Breed s Hill Capital LLC trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,438 shares of the e-commerce giant’s stock after selling 157 shares during the quarter. Amazon.com accounts for 2.5% of Breed s Hill Capital LLC’s holdings, making the stock its 10th largest holding. Breed s Hill Capital LLC’s holdings in Amazon.com were worth $2,790,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. Cooksen Wealth LLC bought a new position in Amazon.com in the 4th quarter valued at approximately $30,000. Strid Group LLC acquired a new position in Amazon.com in the 4th quarter valued at approximately $43,000. Clarity Asset Management Inc. acquired a new stake in Amazon.com in the fourth quarter valued at $46,000. Steph & Co. bought a new position in shares of Amazon.com during the first quarter worth about $65,000. Finally, Advantage Trust Co acquired a new stake in shares of Amazon.com during the fourth quarter worth $68,000. Institutional investors and hedge funds own 72.20% of the company’s stock.
Insider Buying and Selling
In other Amazon.com news, VP Shelley Reynolds sold 3,791 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total value of $686,322.64. Following the completion of the sale, the vice president now owns 121,461 shares in the company, valued at approximately $21,989,299.44. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the transaction, the chief executive officer now owns 2,056,534 shares in the company, valued at $371,759,651.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Shelley Reynolds sold 3,791 shares of the stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total transaction of $686,322.64. Following the completion of the transaction, the vice president now directly owns 121,461 shares of the company’s stock, valued at $21,989,299.44. The disclosure for this sale can be found here. Insiders have sold 6,107,817 shares of company stock valued at $1,221,241,837 over the last ninety days. 10.80% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on AMZN
Amazon.com Stock Performance
NASDAQ:AMZN opened at $178.50 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. Amazon.com, Inc. has a fifty-two week low of $118.35 and a fifty-two week high of $201.20. The business has a 50 day moving average price of $182.90 and a 200-day moving average price of $180.95. The firm has a market cap of $1.86 trillion, a PE ratio of 50.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.15.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.18. Amazon.com had a net margin of 7.35% and a return on equity of 22.35%. The business had revenue of $147.98 billion during the quarter, compared to analysts’ expectations of $148.63 billion. Equities research analysts predict that Amazon.com, Inc. will post 4.73 earnings per share for the current year.
Amazon.com Profile
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.
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