Amazon.com, Inc. (AMZN) Shares Bought by Nvwm LLC

Nvwm LLC increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,559 shares of the e-commerce giant’s stock after acquiring an additional 31 shares during the quarter. Amazon.com makes up 3.0% of Nvwm LLC’s portfolio, making the stock its 3rd biggest position. Nvwm LLC’s holdings in Amazon.com were worth $4,350,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in AMZN. BKD Wealth Advisors LLC grew its holdings in shares of Amazon.com by 3.1% during the second quarter. BKD Wealth Advisors LLC now owns 943 shares of the e-commerce giant’s stock valued at $1,603,000 after purchasing an additional 28 shares during the last quarter. SignalPoint Asset Management LLC grew its holdings in shares of Amazon.com by 2.0% during the second quarter. SignalPoint Asset Management LLC now owns 1,453 shares of the e-commerce giant’s stock valued at $2,470,000 after purchasing an additional 29 shares during the last quarter. Granite Springs Asset Management LLC grew its holdings in shares of Amazon.com by 6.1% during the second quarter. Granite Springs Asset Management LLC now owns 518 shares of the e-commerce giant’s stock valued at $880,000 after purchasing an additional 30 shares during the last quarter. Cornerstone Advisors Inc. grew its holdings in shares of Amazon.com by 3.9% during the second quarter. Cornerstone Advisors Inc. now owns 802 shares of the e-commerce giant’s stock valued at $1,363,000 after purchasing an additional 30 shares during the last quarter. Finally, Private Trust Co. NA grew its holdings in shares of Amazon.com by 0.7% during the second quarter. Private Trust Co. NA now owns 4,504 shares of the e-commerce giant’s stock valued at $7,655,000 after purchasing an additional 31 shares during the last quarter. Institutional investors and hedge funds own 56.73% of the company’s stock.

Several research firms have recently commented on AMZN. William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a report on Monday, October 29th. BidaskClub lowered Amazon.com from a “hold” rating to a “sell” rating in a report on Wednesday. JMP Securities reaffirmed a “buy” rating on shares of Amazon.com in a report on Tuesday, October 30th. Aegis upped their target price on Amazon.com from $2,063.00 to $2,225.00 and gave the company a “buy” rating in a report on Tuesday, October 30th. Finally, Oppenheimer reaffirmed a “buy” rating and set a $2,020.00 target price (down from $2,130.00) on shares of Amazon.com in a report on Monday, October 29th. One analyst has rated the stock with a sell rating, three have given a hold rating and forty-seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $2,091.53.

AMZN opened at $1,665.53 on Friday. The company has a market capitalization of $814.39 billion, a price-to-earnings ratio of 102.49, a PEG ratio of 3.21 and a beta of 1.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.08 and a quick ratio of 0.80. Amazon.com, Inc. has a 1-year low of $1,088.52 and a 1-year high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts’ consensus estimates of $3.29 by $2.46. The firm had revenue of $56.58 billion during the quarter, compared to the consensus estimate of $57.05 billion. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. On average, analysts predict that Amazon.com, Inc. will post 19.24 EPS for the current fiscal year.

In other Amazon.com news, SVP David Zapolsky sold 1,927 shares of the company’s stock in a transaction that occurred on Wednesday, August 15th. The stock was sold at an average price of $1,899.96, for a total value of $3,661,222.92. Following the completion of the sale, the senior vice president now directly owns 3,161 shares in the company, valued at $6,005,773.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeffrey P. Bezos sold 16,964 shares of the company’s stock in a transaction that occurred on Monday, October 29th. The stock was sold at an average price of $1,632.23, for a total value of $27,689,149.72. Following the completion of the sale, the chief executive officer now owns 78,884,539 shares of the company’s stock, valued at $128,757,711,091.97. The disclosure for this sale can be found here. Insiders sold 37,272 shares of company stock valued at $66,675,598 over the last 90 days. 16.30% of the stock is currently owned by insiders.

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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