Windward Capital Management Co. CA Has $45.82 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Windward Capital Management Co. CA boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1,911.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 431,377 shares of the e-commerce giant’s stock after purchasing an additional 409,934 shares during the quarter. Amazon.com comprises approximately 4.9% of Windward Capital Management Co. CA’s holdings, making the stock its 2nd largest position. Windward Capital Management Co. CA’s holdings in Amazon.com were worth $45,817,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Gibson Wealth Advisors LLC bought a new stake in Amazon.com during the 4th quarter valued at approximately $33,000. MBM Wealth Consultants LLC lifted its position in shares of Amazon.com by 57.1% in the 4th quarter. MBM Wealth Consultants LLC now owns 11 shares of the e-commerce giant’s stock worth $37,000 after acquiring an additional 4 shares during the period. William Allan LLC bought a new stake in shares of Amazon.com in the 4th quarter worth approximately $47,000. Cardinal Capital Management Inc. bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $49,000. Finally, Security Financial Services INC. bought a new stake in shares of Amazon.com in the 4th quarter worth approximately $57,000. Institutional investors own 57.15% of the company’s stock.

Amazon.com Stock Down 2.0 %

NASDAQ AMZN opened at $122.19 on Wednesday. The stock has a fifty day moving average of $129.77 and a 200-day moving average of $130.45. The stock has a market capitalization of $1.24 trillion, a P/E ratio of 109.54, a price-to-earnings-growth ratio of 5.51 and a beta of 1.33. Amazon.com, Inc. has a 52 week low of $101.26 and a 52 week high of $188.11. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.68 and a current ratio of 0.95.

Amazon.com (NASDAQ:AMZNGet Rating) last posted 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 return on equity of 15.79% and a net margin of 2.39%. The company had revenue of $121.23 billion during the quarter, compared to the consensus estimate of $119.16 billion. During the same quarter in the prior year, the business earned $0.76 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities research analysts forecast that Amazon.com, Inc. will post 0.99 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMZN. Jefferies Financial Group reduced their price objective on Amazon.com from $163.00 to $150.00 in a research report on Wednesday, July 20th. UBS Group raised their price objective on Amazon.com from $167.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, July 29th. Rosenblatt Securities raised their price objective on Amazon.com to $118.00 and gave the stock a “neutral” rating in a research report on Friday, July 29th. Redburn Partners began coverage on Amazon.com in a research report on Wednesday, June 29th. They set a “buy” rating and a $270.00 target price for the company. Finally, Tigress Financial restated a “buy” rating and set a $232.00 target price on shares of Amazon.com in a research report on Wednesday, June 29th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and thirty-six have issued a buy rating to the stock. Based on data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $176.61.

Insider Transactions at Amazon.com

In other news, CEO Adam Selipsky sold 520 shares of the firm’s stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of $127.43, for a total value of $66,263.60. Following the transaction, the chief executive officer now directly owns 115,680 shares in the company, valued at approximately $14,741,102.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Adam Selipsky sold 520 shares of the firm’s stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of $127.43, for a total value of $66,263.60. Following the transaction, the chief executive officer now directly owns 115,680 shares in the company, valued at approximately $14,741,102.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 23,620 shares of Amazon.com stock in a transaction dated Monday, August 15th. The stock was sold at an average price of $142.29, for a total value of $3,360,889.80. Following the transaction, the chief executive officer now owns 1,892,000 shares in the company, valued at $269,212,680. The disclosure for this sale can be found here. Insiders have sold 70,628 shares of company stock worth $9,802,599 in the last three months. Insiders own 12.70% of the company’s stock.

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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