Fiduciary Financial Services of The Southwest Inc. TX increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,126 shares of the e-commerce giant’s stock after purchasing an additional 179 shares during the period. Amazon.com accounts for 1.2% of Fiduciary Financial Services of The Southwest Inc. TX’s investment portfolio, making the stock its 29th biggest position. Fiduciary Financial Services of The Southwest Inc. TX’s holdings in Amazon.com were worth $3,994,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. LMR Partners LLP purchased a new stake in shares of Amazon.com in the second quarter valued at $454,000. Dupont Capital Management Corp grew its position in shares of Amazon.com by 14.3% in the second quarter. Dupont Capital Management Corp now owns 54,308 shares of the e-commerce giant’s stock valued at $52,570,000 after purchasing an additional 6,782 shares during the period. Shufro Rose & Co. LLC grew its position in shares of Amazon.com by 22.3% in the second quarter. Shufro Rose & Co. LLC now owns 302 shares of the e-commerce giant’s stock valued at $292,000 after purchasing an additional 55 shares during the period. Savant Capital LLC grew its position in shares of Amazon.com by 6.2% in the second quarter. Savant Capital LLC now owns 3,947 shares of the e-commerce giant’s stock valued at $3,821,000 after purchasing an additional 231 shares during the period. Finally, Obermeyer Wood Investment Counsel Lllp grew its position in shares of Amazon.com by 6.4% in the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 735 shares of the e-commerce giant’s stock valued at $711,000 after purchasing an additional 44 shares during the period. 60.77% of the stock is owned by institutional investors and hedge funds.
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In related news, VP Shelley Reynolds sold 544 shares of Amazon.com stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $986.52, for a total transaction of $536,666.88. Following the sale, the vice president now directly owns 6,533 shares of the company’s stock, valued at $6,444,935.16. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jeffrey P. Bezos sold 391,110 shares of Amazon.com stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $1,103.53, for a total value of $431,601,618.30. Following the sale, the chief executive officer now directly owns 79,891,433 shares in the company, valued at $88,162,593,058.49. The disclosure for this sale can be found here. Over the last three months, insiders have sold 399,483 shares of company stock worth $439,775,421. 17.70% of the stock is owned by company insiders.
A number of equities research analysts have issued reports on the company. Credit Suisse Group reissued an “outperform” rating on shares of Amazon.com in a research report on Thursday, August 31st. Monness Crespi & Hardt raised Amazon.com from a “neutral” rating to a “buy” rating and set a $1,250.00 price target for the company in a research report on Friday, October 27th. Cowen and Company reissued an “outperform” rating and set a $1,125.00 price target on shares of Amazon.com in a research report on Thursday, August 10th. Zacks Investment Research downgraded Amazon.com from a “hold” rating to a “strong sell” rating in a research report on Monday, July 24th. Finally, Barclays PLC boosted their price target on Amazon.com from $1,120.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Friday, July 28th. Five analysts have rated the stock with a hold rating and forty-nine have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $1,142.08.
Shares of Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,111.60 on Friday. The stock has a market capitalization of $535.65 billion, a PE ratio of 277.72, a PEG ratio of 13.83 and a beta of 1.45. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. Amazon.com, Inc. has a 1 year low of $710.10 and a 1 year high of $1,122.79.
Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.57). Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. The firm had revenue of $43.74 billion for the quarter, compared to analyst estimates of $42.26 billion. During the same period last year, the business earned $0.52 earnings per share. The firm’s quarterly revenue was up 33.7% compared to the same quarter last year. sell-side analysts predict that Amazon.com, Inc. will post 4.2 EPS for the current year.
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.
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