Amazon.com, Inc. (AMZN) Holdings Boosted by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,556 shares of the e-commerce giant’s stock after buying an additional 114 shares during the quarter. Amazon.com makes up approximately 1.5% of Oliver Luxxe Assets LLC’s investment portfolio, making the stock its 27th largest position. Oliver Luxxe Assets LLC’s holdings in Amazon.com were worth $2,457,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Vestor Capital LLC grew its position in shares of Amazon.com by 10.1% in the second quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock valued at $106,000 after purchasing an additional 10 shares during the last quarter. Clear Investment Research LLC grew its position in shares of Amazon.com by 73,100.0% in the second quarter. Clear Investment Research LLC now owns 732 shares of the e-commerce giant’s stock valued at $107,000 after purchasing an additional 731 shares during the last quarter. WealthTrust Arizona LLC grew its position in shares of Amazon.com by 2.7% in the second quarter. WealthTrust Arizona LLC now owns 114 shares of the e-commerce giant’s stock valued at $110,000 after purchasing an additional 3 shares during the last quarter. LeJeune Puetz Investment Counsel LLC acquired a new position in shares of Amazon.com in the second quarter valued at approximately $116,000. Finally, Mountain Capital Investment Advisors Inc acquired a new position in shares of Amazon.com in the second quarter valued at approximately $121,000. 59.77% of the stock is currently owned by hedge funds and other institutional investors.

AMZN has been the topic of a number of analyst reports. 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 on the stock in a research report on Friday, October 27th. Leerink Swann reissued a “buy” rating on shares of Amazon.com in a research report on Monday, October 30th. TheStreet raised Amazon.com from a “c+” rating to a “b-” rating in a research report on Tuesday, November 7th. Finally, Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com in a research report on Monday, December 4th. Four analysts have rated the stock with a hold rating and fifty-one have issued a buy rating to the company’s stock. Amazon.com currently has an average rating of “Buy” and an average price target of $1,237.19.

In other news, CEO Jeffrey A. Wilke sold 2,800 shares of the stock in a transaction on Friday, December 8th. The stock was sold at an average price of $1,160.34, for a total value of $3,248,952.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $11,603,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the stock in a transaction 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 sale, 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 402,338 shares of company stock valued at $444,391,701 over the last quarter. 17.00% of the stock is owned by corporate insiders.

Amazon.com, Inc. (NASDAQ AMZN) opened at $1,176.76 on Wednesday. Amazon.com, Inc. has a 12 month low of $747.70 and a 12 month high of $1,213.41. The company has a market capitalization of $563,000.00, a price-to-earnings ratio of 297.16, a PEG ratio of 13.22 and a beta of 1.46. The company has a quick ratio of 0.74, a current ratio of 1.03 and a debt-to-equity ratio of 1.00.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the Zacks’ 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 firm had revenue of $43.74 billion during the quarter, compared to the consensus estimate of $42.26 billion. During the same quarter in the previous year, the company posted $0.52 earnings per share. The firm’s revenue was up 33.7% on a year-over-year basis. sell-side analysts predict that Amazon.com, Inc. will post 4.24 earnings per share for the current fiscal year.

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Amazon.com Company Profile

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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