Nwam LLC raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,770 shares of the e-commerce giant’s stock after purchasing an additional 352 shares during the period. Amazon.com accounts for 1.2% of Nwam LLC’s portfolio, making the stock its 20th largest position. Nwam LLC’s holdings in Amazon.com were worth $4,586,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Whitnell & Co. grew its stake in Amazon.com by 581.3% during the third quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock worth $105,000 after buying an additional 93 shares during the period. Vestor Capital LLC grew its stake in Amazon.com by 10.1% during the second quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after buying an additional 10 shares during the period. Clear Investment Research LLC grew 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 during the period. LeJeune Puetz Investment Counsel LLC purchased a new stake in Amazon.com during the second quarter worth approximately $116,000. Finally, Mountain Capital Investment Advisors Inc purchased a new stake in Amazon.com during the second quarter worth approximately $121,000. 59.78% of the stock is owned by hedge funds and other institutional investors.
Shares of Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,305.20 on Friday. The firm has a market cap of $628,940.00, a price-to-earnings ratio of 329.60, a price-to-earnings-growth ratio of 7.22 and a beta of 1.46. Amazon.com, Inc. has a twelve month low of $803.00 and a twelve month high of $1,305.76. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00.
Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.09 by ($0.57). The business had revenue of $43.74 billion for the quarter, compared to analyst estimates of $42.26 billion. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. The firm’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same period last year, the company posted $0.52 earnings per share. sell-side analysts anticipate that Amazon.com, Inc. will post 4.24 EPS for the current fiscal year.
In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,800 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $1,160.34, for a total transaction of $3,248,952.00. Following the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $11,603,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the completion of the sale, the chief executive officer now directly owns 79,891,433 shares in the company, valued at approximately $88,162,593,058.49. The disclosure for this sale can be found here. Insiders have sold 402,338 shares of company stock worth $444,391,701 over the last three months. 17.00% of the stock is owned by corporate insiders.
Several equities research analysts have issued reports on AMZN shares. TheStreet upgraded shares of Amazon.com from a “c+” rating to a “b-” rating in a research note on Tuesday, November 7th. Jefferies Group reiterated a “buy” rating and set a $1,250.00 price objective on shares of Amazon.com in a research note on Tuesday, September 26th. Morgan Stanley reiterated a “buy” rating on shares of Amazon.com in a research note on Monday, September 25th. Argus reiterated a “buy” rating and set a $1,150.00 price objective on shares of Amazon.com in a research note on Thursday, September 21st. Finally, Loop Capital reiterated a “buy” rating and set a $1,200.00 price objective on shares of Amazon.com in a research note on Tuesday, September 19th. Four research analysts have rated the stock with a hold rating and fifty-one have issued a buy rating to the stock. Amazon.com currently has an average rating of “Buy” and an average price target of $1,262.35.
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Amazon.com Company Profile
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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