Amazon.com, Inc. (NASDAQ:AMZN) Holdings Raised by RB Capital Management LLC

RB Capital Management LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 7.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,672 shares of the e-commerce giant’s stock after buying an additional 116 shares during the quarter. Amazon.com makes up about 1.7% of RB Capital Management LLC’s holdings, making the stock its 12th biggest position. RB Capital Management LLC’s holdings in Amazon.com were worth $5,451,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its holdings in shares of Amazon.com by 2.0% during the 4th quarter. International Assets Investment Management LLC now owns 5,382 shares of the e-commerce giant’s stock valued at $17,945,000 after purchasing an additional 105 shares in the last quarter. Nicolet Bankshares Inc. raised its holdings in shares of Amazon.com by 7.0% during the 4th quarter. Nicolet Bankshares Inc. now owns 1,430 shares of the e-commerce giant’s stock valued at $4,768,000 after purchasing an additional 93 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Amazon.com during the 4th quarter valued at $27,865,000. Saltoro Capital LP raised its holdings in shares of Amazon.com by 130.0% during the 4th quarter. Saltoro Capital LP now owns 180 shares of the e-commerce giant’s stock valued at $600,000 after purchasing an additional 780 shares in the last quarter. Finally, Chartist Inc. CA raised its holdings in shares of Amazon.com by 10.1% during the 4th quarter. Chartist Inc. CA now owns 317 shares of the e-commerce giant’s stock valued at $1,057,000 after purchasing an additional 29 shares in the last quarter. Hedge funds and other institutional investors own 57.15% of the company’s stock.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 3,480 shares of the company’s stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $134.23, for a total transaction of $467,120.40. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at $16,078,069.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Douglas J. Herrington sold 7,448 shares of the company’s stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $134.25, for a total transaction of $999,894.00. Following the transaction, the chief executive officer now directly owns 498,572 shares in the company, valued at $66,933,291. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 3,480 shares of the company’s stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $134.23, for a total transaction of $467,120.40. Following the transaction, the vice president now owns 119,780 shares in the company, valued at $16,078,069.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 70,108 shares of company stock worth $9,736,335. Corporate insiders own 12.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on AMZN shares. Stifel Nicolaus cut their price target on shares of Amazon.com from $190.00 to $185.00 in a report on Friday, July 15th. Citigroup raised their price target on shares of Amazon.com to $185.00 in a report on Tuesday, August 9th. Itaú Unibanco started coverage on shares of Amazon.com in a report on Tuesday, July 26th. They issued an “outperform” rating and a $146.00 target price on the stock. DA Davidson reiterated a “buy” rating and issued a $151.00 target price on shares of Amazon.com in a report on Friday, August 5th. Finally, Barclays lifted their target price on shares of Amazon.com from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, July 29th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and thirty-seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $177.99.

Amazon.com Trading Down 0.2 %

Shares of AMZN stock opened at $127.51 on Monday. Amazon.com, Inc. has a 12-month low of $101.26 and a 12-month high of $188.11. The company has a market capitalization of $1.30 trillion, a P/E ratio of 114.31, a P/E/G ratio of 5.83 and a beta of 1.33. The firm has a 50-day moving average price of $125.52 and a 200 day moving average price of $132.89. The company has a quick ratio of 0.68, a current ratio of 0.95 and a debt-to-equity ratio of 0.44.

Amazon.com (NASDAQ:AMZNGet Rating) last announced its quarterly earnings results on Thursday, July 28th. The e-commerce giant reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.35). Amazon.com had a net margin of 2.39% and a return on equity of 15.79%. The firm had revenue of $121.23 billion for the quarter, compared to the consensus estimate of $119.16 billion. During the same period in the prior year, the business earned $0.76 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Research analysts forecast that Amazon.com, Inc. will post 0.98 earnings per share for the current fiscal year.

About Amazon.com

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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). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

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

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