Amazon.com, Inc. (AMZN) Shares Bought by WMS Partners LLC

WMS Partners LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,285 shares of the e-commerce giant’s stock after acquiring an additional 70 shares during the period. WMS Partners LLC’s holdings in Amazon.com were worth $1,235,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AMZN. Vanguard Group Inc. lifted its holdings in shares of Amazon.com by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant’s stock worth $26,003,758,000 after acquiring an additional 764,115 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Amazon.com by 2.4% in the 2nd quarter. BlackRock Inc. now owns 23,925,821 shares of the e-commerce giant’s stock worth $23,160,193,000 after acquiring an additional 554,990 shares during the last quarter. State Street Corp lifted its holdings in shares of Amazon.com by 1.1% in the 1st quarter. State Street Corp now owns 16,544,538 shares of the e-commerce giant’s stock worth $14,667,392,000 after acquiring an additional 186,756 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Amazon.com by 0.4% in the 2nd quarter. Capital Research Global Investors now owns 10,711,772 shares of the e-commerce giant’s stock worth $10,368,995,000 after acquiring an additional 40,068 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its holdings in shares of Amazon.com by 1.7% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 2,828,302 shares of the e-commerce giant’s stock worth $2,737,796,000 after acquiring an additional 46,800 shares during the last quarter. 59.77% of the stock is owned by institutional investors.

Several equities research analysts have recently issued reports on AMZN shares. TheStreet upgraded shares of Amazon.com from a “c+” rating to a “b-” rating in a report on Tuesday, November 7th. Jefferies Group reiterated a “buy” rating and set a $1,250.00 price objective on shares of Amazon.com in a report on Tuesday, September 26th. Morgan Stanley reiterated a “buy” rating on shares of Amazon.com in a report on Monday, September 25th. Argus reiterated a “buy” rating and set a $1,150.00 price objective on shares of Amazon.com in a report on Thursday, September 21st. Finally, Loop Capital reiterated a “buy” rating and set a $1,200.00 price objective on shares of Amazon.com in a report on Tuesday, September 19th. Four equities research analysts have rated the stock with a hold rating and fifty-one have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $1,237.19.

In other Amazon.com news, CEO Jeffrey P. Bezos sold 391,110 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the sale, the chief executive officer now owns 79,891,433 shares of the company’s stock, valued at approximately $88,162,593,058.49. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $1,160.34, for a total transaction of $3,248,952.00. Following the sale, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $11,603,400. The disclosure for this sale can be found here. In the last three months, insiders have sold 402,338 shares of company stock worth $444,391,701. 17.00% of the stock is owned by insiders.

Amazon.com, Inc. (AMZN) opened at $1,204.20 on Thursday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. Amazon.com, Inc. has a 12-month low of $754.20 and a 12-month high of $1,213.41. The stock has a market cap of $580,270.00, a P/E ratio of 304.09, a PEG ratio of 6.87 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share for the quarter, missing the consensus estimate of $1.09 by ($0.57). The company had revenue of $43.74 billion for the quarter, compared to analysts’ expectations of $42.26 billion. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. The firm’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.52 EPS. research analysts forecast that Amazon.com, Inc. will post 4.24 earnings per share for the current year.

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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.

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

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