Amazon.com, Inc. (AMZN) Shares Bought by Bollard Group LLC

Bollard Group LLC lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 12.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 33,855 shares of the e-commerce giant’s stock after purchasing an additional 3,700 shares during the quarter. Amazon.com accounts for approximately 1.7% of Bollard Group LLC’s holdings, making the stock its 5th biggest holding. Bollard Group LLC’s holdings in Amazon.com were worth $32,547,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vestor Capital LLC grew its holdings in Amazon.com by 10.1% during the 2nd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after acquiring an additional 10 shares during the last quarter. LeJeune Puetz Investment Counsel LLC bought a new stake in Amazon.com during the 2nd quarter worth about $116,000. Mountain Capital Investment Advisors Inc bought a new stake in Amazon.com during the 2nd quarter worth about $121,000. Patriot Financial Group Insurance Agency LLC grew its holdings in Amazon.com by 22.2% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 154 shares of the e-commerce giant’s stock worth $153,000 after acquiring an additional 28 shares during the last quarter. Finally, MPS Loria Financial Planners LLC acquired a new position in Amazon.com during the 2nd quarter valued at about $161,000. 59.77% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have issued reports on AMZN. Cantor Fitzgerald restated a “buy” rating and set a $1,150.00 target price on shares of Amazon.com in a research report on Tuesday, October 24th. They noted that the move was a valuation call. Vetr downgraded shares of Amazon.com from a “strong-buy” rating to a “buy” rating and set a $1,079.96 target price on the stock. in a research report on Monday, October 23rd. Canaccord Genuity restated a “buy” rating and set a $1,250.00 target price (up from $1,200.00) on shares of Amazon.com in a research report on Friday, October 27th. Jefferies Group restated a “buy” rating and set a $1,350.00 target price on shares of Amazon.com in a research report on Friday, October 27th. Finally, Morgan Stanley restated a “buy” rating and set a $1,150.00 target price on shares of Amazon.com in a research report on Tuesday, October 10th. Four research analysts have rated the stock with a hold rating and fifty-one have assigned a buy rating to the stock. Amazon.com currently has a consensus rating of “Buy” and an average target price of $1,237.19.

In other news, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $1,126.27, for a total transaction of $612,690.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the transaction, the chief executive officer now directly owns 79,891,433 shares of the company’s stock, valued at $88,162,593,058.49. The disclosure for this sale can be found here. Insiders have sold a total of 402,338 shares of company stock valued at $444,391,701 over the last ninety days. Company insiders own 17.70% of the company’s stock.

Shares of Amazon.com, Inc. (AMZN) opened at $1,209.59 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03. The company has a market cap of $580,270.50, a P/E ratio of 307.00, a price-to-earnings-growth ratio of 7.07 and a beta of 1.46. Amazon.com, Inc. has a fifty-two week low of $760.26 and a fifty-two week high of $1,215.87.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 EPS 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 analyst estimates of $42.26 billion. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. The business’s quarterly revenue was up 33.7% on a year-over-year basis. During the same quarter last year, the business posted $0.52 earnings per share. equities analysts anticipate that Amazon.com, Inc. will post 4.24 earnings per share for the current fiscal 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.

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

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