Autus Asset Management LLC Buys 149 Shares of Amazon.com (AMZN)

Autus Asset Management LLC increased its stake in shares of Amazon.com (NASDAQ:AMZN) by 5.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,735 shares of the e-commerce giant’s stock after purchasing an additional 149 shares during the quarter. Autus Asset Management LLC’s holdings in Amazon.com were worth $3,199,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Whitnell & Co. boosted its stake in Amazon.com by 581.3% in the 3rd quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock worth $105,000 after buying an additional 93 shares during the last quarter. Vestor Capital LLC boosted its stake in Amazon.com by 10.1% in the 2nd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after buying an additional 10 shares during the last quarter. Portfolio Solutions LLC acquired a new stake in Amazon.com in the 4th quarter worth about $119,000. Endurance Wealth Management Inc. boosted its stake in Amazon.com by 90.9% in the 4th quarter. Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant’s stock worth $123,000 after buying an additional 50 shares during the last quarter. Finally, Oak Point Wealth Management acquired a new stake in Amazon.com in the 4th quarter worth about $125,000. Hedge funds and other institutional investors own 60.24% of the company’s stock.

In other news, CEO Jeffrey A. Wilke sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,454.37, for a total value of $2,908,740.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 544 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $1,462.32, for a total value of $795,502.08. Following the completion of the sale, the vice president now owns 6,533 shares of the company’s stock, valued at $9,553,336.56. The disclosure for this sale can be found here. Insiders have sold a total of 6,214 shares of company stock worth $9,251,120 over the last 90 days. 17.70% of the stock is owned by company insiders.

AMZN stock opened at $1,517.96 on Friday. 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 has a 52-week low of $912.11 and a 52-week high of $1,617.54. The company has a market cap of $708,099.50, a price-to-earnings ratio of 333.62, a price-to-earnings-growth ratio of 6.30 and a beta of 1.59.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Wednesday, April 25th. The e-commerce giant reported $3.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $1.47. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The company had revenue of $51.04 billion for the quarter, compared to the consensus estimate of $49.94 billion. During the same period in the previous year, the business earned $1.48 EPS. Amazon.com’s revenue for the quarter was up 42.9% compared to the same quarter last year. equities analysts forecast that Amazon.com will post 8.65 EPS for the current fiscal year.

A number of analysts have issued reports on AMZN shares. Vetr lowered Amazon.com from a “hold” rating to a “sell” rating and set a $1,346.44 price target on the stock. in a research note on Monday, January 29th. BidaskClub lowered Amazon.com from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 30th. Goldman Sachs reaffirmed a “conviction-buy” rating on shares of Amazon.com in a research note on Friday, February 2nd. UBS lifted their price objective on Amazon.com to $1,760.00 and gave the company a “buy” rating in a research note on Friday, March 9th. They noted that the move was a valuation call. Finally, Citigroup reaffirmed a “buy” rating and issued a $1,400.00 price objective (up from $1,250.00) on shares of Amazon.com in a research note on Friday, January 5th. Three analysts have rated the stock with a hold rating, fifty have given a buy rating and one has given a strong buy rating to the company. Amazon.com has an average rating of “Buy” and an average target price of $1,507.08.

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

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