Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Jump Financial LLC - Defense World
A number of other institutional investors also recently modified their holdings of AMZN. Accordant Advisory Group Inc boosted its stake in shares of Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after buying an additional 100 shares during the period. Prudent Man Investment Management Inc. acquired a new stake in shares of Amazon.com during the 4th quarter valued at $27,000. LSV Asset Management acquired a new stake in shares of Amazon.com during the 4th quarter valued at $35,000. Perritt Capital Management Inc boosted its stake in shares of Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock valued at $42,000 after buying an additional 80 shares during the period. Finally, Quattro Financial Advisors LLC boosted its stake in shares of Amazon.com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after buying an additional 45 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.
NASDAQ:AMZN opened at $193.06 on Monday. The firm’s 50-day moving average is $188.50 and its 200-day moving average is $208.10. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The company has a market cap of $2.05 trillion, a price-to-earnings ratio of 34.91, a PEG ratio of 1.50 and a beta of 1.30.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.21. The business had revenue of $155.67 billion for the quarter, compared to analysts’ expectations of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.98 earnings per share. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
A number of equities research analysts have issued reports on the stock. Canaccord Genuity Group reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, February 13th. JMP Securities reaffirmed a “market outperform” rating on shares of Amazon.com in a research note on Tuesday, May 6th. Raymond James reaffirmed an “outperform” rating and issued a $195.00 price objective (down previously from $275.00) on shares of Amazon.com in a research note on Monday, April 21st. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Amazon.com from $287.00 to $206.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, Bank of America reduced their price objective on shares of Amazon.com from $257.00 to $225.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Four research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $244.09.
In related news, VP Shelley Reynolds sold 8,833 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $26,647,456.60. The trade was a 6.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $190.67, for a total transaction of $476,675.00. Following the completion of the sale, the chief executive officer now directly owns 506,974 shares in the company, valued at approximately $96,664,732.58. The trade was a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 107,298 shares of company stock valued at $23,818,478 over the last quarter. 9.70% of the stock is owned by company insiders.
Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
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