Hudock Inc. Has $1.78 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Hudock Inc. lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 541 shares of the e-commerce giant’s stock after purchasing an additional 10 shares during the period. Hudock Inc.’s holdings in Amazon.com were worth $1,778,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the stock. Vantage Financial Partners Ltd. Inc. raised its holdings in Amazon.com by 5.6% during the 3rd quarter. Vantage Financial Partners Ltd. Inc. now owns 756 shares of the e-commerce giant’s stock worth $2,483,000 after purchasing an additional 40 shares during the last quarter. Summit Asset Management LLC raised its stake in Amazon.com by 19.4% during the third quarter. Summit Asset Management LLC now owns 929 shares of the e-commerce giant’s stock worth $3,052,000 after buying an additional 151 shares during the last quarter. Fairview Capital Investment Management LLC lifted its holdings in Amazon.com by 35.3% in the second quarter. Fairview Capital Investment Management LLC now owns 2,501 shares of the e-commerce giant’s stock valued at $8,603,000 after buying an additional 652 shares during the period. Tsfg LLC boosted its position in Amazon.com by 2.6% during the third quarter. Tsfg LLC now owns 2,721 shares of the e-commerce giant’s stock valued at $8,937,000 after acquiring an additional 68 shares during the last quarter. Finally, Monterey Private Wealth Inc. boosted its position in Amazon.com by 12.0% during the second quarter. Monterey Private Wealth Inc. now owns 428 shares of the e-commerce giant’s stock valued at $1,472,000 after acquiring an additional 46 shares during the last quarter. 56.96% of the stock is currently owned by institutional investors.

In other Amazon.com news, insider Jeffrey P. Bezos sold 50,034 shares of the firm’s stock in a transaction dated Tuesday, November 2nd. The stock was sold at an average price of $3,319.45, for a total transaction of $166,085,361.30. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey P. Bezos sold 32,700 shares of Amazon.com stock in a transaction dated Thursday, November 4th. The stock was sold at an average price of $3,485.57, for a total value of $113,978,139.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 86,314 shares of company stock valued at $292,824,570. 14.00% of the stock is currently owned by company insiders.

AMZN has been the topic of a number of recent analyst reports. BMO Capital Markets reissued a “buy” rating and issued a $4,100.00 price objective on shares of Amazon.com in a research note on Sunday, October 31st. Tigress Financial increased their price target on Amazon.com from $4,370.00 to $4,460.00 and gave the stock a “buy” rating in a report on Wednesday, November 10th. Credit Suisse Group reduced their price objective on shares of Amazon.com from $4,200.00 to $4,100.00 and set an “outperform” rating for the company in a research report on Friday, October 29th. Wedbush dropped their target price on shares of Amazon.com from $4,300.00 to $3,950.00 and set an “outperform” rating on the stock in a research report on Friday, October 29th. Finally, Raymond James reduced their price target on shares of Amazon.com from $3,900.00 to $3,840.00 and set an “outperform” rating for the company in a report on Friday, October 29th. Forty investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average price target of $4,201.88.

NASDAQ:AMZN opened at $3,242.76 on Friday. The firm has a market capitalization of $1.64 trillion, a price-to-earnings ratio of 63.43, a P/E/G ratio of 2.62 and a beta of 1.10. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.87 and a current ratio of 1.12. The stock has a fifty day moving average of $3,438.21 and a 200 day moving average of $3,427.83. Amazon.com, Inc. has a 52-week low of $2,881.00 and a 52-week high of $3,773.08.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Wednesday, October 27th. The e-commerce giant reported $6.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $9.10 by ($2.98). The business had revenue of $110.81 billion for the quarter, compared to the consensus estimate of $111.66 billion. Amazon.com had a net margin of 5.73% and a return on equity of 24.31%. The business’s revenue was up 15.3% compared to the same quarter last year. During the same quarter last year, the business posted $12.37 EPS. Equities analysts forecast that Amazon.com, Inc. will post 40.79 earnings per share for the current fiscal year.

About Amazon.com

Amazon.com, Inc engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca.

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

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