One Plus One Wealth Management LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 7,052 shares of the e-commerce giant’s stock after purchasing an additional 246 shares during the period. One Plus One Wealth Management LLC’s holdings in Amazon.com were worth $1,342,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Professional Advisory Services Inc. boosted its stake in Amazon.com by 28.8% in the first quarter. Professional Advisory Services Inc. now owns 147,385 shares of the e-commerce giant’s stock valued at $28,041,000 after acquiring an additional 32,970 shares during the last quarter. Kennebec Savings Bank boosted its stake in Amazon.com by 2.7% in the first quarter. Kennebec Savings Bank now owns 13,748 shares of the e-commerce giant’s stock valued at $2,616,000 after acquiring an additional 357 shares during the last quarter. Wynn Capital LLC boosted its stake in Amazon.com by 1.3% in the first quarter. Wynn Capital LLC now owns 13,110 shares of the e-commerce giant’s stock valued at $2,494,000 after acquiring an additional 170 shares during the last quarter. Griffith & Werner Inc. boosted its stake in Amazon.com by 6.4% in the first quarter. Griffith & Werner Inc. now owns 32,504 shares of the e-commerce giant’s stock valued at $6,184,000 after acquiring an additional 1,963 shares during the last quarter. Finally, City Center Advisors LLC boosted its stake in Amazon.com by 14.8% in the first quarter. City Center Advisors LLC now owns 1,584 shares of the e-commerce giant’s stock valued at $301,000 after acquiring an additional 204 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Amazon.com
In related news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $202.41, for a total transaction of $2,746,703.70. Following the completion of the transaction, the senior vice president now directly owns 47,030 shares of the company’s stock, valued at $9,519,342.30. This trade represents a 22.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the transaction, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at approximately $95,776,017.26. This trade represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 102,037 shares of company stock valued at $20,531,075 in the last three months. Company insiders own 9.70% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Report on AMZN
Amazon.com Trading Down 1.3%
NASDAQ:AMZN opened at $209.69 on Friday. The company has a 50-day moving average price of $198.41 and a 200-day moving average price of $209.25. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17. The stock has a market cap of $2.23 trillion, a price-to-earnings ratio of 34.15, a P/E/G ratio of 1.59 and a beta of 1.33.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The firm had revenue of $155.67 billion during the quarter, compared to analysts’ expectations of $154.96 billion. During the same period last year, the company posted $0.98 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.
About Amazon.com
Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
Read More
- Five stocks we like better than Amazon.com
- Investing in Construction Stocks
- GE Aerospace Turns Engines Into Long-Term Profits
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Smith & Wesson Stock Falls on Earnings Miss, Tariff Woes
- Want to Profit on the Downtrend? Downtrends, Explained.
- Marvell’s New AI Chip Deals Capture Wall Street’s Attention
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.