Waldron Private Wealth LLC Has $7.01 Million Position in Amazon.com, Inc. (AMZN)

Waldron Private Wealth LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,499 shares of the e-commerce giant’s stock after buying an additional 195 shares during the quarter. Amazon.com comprises 1.4% of Waldron Private Wealth LLC’s holdings, making the stock its 12th largest position. Waldron Private Wealth LLC’s holdings in Amazon.com were worth $7,008,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Marcus Capital LLC increased its stake in Amazon.com by 2.4% during the second quarter. Marcus Capital LLC now owns 1,171 shares of the e-commerce giant’s stock worth $1,990,000 after acquiring an additional 27 shares during the last quarter. Winthrop Advisory Group LLC increased its stake in Amazon.com by 3.8% during the second quarter. Winthrop Advisory Group LLC now owns 744 shares of the e-commerce giant’s stock worth $1,265,000 after acquiring an additional 27 shares during the last quarter. AMI Investment Management Inc. increased its stake in Amazon.com by 17.6% during the second quarter. AMI Investment Management Inc. now owns 180 shares of the e-commerce giant’s stock worth $306,000 after acquiring an additional 27 shares during the last quarter. Park National Corp OH increased its stake in Amazon.com by 2.8% during the third quarter. Park National Corp OH now owns 1,042 shares of the e-commerce giant’s stock worth $2,088,000 after acquiring an additional 28 shares during the last quarter. Finally, Beacon Financial Group increased its stake in Amazon.com by 6.1% during the third quarter. Beacon Financial Group now owns 490 shares of the e-commerce giant’s stock worth $981,000 after acquiring an additional 28 shares during the last quarter. Hedge funds and other institutional investors own 55.22% of the company’s stock.

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Co reaffirmed a “buy” rating and issued a $2,100.00 price objective on shares of Amazon.com in a research note on Monday, December 3rd. Nomura reaffirmed a “buy” rating on shares of Amazon.com in a research note on Tuesday, December 4th. Barclays reaffirmed a “buy” rating on shares of Amazon.com in a research note on Tuesday, December 4th. Guggenheim reaffirmed a “buy” rating and issued a $2,000.00 price objective on shares of Amazon.com in a research note on Thursday, January 31st. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a research note on Friday, February 1st. Five research analysts have rated the stock with a hold rating and forty-three have issued a buy rating to the company’s stock. Amazon.com presently has an average rating of “Buy” and an average price target of $2,118.63.

NASDAQ:AMZN opened at $1,712.36 on Friday. The firm has a market capitalization of $841.12 billion, a P/E ratio of 85.02, a P/E/G ratio of 2.33 and a beta of 1.62. The company has a quick ratio of 0.85, a current ratio of 1.10 and a debt-to-equity ratio of 0.54. Amazon.com, Inc. has a 12-month low of $1,307.00 and a 12-month high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, January 31st. The e-commerce giant reported $6.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $5.55 by $0.49. The company had revenue of $72.38 billion during the quarter, compared to the consensus estimate of $71.73 billion. Amazon.com had a return on equity of 27.02% and a net margin of 4.33%. During the same period in the previous year, the business earned $2.16 EPS. Equities research analysts predict that Amazon.com, Inc. will post 26.72 earnings per share for the current year.

In other Amazon.com news, Director Patricia Q. Stonesifer sold 1,375 shares of Amazon.com stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $1,602.00, for a total transaction of $2,202,750.00. Following the completion of the sale, the director now directly owns 7,861 shares of the company’s stock, valued at approximately $12,593,322. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey A. Wilke sold 1,645 shares of Amazon.com stock in a transaction dated Thursday, February 21st. The stock was sold at an average price of $1,614.65, for a total value of $2,656,099.25. Following the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $16,146,500. The disclosure for this sale can be found here. Insiders have sold a total of 5,075 shares of company stock valued at $8,180,428 over the last ninety days. 16.30% of the stock is owned by company insiders.

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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 third-party sellers through physical stores and online stores.

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

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