Amazon.com, Inc. (NASDAQ:AMZN) Holdings Increased by Pure Financial Advisors Inc.

Pure Financial Advisors Inc. grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 12.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 637 shares of the e-commerce giant’s stock after buying an additional 73 shares during the quarter. Pure Financial Advisors Inc.’s holdings in Amazon.com were worth $1,757,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Woodstock Corp grew its holdings in shares of Amazon.com by 2.2% during the second quarter. Woodstock Corp now owns 182 shares of the e-commerce giant’s stock worth $502,000 after purchasing an additional 4 shares during the last quarter. Magellan Asset Management Ltd grew its holdings in shares of Amazon.com by 13.5% during the fourth quarter. Magellan Asset Management Ltd now owns 42 shares of the e-commerce giant’s stock worth $78,000 after purchasing an additional 5 shares during the last quarter. Saturna Capital CORP grew its holdings in shares of Amazon.com by 0.3% during the fourth quarter. Saturna Capital CORP now owns 1,898 shares of the e-commerce giant’s stock worth $3,507,000 after purchasing an additional 5 shares during the last quarter. J. L. Bainbridge & Co. Inc. grew its holdings in shares of Amazon.com by 0.7% during the fourth quarter. J. L. Bainbridge & Co. Inc. now owns 679 shares of the e-commerce giant’s stock worth $1,255,000 after purchasing an additional 5 shares during the last quarter. Finally, Pratt Collard Advisory Partners LLC lifted its stake in shares of Amazon.com by 3.7% in the first quarter. Pratt Collard Advisory Partners LLC now owns 139 shares of the e-commerce giant’s stock worth $271,000 after acquiring an additional 5 shares during the period. Institutional investors own 64.65% of the company’s stock.

In other news, Director Indra K. Nooyi purchased 27 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were purchased at an average price of $2,806.80 per share, with a total value of $75,783.60. Following the transaction, the director now directly owns 707 shares of the company’s stock, valued at $1,984,407.60. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Andrew R. Jassy sold 6,945 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $2,256.50, for a total value of $15,671,392.50. Following the transaction, the chief executive officer now directly owns 93,105 shares in the company, valued at approximately $210,091,432.50. The disclosure for this sale can be found here. Insiders sold a total of 9,497 shares of company stock valued at $21,605,827 in the last 90 days. Corporate insiders own 16.10% of the company’s stock.

NASDAQ:AMZN traded up $56.22 during trading on Wednesday, reaching $3,056.34. The company’s stock had a trading volume of 2,838,774 shares, compared to its average volume of 4,465,133. The firm has a market cap of $1,504.84 billion, a price-to-earnings ratio of 145.88, a price-to-earnings-growth ratio of 6.25 and a beta of 1.32. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.84 and a current ratio of 1.08. The firm has a 50 day moving average of $2,598.30 and a 200-day moving average of $2,168.47. Amazon.com, Inc. has a 12 month low of $1,626.03 and a 12 month high of $3,069.55.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, April 30th. The e-commerce giant reported $5.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.36 by ($1.35). The business had revenue of $75.45 billion during the quarter, compared to the consensus estimate of $74.15 billion. Amazon.com had a net margin of 3.56% and a return on equity of 17.83%. The firm’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same quarter last year, the company earned $7.09 EPS. Equities research analysts forecast that Amazon.com, Inc. will post 19.99 earnings per share for the current fiscal year.

A number of research firms recently commented on AMZN. Benchmark lifted their price objective on Amazon.com from $2,450.00 to $2,650.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. KeyCorp reaffirmed an “overweight” rating and issued a $2,700.00 price objective (up from $2,400.00) on shares of Amazon.com in a research note on Friday, May 1st. Oppenheimer lifted their price objective on Amazon.com from $2,400.00 to $2,700.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. JMP Securities lifted their price objective on Amazon.com from $2,650.00 to $2,850.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Finally, DZ Bank reissued a “buy” rating on shares of Amazon.com in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, forty-six have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $2,693.66.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.

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

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