Amazon.com, Inc. (AMZN) Shares Sold by Wasatch Advisors Inc.

Wasatch Advisors Inc. lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 74.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 792 shares of the e-commerce giant’s stock after selling 2,300 shares during the quarter. Wasatch Advisors Inc.’s holdings in Amazon.com were worth $761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of AMZN. Janus Henderson Group PLC boosted its holdings in Amazon.com by 1,045.8% in the second quarter. Janus Henderson Group PLC now owns 1,775,556 shares of the e-commerce giant’s stock valued at $1,718,711,000 after acquiring an additional 1,620,588 shares during the last quarter. Vanguard Group Inc. raised its position in Amazon.com by 2.9% in the second quarter. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant’s stock valued at $26,003,758,000 after purchasing an additional 764,115 shares during the period. BlackRock Inc. raised its position in Amazon.com by 2.4% in the second quarter. BlackRock Inc. now owns 23,925,821 shares of the e-commerce giant’s stock valued at $23,160,193,000 after purchasing an additional 554,990 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Amazon.com by 125.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 822,827 shares of the e-commerce giant’s stock valued at $796,497,000 after purchasing an additional 457,300 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. raised its position in Amazon.com by 446.3% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 502,699 shares of the e-commerce giant’s stock valued at $486,613,000 after purchasing an additional 410,678 shares during the period. Hedge funds and other institutional investors own 59.49% of the company’s stock.

Shares of Amazon.com, Inc. (NASDAQ AMZN) opened at $1,416.78 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.04 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $682,710.00, a PE ratio of 229.62, a P/E/G ratio of 6.35 and a beta of 1.63. Amazon.com, Inc. has a fifty-two week low of $812.50 and a fifty-two week high of $1,498.00.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.85 by $0.31. The firm had revenue of $60.45 billion during the quarter, compared to analyst estimates of $59.85 billion. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. Amazon.com’s quarterly revenue was up 38.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.54 earnings per share. equities analysts anticipate that Amazon.com, Inc. will post 8.49 EPS for the current year.

In related news, CEO Andrew R. Jassy sold 1,985 shares of the business’s stock in a transaction dated 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, VP Shelley Reynolds sold 544 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $1,126.27, for a total value of $612,690.88. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,368 shares of company stock valued at $10,726,970. 17.70% of the stock is owned by corporate insiders.

Several research analysts have commented on AMZN shares. Canaccord Genuity reissued a “buy” rating and issued a $1,200.00 price objective on shares of Amazon.com in a research report on Wednesday, October 11th. Wedbush set a $1,250.00 price objective on Amazon.com and gave the company a “buy” rating in a research report on Monday, October 23rd. Atlantic Securities reissued a “buy” rating on shares of Amazon.com in a research report on Friday, October 27th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $1,385.00 price objective (up from $1,375.00) on shares of Amazon.com in a research report on Wednesday, January 10th. Finally, DA Davidson raised their price objective on Amazon.com from $1,300.00 to $1,500.00 and gave the company a “buy” rating in a research report on Wednesday, November 29th. Six analysts have rated the stock with a hold rating, forty-seven have given a buy rating and two have given a strong buy rating to the stock. Amazon.com currently has an average rating of “Buy” and an average price target of $1,436.23.

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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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