Arkadios Wealth Advisors grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 6.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,735 shares of the e-commerce giant’s stock after buying an additional 304 shares during the quarter. Amazon.com comprises 2.0% of Arkadios Wealth Advisors’ investment portfolio, making the stock its 3rd biggest holding. Arkadios Wealth Advisors’ holdings in Amazon.com were worth $15,436,000 as of its most recent SEC filing.
Several other institutional investors also recently made changes to their positions in AMZN. Stuart Chaussee & Associates Inc. acquired a new stake in shares of Amazon.com during the 4th quarter worth about $27,000. Gibson Wealth Advisors LLC purchased a new stake in shares of Amazon.com in the fourth quarter valued at $33,000. Leverty Financial Group LLC acquired a new stake in Amazon.com in the 4th quarter worth about $36,000. MBM Wealth Consultants LLC grew its holdings in Amazon.com by 57.1% in the 4th quarter. MBM Wealth Consultants LLC now owns 11 shares of the e-commerce giant’s stock valued at $37,000 after buying an additional 4 shares during the period. Finally, Industrial Alliance Investment Management Inc. acquired a new position in shares of Amazon.com during the 4th quarter valued at about $39,000. 72.51% of the stock is currently owned by hedge funds and other institutional investors.
In related news, VP Shelley Reynolds sold 173 shares of the stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $2,169.22, for a total value of $375,275.06. Following the completion of the transaction, the vice president now directly owns 5,989 shares of the company’s stock, valued at approximately $12,991,458.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, VP Shelley Reynolds sold 173 shares of the company’s stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $2,169.22, for a total value of $375,275.06. Following the completion of the sale, the vice president now owns 5,989 shares of the company’s stock, valued at $12,991,458.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David H. Clark sold 2,270 shares of the business’s stock in a transaction dated Monday, May 23rd. The stock was sold at an average price of $2,169.22, for a total transaction of $4,924,129.40. Following the sale, the chief executive officer now owns 6,695 shares in the company, valued at $14,522,927.90. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,803 shares of company stock valued at $10,528,337. Insiders own 12.70% of the company’s stock.
Wall Street Analysts Forecast Growth
Amazon.com Price Performance
Shares of AMZN opened at $134.16 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.95 and a quick ratio of 0.68. The company has a market cap of $1.36 trillion, a P/E ratio of 120.27, a PEG ratio of 5.15 and a beta of 1.33. Amazon.com, Inc. has a 12 month low of $101.26 and a 12 month high of $188.11. The stock has a fifty day moving average price of $115.29 and a 200 day moving average price of $134.71.
Amazon.com (NASDAQ:AMZN – Get Rating) last released its quarterly earnings data on Thursday, July 28th. The e-commerce giant reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). The firm had revenue of $121.23 billion during the quarter, compared to analyst estimates of $119.16 billion. Amazon.com had a return on equity of 15.79% and a net margin of 2.39%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same period last year, the business earned $0.76 EPS. On average, research analysts forecast that Amazon.com, Inc. will post 1.12 earnings per share for the current year.
Amazon.com Company 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). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.
- Get a free copy of the StockNews.com research report on Amazon.com (AMZN)
- 3 Health Care Stocks in Great Financial Health
- Amazon Names Itself A Top Stock Of Q3 Contender
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Are Baidu’s Delisting Fears a Good Entry for New Investors?
- 3 Earnings Announcements That Could Surprise
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.