1,225 Shares in Amazon.com, Inc. (AMZN) Purchased by Clinton Group Inc.

Clinton Group Inc. bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,225 shares of the e-commerce giant’s stock, valued at approximately $2,082,000.

Several other hedge funds have also modified their holdings of AMZN. Private Trust Co. NA increased its stake in Amazon.com by 0.7% during the 2nd quarter. Private Trust Co. NA now owns 4,504 shares of the e-commerce giant’s stock worth $7,655,000 after buying an additional 31 shares during the period. Palladium Partners LLC increased its stake in Amazon.com by 6.9% during the 1st quarter. Palladium Partners LLC now owns 493 shares of the e-commerce giant’s stock worth $714,000 after buying an additional 32 shares during the period. Cim Investment Mangement Inc. increased its stake in Amazon.com by 2.1% during the 1st quarter. Cim Investment Mangement Inc. now owns 1,608 shares of the e-commerce giant’s stock worth $2,327,000 after buying an additional 33 shares during the period. Newman Dignan & Sheerar Inc. increased its stake in Amazon.com by 13.3% during the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 282 shares of the e-commerce giant’s stock worth $479,000 after buying an additional 33 shares during the period. Finally, American Economic Planning Group Inc. ADV increased its stake in Amazon.com by 5.0% during the 1st quarter. American Economic Planning Group Inc. ADV now owns 720 shares of the e-commerce giant’s stock worth $1,042,000 after buying an additional 34 shares during the period. 57.41% of the stock is currently owned by institutional investors and hedge funds.

In other news, CEO Jeffrey A. Wilke sold 2,000 shares of Amazon.com stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $2,004.25, for a total value of $4,008,500.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $20,042,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas O. Ryder sold 5,000 shares of Amazon.com stock in a transaction dated Wednesday, August 1st. The shares were sold at an average price of $1,783.81, for a total transaction of $8,919,050.00. Following the completion of the transaction, the director now directly owns 10,752 shares of the company’s stock, valued at $19,179,525.12. The disclosure for this sale can be found here. Insiders sold a total of 23,308 shares of company stock valued at $43,942,058 over the last ninety days. Company insiders own 16.30% of the company’s stock.

NASDAQ AMZN opened at $1,989.87 on Friday. Amazon.com, Inc. has a one year low of $931.75 and a one year high of $2,050.50. The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $969.21 billion, a PE ratio of 437.33, a price-to-earnings-growth ratio of 4.14 and a beta of 1.60.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 26th. The e-commerce giant reported $5.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.49 by $2.58. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. The business had revenue of $52.89 billion during the quarter, compared to analyst estimates of $53.37 billion. During the same period in the previous year, the business posted $0.40 EPS. The company’s quarterly revenue was up 39.3% on a year-over-year basis. equities analysts forecast that Amazon.com, Inc. will post 17.77 EPS for the current year.

Several research firms recently issued reports on AMZN. DA Davidson lifted their price target on shares of Amazon.com from $2,200.00 to $2,450.00 and gave the stock a “buy” rating in a research note on Wednesday, September 5th. Wells Fargo & Co reaffirmed a “buy” rating and set a $2,110.00 price target on shares of Amazon.com in a research note on Tuesday, September 4th. Robert W. Baird reaffirmed a “buy” rating on shares of Amazon.com in a research note on Monday, September 3rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, August 30th. Finally, ValuEngine raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Thursday. One analyst has rated the stock with a hold rating and fifty-one have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $1,976.73.

Amazon.com Profile

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) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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

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