Amazon.com, Inc. (AMZN) Shares Bought by Nwam LLC

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.

COPYRIGHT VIOLATION WARNING: “Amazon.com, Inc. (AMZN) Shares Bought by Nwam LLC” was first posted by Stock Observer and is owned by of Stock Observer. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at https://www.thestockobserver.com/2018/01/13/amazon-com-inc-amzn-shares-bought-by-nwam-llc.html.

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.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN).

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply