Investmark Advisory Group LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 3,229.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,128 shares of the e-commerce giant's stock after acquiring an additional 4,974 shares during the quarter. Investmark Advisory Group LLC's holdings in Amazon.com were worth $544,000 at the end of the most recent reporting period.
根据Investmark Consulting Group LLC向美国证券交易委员会(SEC)披露的最新信息，其在亚马逊公司(纳斯达克代码：AMZN-GET评级)的持股在第二季度增加了3229.9%。这家机构投资者在本季度增持了4974股后，持有这家电商巨头5128股票。在最近一个报告期结束时，Investmark Consulting Group LLC在Amazon.com持有的股份价值54.4万美元。
Several other institutional investors and hedge funds have also modified their holdings of AMZN. M. Kraus & Co lifted its position in Amazon.com by 1,892.0% in the 2nd quarter. M. Kraus & Co now owns 7,490 shares of the e-commerce giant's stock valued at $796,000 after acquiring an additional 7,114 shares in the last quarter. Barton Investment Management raised its holdings in shares of Amazon.com by 1,863.3% in the second quarter. Barton Investment Management now owns 741,700 shares of the e-commerce giant's stock valued at $78,776,000 after purchasing an additional 703,922 shares during the last quarter. CMH Wealth Management LLC boosted its holdings in Amazon.com by 2,544.7% during the second quarter. CMH Wealth Management LLC now owns 201,528 shares of the e-commerce giant's stock worth $21,404,000 after purchasing an additional 193,908 shares during the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. increased its stake in Amazon.com by 2,005.6% in the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 103,640 shares of the e-commerce giant's stock valued at $11,008,000 after buying an additional 98,718 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. increased its stake in Amazon.com by 2,494.1% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 65,033 shares of the e-commerce giant's stock valued at $6,907,000 after buying an additional 62,526 shares during the last quarter. 57.15% of the stock is currently owned by institutional investors and hedge funds.
其他几家机构投资者和对冲基金也调整了对AMZN的持股。M.Kraus&Co在第二季度将其在亚马逊的头寸提高了1892.0%。M.Kraus&Co现在持有这家电商巨头7,490股股票，价值796,000美元，上个季度又购买了7,114股。巴顿投资管理公司在第二季度增持了1,863.3%的亚马逊股票。巴顿投资管理公司现在拥有741,700股这家电商巨头的股票，价值78,776,000美元，上个季度又购买了703,922股。CMH Wealth Management LLC在第二季度将其在亚马逊的持股增加了2544.7%。CMH Wealth Management LLC在上个季度额外购买了193,908股后，现在拥有这家电商巨头201,528股股票，价值21,404,000美元。Folger Nolan Fleming Douglas Capital Management Inc.在第二季度将其在亚马逊的持股增加了2,005.6%。Folger Nolan Fleming Douglas Capital Management Inc.现在持有这家电子商务巨头103,640股票，价值11,008,000美元，上个季度又购买了98,718股票。最后，新桥金融服务集团在第二季度增持了2,494.1%的亚马逊股份。新桥金融服务集团(Newbridge Financial Services Group Inc.)现在持有这家电商巨头65,033股股票，价值6,907,000美元，该公司在上个季度又购买了62,526股。57.15%的股票目前由机构投资者和对冲基金持有。
Insider Buying and Selling at Amazon.com
In other Amazon.com news, SVP David Zapolsky sold 10,480 shares of the company's stock in a transaction that occurred on Tuesday, August 16th. The shares were sold at an average price of $145.01, for a total value of $1,519,704.80. Following the completion of the transaction, the senior vice president now directly owns 60,260 shares in the company, valued at approximately $8,738,302.60. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CEO Adam Selipsky sold 520 shares of the company's stock in a transaction on Wednesday, September 14th. The shares were sold at an average price of $127.43, for a total value of $66,263.60. Following the sale, the chief executive officer now directly owns 115,680 shares of the company's stock, valued at approximately $14,741,102.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP David Zapolsky sold 10,480 shares of the business's stock in a transaction on Tuesday, August 16th. The shares were sold at an average price of $145.01, for a total transaction of $1,519,704.80. Following the completion of the transaction, the senior vice president now owns 60,260 shares in the company, valued at approximately $8,738,302.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 70,628 shares of company stock worth $9,802,599. 12.70% of the stock is currently owned by insiders.
Amazon.com Trading Down 1.6 %
Amazon.com (NASDAQ:AMZN – Get Rating) last posted its earnings results on Thursday, July 28th. The e-commerce giant reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.05). Amazon.com had a return on equity of 15.79% and a net margin of 2.39%. The company had revenue of $121.23 billion for the quarter, compared to the consensus estimate of $119.16 billion. During the same period in the previous year, the firm posted $0.76 EPS. The business's quarterly revenue was up 7.2% compared to the same quarter last year. Equities research analysts predict that Amazon.com, Inc. will post 0.98 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities analysts have recently weighed in on AMZN shares. Tigress Financial restated a "buy" rating and issued a $232.00 price objective on shares of Amazon.com in a report on Wednesday, June 29th. Cowen boosted their price target on Amazon.com from $210.00 to $215.00 and gave the stock an "outperform" rating in a research report on Friday, July 29th. Cowen decreased their target price on shares of Amazon.com from $215.00 to $210.00 and set an "outperform" rating for the company in a research note on Thursday, July 14th. Itaú Unibanco initiated coverage on shares of Amazon.com in a research report on Tuesday, July 26th. They set an "outperform" rating and a $146.00 price target on the stock. Finally, Redburn Partners assumed coverage on shares of Amazon.com in a research report on Wednesday, June 29th. They issued a "buy" rating and a $270.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and thirty-six have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $176.49.
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.
- Get a free copy of the StockNews.com research report on Amazon.com (AMZN)
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