Bath Savings Trust Co reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,917 shares of the e-commerce giant’s stock after selling 102 shares during the quarter. Bath Savings Trust Co’s holdings in Amazon.com were worth $3,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. CI Investments Inc. boosted its holdings in shares of Amazon.com by 0.7% in the third quarter. CI Investments Inc. now owns 56,995 shares of the e-commerce giant’s stock worth $54,792,000 after acquiring an additional 400 shares during the period. Perpetual Ltd bought a new position in shares of Amazon.com in the second quarter worth $25,356,000. R. G. Niederhoffer Capital Management Inc. bought a new position in shares of Amazon.com in the second quarter worth $871,000. Schaper Benz & Wise Investment Counsel Inc. WI boosted its holdings in shares of Amazon.com by 13.7% in the third quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 904 shares of the e-commerce giant’s stock worth $869,000 after acquiring an additional 109 shares during the period. Finally, Bayesian Capital Management LP bought a new position in shares of Amazon.com in the second quarter worth $1,984,000. 60.21% of the stock is owned by institutional investors and hedge funds.
Shares of NASDAQ:AMZN opened at $1,405.23 on Friday. Amazon.com, Inc. has a 1 year low of $884.49 and a 1 year high of $1,617.54. The stock has a market cap of $682,867.06, a P/E ratio of 308.84, a price-to-earnings-growth ratio of 6.20 and a beta of 1.59. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89.
Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.85 by $0.31. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The company had revenue of $60.45 billion for the quarter, compared to the consensus estimate of $59.85 billion. During the same quarter in the previous year, the business earned $1.54 EPS. Amazon.com’s revenue was up 38.2% compared to the same quarter last year. analysts expect that Amazon.com, Inc. will post 8.49 earnings per share for the current fiscal year.
A number of equities analysts have recently commented on AMZN shares. Guggenheim reaffirmed a “buy” rating and issued a $1,400.00 price target on shares of Amazon.com in a report on Thursday, December 14th. JPMorgan Chase reaffirmed an “overweight” rating and issued a $1,375.00 price target (up from $1,220.00) on shares of Amazon.com in a report on Monday, December 18th. JMP Securities reaffirmed an “outperform” rating and issued a $1,350.00 price target (up from $1,240.00) on shares of Amazon.com in a report on Tuesday, December 19th. Citigroup reissued a “buy” rating and set a $1,400.00 price objective (up previously from $1,250.00) on shares of Amazon.com in a research note on Friday, January 5th. Finally, Vetr lowered Amazon.com from a “buy” rating to a “hold” rating and set a $1,277.08 price objective for the company. in a research note on Monday, January 8th. Four equities research analysts have rated the stock with a hold rating, forty-eight have issued a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $1,494.78.
In other Amazon.com news, VP Shelley Reynolds sold 544 shares of Amazon.com stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $1,462.32, for a total transaction of $795,502.08. Following the sale, the vice president now directly owns 6,533 shares of the company’s stock, valued at approximately $9,553,336.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jeffrey A. Wilke sold 500 shares of Amazon.com stock in a transaction that occurred on Wednesday, March 21st. The shares were sold at an average price of $1,577.85, for a total value of $788,925.00. Following the sale, the chief executive officer now directly owns 10,000 shares in the company, valued at $15,778,500. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,214 shares of company stock worth $9,251,120. 17.70% of the stock is owned by company insiders.
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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) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.
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