Amazon.com, Inc. (AMZN) Position Maintained by Hudock Capital Group LLC

Hudock Capital Group LLC maintained its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 105 shares of the e-commerce giant’s stock at the close of the 2nd quarter. Hudock Capital Group LLC’s holdings in Amazon.com were worth $101,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the stock. Leavell Investment Management Inc. boosted its holdings in Amazon.com by 0.3% in the 2nd quarter. Leavell Investment Management Inc. now owns 394 shares of the e-commerce giant’s stock valued at $381,000 after purchasing an additional 1 shares during the period. SeaBridge Investment Advisors LLC boosted its holdings in Amazon.com by 0.4% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 272 shares of the e-commerce giant’s stock valued at $263,000 after purchasing an additional 1 shares during the period. Probity Advisors Inc. boosted its holdings in Amazon.com by 0.6% in the 2nd quarter. Probity Advisors Inc. now owns 320 shares of the e-commerce giant’s stock valued at $310,000 after purchasing an additional 2 shares during the period. Venturi Wealth Management LLC boosted its holdings in Amazon.com by 0.3% in the 2nd quarter. Venturi Wealth Management LLC now owns 632 shares of the e-commerce giant’s stock valued at $612,000 after purchasing an additional 2 shares during the period. Finally, Grimes & Company Inc. boosted its holdings in Amazon.com by 0.4% in the 2nd quarter. Grimes & Company Inc. now owns 744 shares of the e-commerce giant’s stock valued at $720,000 after purchasing an additional 3 shares during the period. 59.83% of the stock is owned by institutional investors and hedge funds.

Shares of Amazon.com, Inc. (AMZN) opened at $1,156.16 on Thursday. Amazon.com, Inc. has a 52-week low of $736.70 and a 52-week high of $1,160.27. The company has a market cap of $549,088.56, a PE ratio of 289.21, a PEG ratio of 14.28 and a beta of 1.45. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by ($0.57). Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The business had revenue of $43.74 billion for the quarter, compared to analysts’ expectations of $42.26 billion. During the same period in the previous year, the company earned $0.52 EPS. Amazon.com’s revenue for the quarter was up 33.7% compared to the same quarter last year. sell-side analysts expect that Amazon.com, Inc. will post 4.24 earnings per share for the current fiscal year.

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A number of analysts have issued reports on AMZN shares. Stifel Nicolaus reissued a “buy” rating and issued a $1,100.00 price objective on shares of Amazon.com in a report on Tuesday, October 24th. Loop Capital set a $1,200.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a report on Friday, October 20th. Royal Bank Of Canada set a $1,100.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a report on Monday, September 11th. Needham & Company LLC reissued a “buy” rating and issued a $1,250.00 price objective (up previously from $1,150.00) on shares of Amazon.com in a report on Friday, October 27th. Finally, Cantor Fitzgerald boosted their price objective on shares of Amazon.com to $1,360.00 and gave the company an “overweight” rating in a report on Friday, October 27th. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating and forty-nine have given a buy rating to the company. Amazon.com currently has a consensus rating of “Buy” and an average price target of $1,160.04.

In other news, CEO Jeffrey P. Bezos sold 391,110 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the completion of the sale, the chief executive officer now owns 79,891,433 shares of the company’s stock, valued at approximately $88,162,593,058.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Tom A. Alberg sold 1,860 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $1,109.20, for a total transaction of $2,063,112.00. Following the completion of the sale, the director now directly owns 18,460 shares of the company’s stock, valued at $20,475,832. The disclosure for this sale can be found here. Insiders have sold a total of 397,833 shares of company stock valued at $439,137,961 in the last ninety days. Insiders own 17.70% of the company’s stock.

About Amazon.com

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.

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

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