Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Vigilant Capital Management LLC

Vigilant Capital Management LLC lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 284,533 shares of the e-commerce giant’s stock after acquiring an additional 12,682 shares during the period. Amazon.com accounts for approximately 3.0% of Vigilant Capital Management LLC’s holdings, making the stock its 9th biggest position. Vigilant Capital Management LLC’s holdings in Amazon.com were worth $32,152,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Savior LLC lifted its stake in shares of Amazon.com by 1,085.0% in the 2nd quarter. Savior LLC now owns 237 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 217 shares during the period. Rocky Mountain Advisers LLC lifted its stake in Amazon.com by 1,311.8% during the second quarter. Rocky Mountain Advisers LLC now owns 240 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 223 shares during the last quarter. Iron Horse Wealth Management LLC lifted its stake in Amazon.com by 4,540.0% during the second quarter. Iron Horse Wealth Management LLC now owns 232 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 227 shares during the last quarter. Wells Financial Advisors INC lifted its stake in Amazon.com by 1,900.0% during the second quarter. Wells Financial Advisors INC now owns 280 shares of the e-commerce giant’s stock valued at $30,000 after purchasing an additional 266 shares during the last quarter. Finally, Maryland Capital Advisors Inc. lifted its stake in Amazon.com by 1,900.0% during the second quarter. Maryland Capital Advisors Inc. now owns 300 shares of the e-commerce giant’s stock valued at $32,000 after purchasing an additional 285 shares during the last quarter. 57.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Robert W. Baird cut their target price on shares of Amazon.com from $150.00 to $130.00 and set an “outperform” rating for the company in a research note on Friday, October 28th. Evercore ISI cut their target price on shares of Amazon.com from $170.00 to $150.00 and set an “outperform” rating for the company in a research note on Monday, December 19th. Morgan Stanley cut their price target on shares of Amazon.com from $175.00 to $140.00 and set an “overweight” rating on the stock in a report on Friday, October 28th. Benchmark cut their price target on shares of Amazon.com from $160.00 to $125.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Finally, Citigroup cut their price target on shares of Amazon.com from $185.00 to $145.00 and set a “buy” rating on the stock in a report on Friday, October 28th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and forty-two have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $145.87.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $95.46 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.94 and a quick ratio of 0.68. Amazon.com, Inc. has a fifty-two week low of $81.43 and a fifty-two week high of $170.83. The firm has a fifty day moving average price of $90.67 and a two-hundred day moving average price of $110.59. The company has a market cap of $973.85 billion, a PE ratio of 87.62, a price-to-earnings-growth ratio of 3.09 and a beta of 1.22.

Amazon.com (NASDAQ:AMZNGet Rating) last issued its quarterly earnings results on Thursday, October 27th. The e-commerce giant reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). Amazon.com had a net margin of 2.25% and a return on equity of 14.44%. The company had revenue of $127.10 billion during the quarter, compared to the consensus estimate of $127.47 billion. During the same period last year, the company earned $0.31 earnings per share. Amazon.com’s revenue for the quarter was up 14.7% on a year-over-year basis. Analysts expect that Amazon.com, Inc. will post 0.68 EPS for the current year.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 3,500 shares of the firm’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $94.00, for a total transaction of $329,000.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $11,259,320. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, SVP David Zapolsky sold 8,380 shares of the stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $94.00, for a total transaction of $787,720.00. Following the completion of the sale, the senior vice president now owns 76,980 shares in the company, valued at approximately $7,236,120. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Shelley Reynolds sold 3,500 shares of the stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $94.00, for a total transaction of $329,000.00. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $11,259,320. The disclosure for this sale can be found here. In the last three months, insiders sold 52,428 shares of company stock valued at $5,077,578. Company insiders own 12.70% of the company’s stock.

Amazon.com Company Profile

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Amazon.com, Inc is a multinational technology company, which 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 American-focused websites such as www.amazon.com and www.amazon.ca.

Further Reading

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

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