Trust Co. of Vermont raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,788 shares of the e-commerce giant’s stock after buying an additional 104 shares during the quarter. Amazon.com makes up approximately 2.0% of Trust Co. of Vermont’s holdings, making the stock its 5th largest holding. Trust Co. of Vermont’s holdings in Amazon.com were worth $21,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. Wallington Asset Management LLC grew its holdings in shares of Amazon.com by 6.8% during the fourth quarter. Wallington Asset Management LLC now owns 2,498 shares of the e-commerce giant’s stock valued at $2,921,000 after buying an additional 160 shares during the last quarter. Retirement Income Solutions Inc purchased a new stake in shares of Amazon.com during the fourth quarter valued at approximately $1,553,000. SFE Investment Counsel grew its holdings in shares of Amazon.com by 42.1% during the fourth quarter. SFE Investment Counsel now owns 2,133 shares of the e-commerce giant’s stock valued at $2,494,000 after buying an additional 632 shares during the last quarter. Nicollet Investment Management Inc. purchased a new stake in shares of Amazon.com during the fourth quarter valued at approximately $7,520,000. Finally, AE Wealth Management LLC grew its holdings in shares of Amazon.com by 85.3% during the fourth quarter. AE Wealth Management LLC now owns 3,323 shares of the e-commerce giant’s stock valued at $3,886,000 after buying an additional 1,530 shares during the last quarter. Institutional investors own 57.38% of the company’s stock.
AMZN opened at $1,958.31 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.78 and a current ratio of 1.07. Amazon.com, Inc. has a 1-year low of $931.75 and a 1-year high of $2,050.50. The company has a market capitalization of $972.96 billion, a price-to-earnings ratio of 181.02, a price-to-earnings-growth ratio of 4.26 and a beta of 1.60.
Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.49 by $2.58. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. The business had revenue of $52.89 billion for the quarter, compared to the consensus estimate of $53.37 billion. During the same period last year, the firm earned $0.40 earnings per share. The company’s quarterly revenue was up 39.3% on a year-over-year basis. equities analysts anticipate that Amazon.com, Inc. will post 17.69 EPS for the current year.
A number of equities research analysts have recently commented on the stock. DA Davidson increased their price target on shares of Amazon.com from $2,200.00 to $2,450.00 and gave the company a “buy” rating in a report on Wednesday. Wells Fargo & Co reiterated a “buy” rating and set a $2,110.00 price target on shares of Amazon.com in a report on Tuesday. Robert W. Baird reiterated a “buy” rating on shares of Amazon.com in a report on Monday. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a report on Thursday, August 30th. Finally, Macquarie reiterated a “buy” rating on shares of Amazon.com in a report on Wednesday, August 29th. Two research analysts have rated the stock with a hold rating, forty-nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $1,963.87.
In other Amazon.com news, insider Jeffrey M. Blackburn sold 4,108 shares of the stock in a transaction that occurred on 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 $83,694,335.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 1,726 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now owns 88,801 shares in the company, valued at $168,721,900. The disclosure for this sale can be found here. Insiders sold 21,308 shares of company stock worth $39,933,558 over the last quarter. Insiders own 16.30% of the company’s stock.
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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