Capital Management Associates NY lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 30.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 847 shares of the e-commerce giant’s stock after acquiring an additional 199 shares during the period. Amazon.com makes up 1.2% of Capital Management Associates NY’s holdings, making the stock its 17th biggest holding. Capital Management Associates NY’s holdings in Amazon.com were worth $820,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the company. Carroll Financial Associates Inc. increased its position in shares of Amazon.com by 45.1% during the second quarter. Carroll Financial Associates Inc. now owns 836 shares of the e-commerce giant’s stock worth $809,000 after acquiring an additional 260 shares in the last quarter. Parametrica Management Ltd bought a new stake in shares of Amazon.com during the second quarter worth about $325,000. American Economic Planning Group Inc. ADV increased its position in shares of Amazon.com by 2.0% during the second quarter. American Economic Planning Group Inc. ADV now owns 500 shares of the e-commerce giant’s stock worth $484,000 after acquiring an additional 10 shares in the last quarter. Wallington Asset Management LLC increased its position in shares of Amazon.com by 5.9% during the second quarter. Wallington Asset Management LLC now owns 1,978 shares of the e-commerce giant’s stock worth $1,915,000 after acquiring an additional 110 shares in the last quarter. Finally, CTC LLC increased its position in shares of Amazon.com by 112.2% during the second quarter. CTC LLC now owns 117,395 shares of the e-commerce giant’s stock worth $114,569,000 after acquiring an additional 62,060 shares in the last quarter. 60.80% of the stock is owned by institutional investors.
Several research analysts recently weighed in on AMZN shares. Piper Jaffray Companies restated an “overweight” rating on shares of Amazon.com in a report on Monday, May 22nd. Aegis restated a “buy” rating on shares of Amazon.com in a report on Monday, May 22nd. Vetr cut shares of Amazon.com from a “buy” rating to a “hold” rating and set a $1,000.35 price target on the stock. in a report on Monday, May 22nd. Cowen and Company boosted their price target on shares of Amazon.com from $1,100.00 to $1,125.00 and gave the stock an “outperform” rating in a report on Thursday, May 25th. Finally, Oppenheimer Holdings, Inc. restated a “buy” rating on shares of Amazon.com in a report on Monday, May 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating, forty-six have issued a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $1,096.67.
Shares of Amazon.com, Inc. (NASDAQ AMZN) traded down 0.55% during mid-day trading on Friday, hitting $986.79. 3,760,183 shares of the stock were exchanged. The firm has a market cap of $474.03 billion, a price-to-earnings ratio of 168.11 and a beta of 1.47. Amazon.com, Inc. has a 52-week low of $710.10 and a 52-week high of $1,083.31. The stock has a 50-day moving average price of $975.62 and a 200 day moving average price of $949.38.
Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($1.00). Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The company had revenue of $37.96 billion for the quarter, compared to analyst estimates of $37.18 billion. During the same quarter last year, the company earned $1.78 EPS. The business’s revenue was up 24.8% compared to the same quarter last year. On average, equities research analysts expect that Amazon.com, Inc. will post $3.89 earnings per share for the current year.
In other news, VP Shelley Reynolds sold 544 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $986.52, for a total transaction of $536,666.88. Following the transaction, the vice president now owns 6,533 shares in the company, valued at $6,444,935.16. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 1,985 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $986.12, for a total transaction of $1,957,448.20. Following the transaction, the chief executive officer now owns 81,479 shares in the company, valued at approximately $80,348,071.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,793 shares of company stock worth $9,574,377. Corporate insiders own 17.70% of the company’s stock.
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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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