Signaturefd LLC Has $29.91 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Signaturefd LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 229,426 shares of the e-commerce giant’s stock after purchasing an additional 8,538 shares during the period. Amazon.com makes up 0.8% of Signaturefd LLC’s portfolio, making the stock its 21st biggest position. Signaturefd LLC’s holdings in Amazon.com were worth $29,908,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of AMZN. Kavar Capital Partners Group LLC increased its stake in Amazon.com by 7.6% in the 1st quarter. Kavar Capital Partners Group LLC now owns 1,121 shares of the e-commerce giant’s stock valued at $3,654,000 after buying an additional 79 shares during the period. IFM Investors Pty Ltd increased its stake in shares of Amazon.com by 21.8% in the first quarter. IFM Investors Pty Ltd now owns 72,911 shares of the e-commerce giant’s stock worth $237,686,000 after acquiring an additional 13,060 shares during the last quarter. Ironwood Wealth Management LLC. raised its holdings in shares of Amazon.com by 0.8% during the first quarter. Ironwood Wealth Management LLC. now owns 1,810 shares of the e-commerce giant’s stock worth $5,901,000 after acquiring an additional 15 shares in the last quarter. Markel Corp boosted its position in Amazon.com by 0.6% during the first quarter. Markel Corp now owns 99,068 shares of the e-commerce giant’s stock valued at $322,956,000 after purchasing an additional 550 shares during the last quarter. Finally, Leelyn Smith LLC grew its stake in Amazon.com by 24.8% in the first quarter. Leelyn Smith LLC now owns 2,721 shares of the e-commerce giant’s stock valued at $8,870,000 after purchasing an additional 540 shares in the last quarter. Institutional investors and hedge funds own 57.96% of the company’s stock.

Insider Buying and Selling

In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $138.48, for a total value of $69,240.00. Following the completion of the sale, the chief executive officer now directly owns 106,520 shares of the company’s stock, valued at approximately $14,750,889.60. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $133.98, for a total value of $535,920.00. Following the completion of the transaction, the chief executive officer now directly owns 518,316 shares of the company’s stock, valued at $69,443,977.68. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $138.48, for a total value of $69,240.00. Following the sale, the chief executive officer now directly owns 106,520 shares in the company, valued at approximately $14,750,889.60. The disclosure for this sale can be found here. Insiders sold a total of 182,145 shares of company stock valued at $25,278,008 over the last three months. Company insiders own 12.70% of the company’s stock.

Amazon.com Stock Down 0.4 %

Shares of NASDAQ:AMZN opened at $142.08 on Thursday. The company’s fifty day moving average is $132.91 and its 200-day moving average is $127.70. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.74 and a current ratio of 0.98. The company has a market capitalization of $1.47 trillion, a PE ratio of 73.62, a P/E/G ratio of 1.88 and a beta of 1.17. Amazon.com, Inc. has a 52 week low of $81.43 and a 52 week high of $145.86.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AMZN. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $175.00 price target on shares of Amazon.com in a report on Tuesday, October 17th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $165.00 price objective on shares of Amazon.com in a research note on Tuesday, October 10th. Telsey Advisory Group increased their target price on shares of Amazon.com from $160.00 to $165.00 and gave the stock an “outperform” rating in a research report on Friday, October 27th. Barclays upped their price target on Amazon.com from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Finally, Loop Capital boosted their target price on Amazon.com from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, August 23rd. Two investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. According to MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $168.80.

About Amazon.com

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.