Amazon.com, Inc. (NASDAQ:AMZN) Position Lifted by DDD Partners LLC

DDD Partners LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2,893.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 212,656 shares of the e-commerce giant’s stock after purchasing an additional 205,553 shares during the period. Amazon.com accounts for about 3.9% of DDD Partners LLC’s portfolio, making the stock its 6th largest position. DDD Partners LLC’s holdings in Amazon.com were worth $22,586,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AMZN. Kavar Capital Partners Group LLC increased its position in Amazon.com by 7.6% during the 1st quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock valued at $3,654,000 after purchasing an additional 79 shares during the period. IFM Investors Pty Ltd increased its position in Amazon.com by 21.8% during the 1st quarter. IFM Investors Pty Ltd now owns 72,911 shares of the e-commerce giant’s stock valued at $237,686,000 after purchasing an additional 13,060 shares during the period. LexAurum Advisors LLC boosted its holdings in shares of Amazon.com by 10.7% in the 1st quarter. LexAurum Advisors LLC now owns 827 shares of the e-commerce giant’s stock valued at $2,696,000 after buying an additional 80 shares in the last quarter. Ironwood Wealth Management LLC. boosted its holdings in shares of Amazon.com by 0.8% in the 1st quarter. Ironwood Wealth Management LLC. now owns 1,810 shares of the e-commerce giant’s stock valued at $5,901,000 after buying an additional 15 shares in the last quarter. Finally, Redmond Asset Management LLC boosted its holdings in shares of Amazon.com by 2.9% in the 1st quarter. Redmond Asset Management LLC now owns 1,836 shares of the e-commerce giant’s stock valued at $5,985,000 after buying an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 57.15% of the company’s stock.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 520 shares of the business’s stock in a transaction on Thursday, September 29th. The shares were sold at an average price of $114.61, for a total value of $59,597.20. Following the completion of the sale, the chief executive officer now owns 114,660 shares of the company’s stock, valued at approximately $13,141,182.60. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CEO Adam Selipsky sold 520 shares of the business’s stock in a transaction on Thursday, September 29th. The shares were sold at an average price of $114.61, for a total value of $59,597.20. Following the completion of the sale, the chief executive officer now owns 114,660 shares of the company’s stock, valued at approximately $13,141,182.60. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Amazon Com Inc sold 250,000 shares of Amazon.com stock in a transaction on Friday, October 7th. The stock was sold at an average price of $23.61, for a total transaction of $5,902,500.00. Following the sale, the insider now directly owns 14,178,445 shares in the company, valued at approximately $334,753,086.45. The disclosure for this sale can be found here. In the last quarter, insiders sold 269,412 shares of company stock valued at $7,914,139. 12.70% of the stock is owned by corporate insiders.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $92.46 on Tuesday. The firm has a market cap of $943.24 billion, a PE ratio of 84.86, a PEG ratio of 6.29 and a beta of 1.23. The firm has a fifty day moving average of $109.80 and a 200 day moving average of $116.91. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.68 and a current ratio of 0.94. Amazon.com, Inc. has a one year low of $85.87 and a one year high of $185.67.

Amazon.com (NASDAQ:AMZNGet Rating) last issued its quarterly earnings results on Thursday, October 27th. The e-commerce giant reported $0.28 EPS for the quarter, topping the consensus estimate of $0.22 by $0.06. The company had revenue of $127.10 billion during the quarter, compared to analyst estimates of $127.47 billion. Amazon.com had a net margin of 2.25% and a return on equity of 14.44%. The firm’s revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.31 EPS. As a group, research analysts predict that Amazon.com, Inc. will post 0.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AMZN. Citigroup lowered their price target on shares of Amazon.com from $185.00 to $145.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Mizuho lowered their price target on shares of Amazon.com from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Amazon.com from $150.00 to $130.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Itaú Unibanco began coverage on shares of Amazon.com in a report on Tuesday, July 26th. They issued an “outperform” rating and a $146.00 price target on the stock. Finally, Wolfe Research lowered their price target on shares of Amazon.com from $150.00 to $130.00 and set an “outperform” rating on the stock in a report on Friday, October 28th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and forty-two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $150.89.

About Amazon.com

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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.

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

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