Wayne Hummer Investments L.L.C. boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 14.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 836 shares of the e-commerce giant’s stock after buying an additional 106 shares during the period. Wayne Hummer Investments L.L.C.’s holdings in Amazon.com were worth $809,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Clear Investment Research LLC boosted its stake in Amazon.com by 73,100.0% during the second quarter. Clear Investment Research LLC now owns 732 shares of the e-commerce giant’s stock worth $107,000 after buying an additional 731 shares in the last quarter. WealthTrust Arizona LLC boosted its stake in Amazon.com by 2.7% during the second quarter. WealthTrust Arizona LLC now owns 114 shares of the e-commerce giant’s stock worth $110,000 after buying an additional 3 shares in the last quarter. LeJeune Puetz Investment Counsel LLC acquired a new stake in Amazon.com during the second quarter worth $116,000. Lipe & Dalton acquired a new stake in Amazon.com during the first quarter worth $124,000. Finally, Farmers & Merchants Investments Inc. boosted its stake in Amazon.com by 560.0% during the second quarter. Farmers & Merchants Investments Inc. now owns 132 shares of the e-commerce giant’s stock worth $128,000 after buying an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 60.54% of the company’s stock.
Shares of Amazon.com, Inc. (AMZN) opened at $1,125.35 on Monday. Amazon.com, Inc. has a 12 month low of $710.10 and a 12 month high of $1,135.54. The company has a market capitalization of $542,274.88, a PE ratio of 285.62, a PEG ratio of 14.04 and a beta of 1.45. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03.
Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $1.09 by ($0.57). Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The firm had revenue of $43.74 billion for the quarter, compared to analyst estimates of $42.26 billion. During the same period in the previous year, the business posted $0.52 earnings per share. The business’s revenue for the quarter was up 33.7% compared to the same quarter last year. sell-side analysts anticipate that Amazon.com, Inc. will post 4.26 EPS for the current fiscal year.
In other news, CEO Andrew R. Jassy sold 1,985 shares of Amazon.com stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $986.12, for a total transaction of $1,957,448.20. Following the sale, the chief executive officer now directly owns 81,479 shares of the company’s stock, valued at $80,348,071.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Tom A. Alberg sold 1,860 shares of Amazon.com stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $1,109.20, for a total value of $2,063,112.00. Following the sale, the director now directly owns 18,460 shares in the company, valued at $20,475,832. The disclosure for this sale can be found here. Insiders have sold 401,343 shares of company stock worth $441,838,533 over the last three months. Insiders own 17.00% of the company’s stock.
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Several equities research analysts have recently commented on AMZN shares. Canaccord Genuity restated a “buy” rating and issued a $1,200.00 target price on shares of Amazon.com in a research note on Wednesday, October 11th. J P Morgan Chase & Co restated a “buy” rating on shares of Amazon.com in a research note on Friday, July 28th. Wedbush set a $1,250.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research note on Monday, October 23rd. Citigroup Inc. restated a “buy” rating and issued a $1,200.00 target price (down previously from $1,220.00) on shares of Amazon.com in a research note on Sunday, July 30th. Finally, Royal Bank Of Canada set a $1,100.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research note on Monday, September 11th. Five research analysts have rated the stock with a hold rating and forty-nine have given a buy rating to the company. Amazon.com has a consensus rating of “Buy” and an average target price of $1,142.08.
Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.
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