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,655 shares of the e-commerce giant’s stock after purchasing an additional 5,282 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Amazon.com were worth $1,519,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the business. Arcataur Capital Management LLC purchased a new stake in Amazon.com during the second quarter valued at $913,000. Amplius Wealth Advisors LLC increased its position in Amazon.com by 5.8% during the second quarter. Amplius Wealth Advisors LLC now owns 14,927 shares of the e-commerce giant’s stock valued at $1,946,000 after acquiring an additional 819 shares during the last quarter. Convergence Investment Partners LLC increased its position in Amazon.com by 10.7% during the second quarter. Convergence Investment Partners LLC now owns 22,637 shares of the e-commerce giant’s stock valued at $2,951,000 after acquiring an additional 2,185 shares during the last quarter. Mosaic Advisors LLC bought a new position in Amazon.com during the second quarter valued at $649,000. Finally, Destiny Wealth Partners LLC increased its position in Amazon.com by 0.5% during the second quarter. Destiny Wealth Partners LLC now owns 141,068 shares of the e-commerce giant’s stock valued at $18,339,000 after acquiring an additional 668 shares during the last quarter. Hedge funds and other institutional investors own 57.96% of the company’s stock.
Insider Transactions at Amazon.com
In related news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $138.48, for a total value of $69,240.00. Following the sale, the chief executive officer now owns 106,520 shares of the company’s stock, valued at approximately $14,750,889.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $138.48, for a total value of $69,240.00. Following the sale, the chief executive officer now owns 106,520 shares of the company’s stock, valued at approximately $14,750,889.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction on Monday, October 2nd. The shares were 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 in the company, valued at approximately $66,438,595.20. The disclosure for this sale can be found here. Insiders have sold 1,408,645 shares of company stock valued at $55,208,288 in the last 90 days. 12.30% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
View Our Latest Research Report on AMZN
Amazon.com Price Performance
Shares of NASDAQ AMZN opened at $119.57 on Friday. The stock has a market capitalization of $1.23 trillion, a price-to-earnings ratio of 94.15, a PEG ratio of 1.95 and a beta of 1.24. Amazon.com, Inc. has a 12 month low of $81.43 and a 12 month high of $145.86. The firm’s 50 day simple moving average is $132.39 and its 200-day simple moving average is $125.38. 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 data 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 business 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%. Analysts expect that Amazon.com, Inc. will post 2.24 EPS for the current 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.
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