Fulton Bank N.A. raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,144 shares of the e-commerce giant’s stock after acquiring an additional 75 shares during the quarter. Fulton Bank N.A.’s holdings in Amazon.com were worth $4,846,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Amazon.com by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant’s stock valued at $26,003,758,000 after purchasing an additional 764,115 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Amazon.com by 2.4% during the 2nd quarter. BlackRock Inc. now owns 23,925,821 shares of the e-commerce giant’s stock valued at $23,160,193,000 after purchasing an additional 554,990 shares in the last quarter. Capital Research Global Investors boosted its stake in shares of Amazon.com by 0.4% during the 2nd quarter. Capital Research Global Investors now owns 10,711,772 shares of the e-commerce giant’s stock valued at $10,368,995,000 after purchasing an additional 40,068 shares in the last quarter. TIAA CREF Investment Management LLC boosted its stake in shares of Amazon.com by 1.7% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 2,828,302 shares of the e-commerce giant’s stock valued at $2,737,796,000 after purchasing an additional 46,800 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Amazon.com by 2.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,071,370 shares of the e-commerce giant’s stock valued at $2,005,838,000 after purchasing an additional 53,792 shares in the last quarter. Hedge funds and other institutional investors own 60.22% of the company’s stock.
In other Amazon.com news, CEO Jeffrey A. Wilke sold 250 shares of the company’s stock in a transaction that occurred on Thursday, March 8th. The shares were sold at an average price of $1,549.90, for a total transaction of $387,475.00. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $15,499,000. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Shelley Reynolds sold 544 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $1,462.32, for a total transaction of $795,502.08. Following the sale, the vice president now directly owns 6,533 shares of the company’s stock, valued at $9,553,336.56. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,714 shares of company stock valued at $8,462,195. 17.00% of the stock is owned by corporate insiders.
Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,588.18 on Wednesday. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89. Amazon.com, Inc. has a twelve month low of $833.50 and a twelve month high of $1,617.54. The firm has a market cap of $773,792.13, a P/E ratio of 350.52, a PEG ratio of 7.03 and a beta of 1.54.
Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.31. Amazon.com had a net margin of 1.71% and a return on equity of 9.23%. The firm had revenue of $60.45 billion during the quarter, compared to analysts’ expectations of $59.85 billion. During the same period in the previous year, the company earned $1.54 earnings per share. The firm’s quarterly revenue was up 38.2% on a year-over-year basis. analysts anticipate that Amazon.com, Inc. will post 8.49 EPS for the current fiscal year.
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Amazon.com Company Profile
Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.
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