Amazon.com, Inc. (AMZN) Stake Raised by D L Carlson Investment Group Inc.

D L Carlson Investment Group Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,436 shares of the e-commerce giant’s stock after purchasing an additional 125 shares during the period. Amazon.com comprises approximately 1.3% of D L Carlson Investment Group Inc.’s holdings, making the stock its 28th biggest holding. D L Carlson Investment Group Inc.’s holdings in Amazon.com were worth $4,294,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of AMZN. Reinhart Partners Inc. raised its holdings in shares of Amazon.com by 66.8% in the first quarter. Reinhart Partners Inc. now owns 789 shares of the e-commerce giant’s stock valued at $699,000 after buying an additional 316 shares during the last quarter. WealthTrust Fairport LLC raised its holdings in shares of Amazon.com by 18.4% in the first quarter. WealthTrust Fairport LLC now owns 5,962 shares of the e-commerce giant’s stock valued at $5,286,000 after buying an additional 926 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Amazon.com by 1.1% in the first quarter. Rhumbline Advisers now owns 635,236 shares of the e-commerce giant’s stock valued at $563,162,000 after buying an additional 7,068 shares during the last quarter. CT Mason bought a new position in shares of Amazon.com in the first quarter valued at about $3,508,000. Finally, Brick & Kyle Associates raised its holdings in shares of Amazon.com by 1.7% in the first quarter. Brick & Kyle Associates now owns 4,325 shares of the e-commerce giant’s stock valued at $3,834,000 after buying an additional 72 shares during the last quarter. Institutional investors own 59.79% of the company’s stock.

Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,133.95 on Tuesday. The stock has a market capitalization of $560,104.13, a PE ratio of 295.01, a PEG ratio of 14.56 and a beta of 1.47. Amazon.com, Inc. has a 12-month low of $742.00 and a 12-month high of $1,213.41. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00.

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

In related news, CEO Andrew R. Jassy sold 1,985 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $1,125.38, for a total value of $2,233,879.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total value of $431,601,618.30. Following the completion of the transaction, the chief executive officer now owns 79,891,433 shares of the company’s stock, valued at $88,162,593,058.49. The disclosure for this sale can be found here. Insiders sold a total of 399,538 shares of company stock valued at $441,142,749 over the last quarter. 17.00% of the stock is owned by insiders.

A number of research analysts recently issued reports on AMZN shares. Canaccord Genuity reaffirmed a “buy” rating and issued a $1,200.00 price target on shares of Amazon.com in a report on Wednesday, October 11th. Wedbush set a $1,250.00 price target on Amazon.com and gave the company a “buy” rating in a report on Monday, October 23rd. Royal Bank Of Canada set a $1,100.00 price target on Amazon.com and gave the company a “buy” rating in a report on Monday, September 11th. Morgan Stanley reaffirmed a “buy” rating and issued a $1,150.00 price target on shares of Amazon.com in a report on Tuesday, October 10th. Finally, Atlantic Securities reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, October 27th. Four research analysts have rated the stock with a hold rating and fifty have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $1,210.68.

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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.

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

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