Capital City Trust Co. FL lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,152 shares of the e-commerce giant’s stock after selling 872 shares during the quarter. Amazon.com comprises 2.2% of Capital City Trust Co. FL’s holdings, making the stock its 7th biggest position. Capital City Trust Co. FL’s holdings in Amazon.com were worth $6,929,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of the company. First National Bank of Hutchinson raised its stake in shares of Amazon.com by 4.5% during the 2nd quarter. First National Bank of Hutchinson now owns 15,999 shares of the e-commerce giant’s stock worth $2,086,000 after acquiring an additional 683 shares in the last quarter. Empire Financial Management Company LLC raised its stake in shares of Amazon.com by 41.2% during the 2nd quarter. Empire Financial Management Company LLC now owns 21,414 shares of the e-commerce giant’s stock worth $2,792,000 after acquiring an additional 6,246 shares in the last quarter. Virtu Financial LLC acquired a new position in Amazon.com during the 2nd quarter valued at approximately $4,636,000. Compass Wealth Management LLC increased its stake in Amazon.com by 14.9% during the 2nd quarter. Compass Wealth Management LLC now owns 3,469 shares of the e-commerce giant’s stock valued at $452,000 after purchasing an additional 449 shares in the last quarter. Finally, Mendota Financial Group LLC increased its stake in Amazon.com by 2,837.7% during the 2nd quarter. Mendota Financial Group LLC now owns 4,671 shares of the e-commerce giant’s stock valued at $609,000 after purchasing an additional 4,512 shares in the last quarter. Institutional investors own 57.96% of the company’s stock.
Insider Activity
In other news, CEO Douglas J. Herrington sold 4,000 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $133.55, for a total value of $534,200.00. Following the completion of the sale, the chief executive officer now directly owns 560,301 shares in the company, valued at $74,828,198.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CEO Adam Selipsky sold 500 shares of the stock in a transaction dated Thursday, October 19th. The shares were sold at an average price of $130.53, for a total value of $65,265.00. Following the completion of the sale, the chief executive officer now directly owns 104,520 shares in the company, valued at $13,642,995.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $133.55, for a total transaction of $534,200.00. Following the sale, the chief executive officer now owns 560,301 shares of the company’s stock, valued at $74,828,198.55. The disclosure for this sale can be found here. Insiders sold 1,408,645 shares of company stock worth $55,208,288 over the last three months. Insiders own 12.30% of the company’s stock.
Analysts Set New Price Targets
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Amazon.com Stock Performance
AMZN opened at $127.74 on Monday. The firm’s fifty day simple moving average is $132.28 and its two-hundred day simple moving average is $125.74. The company has a market cap of $1.32 trillion, a price-to-earnings ratio of 66.19, a PEG ratio of 1.94 and a beta of 1.24. 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 52-week low of $81.43 and a 52-week high of $145.86.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued 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. The business had revenue of $134.38 billion during the quarter, compared to analysts’ expectations of $131.54 billion. Amazon.com had a net margin of 3.62% and a return on equity of 13.29%. Equities analysts anticipate that Amazon.com, Inc. will post 2.23 earnings per share for the current fiscal year.
Amazon.com Company 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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