Talisman Wealth Advisors LLC acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,764 shares of the e-commerce giant’s stock, valued at approximately $389,000.
Several other institutional investors have also added to or reduced their stakes in the stock. St. James Investment Advisors LLC increased its holdings in shares of Amazon.com by 97.7% during the fourth quarter. St. James Investment Advisors LLC now owns 344 shares of the e-commerce giant’s stock valued at $29,000 after acquiring an additional 170 shares in the last quarter. Laurel Wealth Planning LLC grew its stake in shares of Amazon.com by 1,900.0% during the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 304 shares during the period. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of Amazon.com during the 4th quarter valued at approximately $37,000. Swaine & Leidel Wealth Services LLC purchased a new stake in shares of Amazon.com in the first quarter worth about $38,000. Finally, Ruedi Wealth Management Inc. bought a new position in Amazon.com in the 4th quarter worth about $40,000. 57.96% of the stock is currently owned by institutional investors.
Insider Activity at Amazon.com
In other Amazon.com news, major shareholder Amazon Com Inc sold 1,177,000 shares of the stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $19.50, for a total transaction of $22,951,500.00. Following the completion of the transaction, the insider now directly owns 12,741,445 shares in the company, valued at $248,458,177.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of the firm’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $139.48, for a total transaction of $557,920.00. Following the transaction, the chief executive officer now owns 526,316 shares in the company, valued at $73,410,555.68. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Amazon Com Inc sold 1,177,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $19.50, for a total value of $22,951,500.00. Following the sale, the insider now directly owns 12,741,445 shares in the company, valued at approximately $248,458,177.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,365,829 shares of company stock worth $49,002,857. 12.70% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Amazon.com Trading Down 1.4 %
NASDAQ:AMZN opened at $135.36 on Thursday. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $143.63. The firm has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 106.58, a price-to-earnings-growth ratio of 1.83 and a beta of 1.24. The company has a quick ratio of 0.70, a current ratio of 0.95 and a debt-to-equity ratio of 0.37. The stock has a fifty day simple moving average of $133.41 and a 200 day simple moving average of $116.96.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, August 3rd. The e-commerce giant reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.29. Amazon.com had a return on equity of 9.14% and a net margin of 2.43%. The firm had revenue of $134.38 billion during the quarter, compared to analysts’ expectations of $131.54 billion. Sell-side analysts forecast that Amazon.com, Inc. will post 2.23 earnings per share for the current year.
Amazon.com Company Profile
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.
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