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, 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.
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com (NASDAQ:AMZN).
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.