1,100 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Acquired by Kirr Marbach & Co. LLC IN

Kirr Marbach & Co. LLC IN acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,100 shares of the e-commerce giant’s stock, valued at approximately $213,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cooksen Wealth LLC bought a new position in Amazon.com in the fourth quarter valued at approximately $30,000. Clarity Asset Management Inc. bought a new position in Amazon.com in the fourth quarter valued at approximately $46,000. Steph & Co. bought a new position in Amazon.com in the first quarter valued at approximately $65,000. Advantage Trust Co bought a new position in Amazon.com in the fourth quarter valued at approximately $68,000. Finally, Koesten Hirschmann & Crabtree INC. bought a new position in Amazon.com in the first quarter valued at approximately $69,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Up 2.3 %

AMZN opened at $175.40 on Tuesday. Amazon.com, Inc. has a twelve month low of $118.35 and a twelve month high of $201.20. The company has a 50-day simple moving average of $180.66 and a 200 day simple moving average of $181.39. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 49.13, a P/E/G ratio of 1.29 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.18. Amazon.com had a net margin of 7.35% and a return on equity of 21.39%. The business had revenue of $147.98 billion during the quarter, compared to analysts’ expectations of $148.63 billion. Analysts predict that Amazon.com, Inc. will post 4.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of research reports. BMO Capital Markets lifted their price target on shares of Amazon.com from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Thursday, July 25th. Roth Mkm lifted their price objective on shares of Amazon.com from $210.00 to $215.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Itau BBA Securities downgraded shares of Amazon.com from an “outperform” rating to a “market perform” rating and set a $186.00 price objective on the stock. in a report on Friday, August 2nd. UBS Group lifted their price objective on shares of Amazon.com from $217.00 to $224.00 and gave the company a “buy” rating in a report on Tuesday, July 30th. Finally, TD Securities lifted their price objective on shares of Amazon.com from $225.00 to $245.00 in a report on Wednesday, July 10th. One equities research analyst has rated the stock with a hold rating, forty have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $222.49.

Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 3,085,116 shares of the company’s stock in a transaction dated Friday, July 5th. The shares were sold at an average price of $200.07, for a total transaction of $617,239,158.12. Following the completion of the sale, the insider now owns 931,925,277 shares of the company’s stock, valued at $186,450,290,169.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $195.99, for a total transaction of $685,965.00. Following the completion of the transaction, the chief executive officer now owns 519,753 shares of the company’s stock, valued at $101,866,390.47. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jeffrey P. Bezos sold 3,085,116 shares of the business’s stock in a transaction dated Friday, July 5th. The stock was sold at an average price of $200.07, for a total value of $617,239,158.12. Following the transaction, the insider now directly owns 931,925,277 shares of the company’s stock, valued at approximately $186,450,290,169.39. The disclosure for this sale can be found here. Insiders sold 6,104,317 shares of company stock valued at $1,220,621,322 over the last quarter. 10.80% of the stock is owned by company insiders.

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.