D. Scott Neal Inc. Has $401,000 Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

D. Scott Neal Inc. lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1,610.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 3,780 shares of the e-commerce giant’s stock after purchasing an additional 3,559 shares during the period. D. Scott Neal Inc.’s holdings in Amazon.com were worth $401,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Lcnb Corp raised its position in shares of Amazon.com by 0.6% in the 4th quarter. Lcnb Corp now owns 624 shares of the e-commerce giant’s stock valued at $2,081,000 after acquiring an additional 4 shares during the period. MBM Wealth Consultants LLC increased its stake in Amazon.com by 57.1% during the 4th quarter. MBM Wealth Consultants LLC now owns 11 shares of the e-commerce giant’s stock worth $37,000 after purchasing an additional 4 shares in the last quarter. Samalin Investment Counsel LLC increased its stake in Amazon.com by 1.7% during the 4th quarter. Samalin Investment Counsel LLC now owns 239 shares of the e-commerce giant’s stock worth $795,000 after purchasing an additional 4 shares in the last quarter. Confluence Investment Management LLC increased its stake in Amazon.com by 6.3% during the 1st quarter. Confluence Investment Management LLC now owns 67 shares of the e-commerce giant’s stock worth $218,000 after purchasing an additional 4 shares in the last quarter. Finally, Stonebridge Capital Management Inc. increased its stake in Amazon.com by 0.5% during the 1st quarter. Stonebridge Capital Management Inc. now owns 861 shares of the e-commerce giant’s stock worth $2,807,000 after purchasing an additional 4 shares in the last quarter. 57.15% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

Amazon.com stock opened at $122.19 on Wednesday. Amazon.com, Inc. has a 12-month low of $101.26 and a 12-month high of $188.11. The company has a quick ratio of 0.68, a current ratio of 0.95 and a debt-to-equity ratio of 0.44. The business’s 50-day moving average price is $129.77 and its two-hundred day moving average price is $130.45. The stock has a market cap of $1.24 trillion, a PE ratio of 109.54, a P/E/G ratio of 5.51 and a beta of 1.33.

Amazon.com (NASDAQ:AMZNGet Rating) last released its earnings results on Thursday, July 28th. The e-commerce giant reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). Amazon.com had a net margin of 2.39% and a return on equity of 15.79%. The business had revenue of $121.23 billion during the quarter, compared to the consensus estimate of $119.16 billion. During the same quarter in the prior year, the firm earned $0.76 EPS. The business’s revenue was up 7.2% on a year-over-year basis. As a group, analysts expect that Amazon.com, Inc. will post 0.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Cowen raised their price target on shares of Amazon.com from $210.00 to $215.00 and gave the stock an “outperform” rating in a research note on Friday, July 29th. Oppenheimer cut their price objective on Amazon.com from $175.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, July 25th. Jefferies Financial Group cut their price objective on Amazon.com from $163.00 to $150.00 in a report on Wednesday, July 20th. JPMorgan Chase & Co. cut their price objective on Amazon.com from $200.00 to $175.00 and set an “overweight” rating for the company in a report on Wednesday, June 29th. Finally, Itaú Unibanco initiated coverage on Amazon.com in a report on Tuesday, July 26th. They issued an “outperform” rating and a $146.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and thirty-six have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $176.61.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 10,480 shares of Amazon.com stock in a transaction dated Tuesday, August 16th. The stock was sold at an average price of $145.01, for a total value of $1,519,704.80. Following the transaction, the senior vice president now owns 60,260 shares in the company, valued at $8,738,302.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, SVP David Zapolsky sold 10,480 shares of the business’s stock in a transaction dated Tuesday, August 16th. The stock was sold at an average price of $145.01, for a total transaction of $1,519,704.80. Following the sale, the senior vice president now directly owns 60,260 shares in the company, valued at $8,738,302.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Adam Selipsky sold 520 shares of the business’s 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 sale, the chief executive officer now owns 115,680 shares in the company, valued at $14,741,102.40. The disclosure for this sale can be found here. Insiders have sold a total of 70,628 shares of company stock worth $9,802,599 over the last 90 days. Insiders own 12.70% of the company’s stock.

Amazon.com Company Profile

(Get Rating)

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.

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

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