Kingfisher Capital LLC decreased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 47.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 829 shares of the e-commerce giant’s stock after selling 735 shares during the quarter. Kingfisher Capital LLC’s holdings in Amazon.com were worth $1,199,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its position in shares of Amazon.com by 0.4% in the 4th quarter. BlackRock Inc. now owns 24,535,840 shares of the e-commerce giant’s stock valued at $28,693,927,000 after purchasing an additional 88,437 shares during the period. UBS Asset Management Americas Inc. lifted its stake in Amazon.com by 5.5% in the 4th quarter. UBS Asset Management Americas Inc. now owns 1,858,265 shares of the e-commerce giant’s stock worth $2,173,185,000 after acquiring an additional 97,656 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Amazon.com by 3.3% in the 1st quarter. Fisher Asset Management LLC now owns 1,853,073 shares of the e-commerce giant’s stock worth $2,682,027,000 after acquiring an additional 59,516 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Amazon.com by 7.4% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,518,838 shares of the e-commerce giant’s stock worth $1,776,236,000 after acquiring an additional 105,161 shares in the last quarter. Finally, Swiss National Bank lifted its stake in Amazon.com by 0.6% in the 4th quarter. Swiss National Bank now owns 1,506,441 shares of the e-commerce giant’s stock worth $1,761,738,000 after acquiring an additional 8,600 shares in the last quarter. Institutional investors and hedge funds own 57.38% of the company’s stock.
Shares of NASDAQ AMZN opened at $1,994.82 on Thursday. The company has a current ratio of 1.07, a quick ratio of 0.78 and a debt-to-equity ratio of 0.70. The stock has a market cap of $981.68 billion, a PE ratio of 182.64, a P/E/G ratio of 4.29 and a beta of 1.60. Amazon.com, Inc. has a 52 week low of $931.75 and a 52 week high of $2,050.50.
Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 26th. The e-commerce giant reported $5.07 EPS for the quarter, beating the Zacks’ consensus estimate of $2.49 by $2.58. The business had revenue of $52.89 billion for the quarter, compared to analyst estimates of $53.37 billion. Amazon.com had a return on equity of 18.47% and a net margin of 3.02%. The firm’s revenue for the quarter was up 39.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.40 EPS. research analysts expect that Amazon.com, Inc. will post 17.69 earnings per share for the current year.
Several brokerages recently issued reports on AMZN. Macquarie reissued a “buy” rating on shares of Amazon.com in a research note on Friday, June 22nd. JMP Securities reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, June 21st. BidaskClub downgraded Amazon.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 26th. Zacks Investment Research raised Amazon.com from a “hold” rating to a “buy” rating and set a $1,993.00 price objective for the company in a research note on Tuesday, July 31st. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, August 30th. Two analysts have rated the stock with a hold rating, forty-nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $1,963.87.
In other news, CEO Andrew R. Jassy sold 1,726 shares of the stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $1,900.00, for a total transaction of $3,279,400.00. Following the transaction, the chief executive officer now owns 88,801 shares of the company’s stock, valued at approximately $168,721,900. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey M. Blackburn sold 4,108 shares of the stock in a transaction dated Wednesday, August 29th. The shares were sold at an average price of $1,952.10, for a total value of $8,019,226.80. Following the transaction, the insider now directly owns 42,874 shares in the company, valued at approximately $83,694,335.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,308 shares of company stock worth $39,933,558. 16.30% of the stock is currently owned by insiders.
Amazon.com Company Profile
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.
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