Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Radnor Capital Management LLC

Radnor Capital Management LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1,900.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,880 shares of the e-commerce giant’s stock after acquiring an additional 1,786 shares during the period. Radnor Capital Management LLC’s holdings in Amazon.com were worth $200,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of AMZN. Fifth Third Bancorp grew its holdings in Amazon.com by 1.5% during the 1st quarter. Fifth Third Bancorp now owns 177,679 shares of the e-commerce giant’s stock valued at $579,225,000 after buying an additional 2,686 shares during the last quarter. LRT Capital Management LLC acquired a new stake in Amazon.com during the 1st quarter valued at $939,000. Van Hulzen Asset Management LLC grew its holdings in Amazon.com by 2.1% during the 1st quarter. Van Hulzen Asset Management LLC now owns 3,993 shares of the e-commerce giant’s stock valued at $13,017,000 after buying an additional 82 shares during the last quarter. Graypoint LLC grew its holdings in Amazon.com by 57.9% during the 1st quarter. Graypoint LLC now owns 1,704 shares of the e-commerce giant’s stock valued at $5,555,000 after buying an additional 625 shares during the last quarter. Finally, Castle Rock Wealth Management LLC grew its holdings in Amazon.com by 10.6% during the 1st quarter. Castle Rock Wealth Management LLC now owns 1,715 shares of the e-commerce giant’s stock valued at $5,422,000 after buying an additional 164 shares during the last quarter. Institutional investors and hedge funds own 57.15% of the company’s stock.

Amazon.com Stock Down 2.0 %

NASDAQ:AMZN opened at $122.19 on Wednesday. The company has a market capitalization of $1.24 trillion, a price-to-earnings ratio of 109.54, a price-to-earnings-growth ratio of 5.51 and a beta of 1.33. Amazon.com, Inc. has a one year low of $101.26 and a one year high of $188.11. The stock has a 50-day simple moving average of $129.77 and a 200 day simple moving average of $130.45. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.95.

Amazon.com (NASDAQ:AMZNGet Rating) last posted its quarterly earnings results on Thursday, July 28th. The e-commerce giant reported ($0.20) EPS 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 for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $0.76 earnings per share. Sell-side analysts predict that Amazon.com, Inc. will post 0.99 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 520 shares of Amazon.com stock in a transaction dated Wednesday, September 14th. The stock was sold at an average price of $127.43, for a total value of $66,263.60. Following the completion of the transaction, the chief executive officer now directly owns 115,680 shares in the company, valued at $14,741,102.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 520 shares of Amazon.com stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of $127.43, for a total value of $66,263.60. Following the completion of the transaction, the chief executive officer now directly owns 115,680 shares in the company, valued at $14,741,102.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 10,480 shares of Amazon.com stock in a transaction that occurred on Tuesday, August 16th. The shares were sold at an average price of $145.01, for a total value of $1,519,704.80. Following the completion of the transaction, the senior vice president now owns 60,260 shares of the company’s stock, valued at $8,738,302.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 70,628 shares of company stock worth $9,802,599. Corporate insiders own 12.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMZN. StockNews.com upgraded Amazon.com from a “sell” rating to a “hold” rating in a report on Monday, August 1st. Telsey Advisory Group increased their price target on Amazon.com from $145.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, July 29th. Jefferies Financial Group reduced their price target on Amazon.com from $163.00 to $150.00 in a research note on Wednesday, July 20th. JMP Securities increased their price target on Amazon.com from $172.50 to $180.00 and gave the stock a “market outperform” rating in a research note on Friday, July 29th. Finally, Oppenheimer reduced their price target on Amazon.com from $175.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, July 25th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and thirty-six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $176.61.

Amazon.com Profile

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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.

See Also

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

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