Public Employees Retirement Association of Colorado Trims Position in Amazon.com, Inc. (AMZN)

Public Employees Retirement Association of Colorado lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 315,716 shares of the e-commerce giant’s stock after selling 3,032 shares during the quarter. Amazon.com accounts for 3.5% of Public Employees Retirement Association of Colorado’s portfolio, making the stock its 2nd biggest holding. Public Employees Retirement Association of Colorado owned 0.06% of Amazon.com worth $536,654,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. JJJ Advisors Inc. bought a new stake in Amazon.com during the second quarter valued at about $175,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Amazon.com by 31.1% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 82,285 shares of the e-commerce giant’s stock worth $139,868,000 after acquiring an additional 19,500 shares during the period. Vista Equity Partners Management LLC boosted its stake in shares of Amazon.com by 44.3% in the first quarter. Vista Equity Partners Management LLC now owns 12,827 shares of the e-commerce giant’s stock worth $18,565,000 after acquiring an additional 3,936 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in shares of Amazon.com by 5.5% in the second quarter. Steward Partners Investment Advisory LLC now owns 25,537 shares of the e-commerce giant’s stock worth $43,408,000 after acquiring an additional 1,342 shares during the period. Finally, Buffington Mohr McNeal boosted its stake in shares of Amazon.com by 13.8% in the second quarter. Buffington Mohr McNeal now owns 666 shares of the e-commerce giant’s stock worth $1,132,000 after acquiring an additional 81 shares during the period. Institutional investors own 56.59% of the company’s stock.

In other Amazon.com news, Director Judith A. Mcgrath sold 500 shares of the company’s stock in a transaction that occurred on Thursday, August 16th. The stock was sold at an average price of $1,905.00, for a total transaction of $952,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Patricia Q. Stonesifer sold 1,375 shares of the company’s stock in a transaction that occurred on Friday, November 2nd. The shares were sold at an average price of $1,678.99, for a total value of $2,308,611.25. Following the sale, the director now owns 9,127 shares in the company, valued at $15,324,141.73. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,327 shares of company stock worth $64,744,896. Company insiders own 16.30% of the company’s stock.

Shares of AMZN stock opened at $1,712.43 on Friday. Amazon.com, Inc. has a 1 year low of $1,121.63 and a 1 year high of $2,050.50. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 0.63. The company has a market cap of $858.38 billion, a price-to-earnings ratio of 108.03, a P/E/G ratio of 3.36 and a beta of 1.70.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.29 by $2.46. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. The business had revenue of $56.58 billion for the quarter, compared to the consensus estimate of $57.05 billion. On average, equities research analysts anticipate that Amazon.com, Inc. will post 19.37 earnings per share for the current fiscal year.

AMZN has been the subject of a number of recent analyst reports. Cowen upped their price objective on Amazon.com from $2,000.00 to $2,100.00 and gave the stock an “outperform” rating in a research note on Friday, July 13th. Barclays upped their price objective on Amazon.com from $1,700.00 to $1,850.00 and gave the stock an “overweight” rating in a research note on Friday, July 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Monday, July 16th. Credit Suisse Group reaffirmed a “buy” rating and issued a $2,000.00 price objective (up previously from $1,950.00) on shares of Amazon.com in a research note on Monday, July 16th. Finally, Morgan Stanley reaffirmed a “buy” rating on shares of Amazon.com in a research note on Tuesday, July 17th. Four investment analysts have rated the stock with a hold rating and forty-seven have assigned a buy rating to the stock. Amazon.com presently has a consensus rating of “Buy” and a consensus price target of $2,091.53.

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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.

Read More: Earnings Per Share (EPS) Explained

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

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