Amazon.com, Inc. (AMZN) Position Decreased by Private Wealth Advisors Inc.

Private Wealth Advisors Inc. lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the third quarter, Holdings Channel reports. The firm owned 2,689 shares of the e-commerce giant’s stock after selling 39 shares during the period. Private Wealth Advisors Inc.’s holdings in Amazon.com were worth $2,252,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. HM Payson & Co. boosted its stake in Amazon.com by 566.5% in the third quarter. HM Payson & Co. now owns 5,785 shares of the e-commerce giant’s stock valued at $4,844,000 after buying an additional 4,917 shares during the period. Johnson Investment Counsel Inc. boosted its stake in Amazon.com by 20.6% in the third quarter. Johnson Investment Counsel Inc. now owns 3,039 shares of the e-commerce giant’s stock valued at $2,544,000 after buying an additional 520 shares during the period. Advantus Capital Management Inc boosted its stake in Amazon.com by 2.7% in the third quarter. Advantus Capital Management Inc now owns 39,380 shares of the e-commerce giant’s stock valued at $32,973,000 after buying an additional 1,022 shares during the period. Two Sigma Securities LLC boosted its stake in Amazon.com by 402.0% in the third quarter. Two Sigma Securities LLC now owns 7,355 shares of the e-commerce giant’s stock valued at $6,158,000 after buying an additional 5,890 shares during the period. Finally, UBS Oconnor LLC boosted its stake in Amazon.com by 507.4% in the third quarter. UBS Oconnor LLC now owns 16,000 shares of the e-commerce giant’s stock valued at $13,397,000 after buying an additional 13,366 shares during the period. 65.45% of the stock is currently owned by institutional investors.

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

Shares of Amazon.com, Inc. (NASDAQ:AMZN) traded up 0.74% on Friday, reaching $827.46. The company had a trading volume of 2,429,609 shares. The firm has a market capitalization of $394.70 billion, a price-to-earnings ratio of 168.87 and a beta of 1.40. The firm has a 50-day moving average price of $804.26 and a 200 day moving average price of $785.88. Amazon.com, Inc. has a 1-year low of $511.66 and a 1-year high of $847.21.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 2nd. The e-commerce giant reported $1.54 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.35 by $0.19. Amazon.com had a return on equity of 13.87% and a net margin of 1.74%. The company had revenue of $43.74 billion for the quarter, compared to analyst estimates of $44.66 billion. During the same quarter in the previous year, the company earned $1.00 EPS. The firm’s revenue for the quarter was up 22.4% compared to the same quarter last year. Equities research analysts predict that Amazon.com, Inc. will post $7.32 earnings per share for the current year.

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Several research analysts have issued reports on the company. Wedbush set a $900.00 target price on Amazon.com and gave the stock a “buy” rating in a research report on Sunday, October 30th. Morningstar, Inc. reissued a “buy” rating on shares of Amazon.com in a research report on Thursday, December 1st. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Amazon.com in a research report on Thursday, January 5th. JMP Securities reissued a “positive” rating on shares of Amazon.com in a research report on Friday, February 3rd. Finally, TheStreet raised Amazon.com from a “c+” rating to a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and forty-eight have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $932.13.

In other news, CEO Jeffrey A. Wilke sold 4,890 shares of the business’s stock in a transaction that occurred on Friday, December 9th. The stock was sold at an average price of $767.15, for a total transaction of $3,751,363.50. Following the sale, the chief executive officer now owns 58,139 shares of the company’s stock, valued at approximately $44,601,333.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 17.70% of the stock is currently owned by insiders.

Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS).

5 Day Chart for NASDAQ:AMZN

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).

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