Prentiss Smith & Co. Inc. Has $194,000 Stake in Amazon.com, Inc. (AMZN)

Prentiss Smith & Co. Inc. maintained its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 200 shares of the e-commerce giant’s stock at the close of the 2nd quarter. Prentiss Smith & Co. Inc.’s holdings in Amazon.com were worth $194,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. BKD Wealth Advisors LLC increased its stake in Amazon.com by 37.3% in the second quarter. BKD Wealth Advisors LLC now owns 928 shares of the e-commerce giant’s stock valued at $898,000 after purchasing an additional 252 shares in the last quarter. Capital Asset Advisory Services LLC increased its stake in Amazon.com by 20.8% in the second quarter. Capital Asset Advisory Services LLC now owns 1,342 shares of the e-commerce giant’s stock valued at $1,310,000 after purchasing an additional 231 shares in the last quarter. Stock Yards Bank & Trust Co. increased its stake in Amazon.com by 4.9% in the second quarter. Stock Yards Bank & Trust Co. now owns 11,902 shares of the e-commerce giant’s stock valued at $11,521,000 after purchasing an additional 551 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in Amazon.com in the second quarter valued at $581,000. Finally, First Command Bank increased its stake in Amazon.com by 2.1% in the second quarter. First Command Bank now owns 916 shares of the e-commerce giant’s stock valued at $886,000 after purchasing an additional 19 shares in the last quarter. 60.76% of the stock is owned by hedge funds and other institutional investors.

Shares of Amazon.com, Inc. (AMZN) traded down 0.317% during mid-day trading on Tuesday, hitting $971.105. 1,450,396 shares of the stock were exchanged. The stock has a market cap of $466.50 billion, a PE ratio of 246.975 and a beta of 1.47. Amazon.com, Inc. has a 12 month low of $710.10 and a 12 month high of $1,083.31. The stock’s 50 day moving average is $974.31 and its 200-day moving average is $951.74.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($1.00). Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The company had revenue of $37.96 billion for the quarter, compared to analyst estimates of $37.18 billion. During the same quarter last year, the company earned $1.78 EPS. The business’s revenue was up 24.8% compared to the same quarter last year. On average, analysts anticipate that Amazon.com, Inc. will post $3.89 EPS for the current year.

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A number of research analysts have recently issued reports on the stock. Barclays PLC lifted their price objective on shares of Amazon.com from $1,120.00 to $1,150.00 and gave the company an “overweight” rating in a report on Friday, July 28th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a $1,275.00 price objective on shares of Amazon.com in a report on Friday, July 28th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Amazon.com in a report on Friday, July 28th. Stifel Nicolaus reiterated a “buy” rating and set a $1,100.00 price objective (up from $1,075.00) on shares of Amazon.com in a report on Friday, July 28th. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Amazon.com in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, forty-six have issued a buy rating and two have given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $1,096.67.

In related news, VP Shelley Reynolds sold 544 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $986.52, for a total value of $536,666.88. Following the sale, the vice president now owns 6,533 shares in the company, valued at $6,444,935.16. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Andrew R. Jassy sold 1,985 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $986.12, for a total value of $1,957,448.20. Following the completion of the sale, the chief executive officer now owns 81,479 shares in the company, valued at approximately $80,348,071.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,793 shares of company stock worth $9,574,377. Corporate insiders own 17.70% of the company’s stock.

Amazon.com 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.

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

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