HC Financial Advisors Inc. Purchases Shares of 257 Amazon.com, Inc. (AMZN)

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HC Financial Advisors Inc. purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 257 shares of the e-commerce giant’s stock, valued at approximately $437,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMZN. Lyell Wealth Management LP lifted its holdings in Amazon.com by 1.4% during the 1st quarter. Lyell Wealth Management LP now owns 4,524 shares of the e-commerce giant’s stock worth $6,548,000 after purchasing an additional 63 shares during the last quarter. Academy Capital Management Inc. TX acquired a new stake in Amazon.com during the 1st quarter worth approximately $467,000. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Amazon.com by 0.9% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 115,634 shares of the e-commerce giant’s stock worth $167,362,000 after purchasing an additional 975 shares during the last quarter. Granite Springs Asset Management LLC lifted its holdings in Amazon.com by 33.7% during the 1st quarter. Granite Springs Asset Management LLC now owns 488 shares of the e-commerce giant’s stock worth $706,000 after purchasing an additional 123 shares during the last quarter. Finally, Blue Fin Capital Inc. lifted its holdings in Amazon.com by 3.1% during the 1st quarter. Blue Fin Capital Inc. now owns 4,804 shares of the e-commerce giant’s stock worth $6,953,000 after purchasing an additional 145 shares during the last quarter. Institutional investors own 56.59% of the company’s stock.

Several analysts recently weighed in on AMZN shares. BidaskClub cut Amazon.com from a “hold” rating to a “sell” rating in a report on Wednesday, October 31st. Morgan Stanley reissued a “buy” rating on shares of Amazon.com in a report on Tuesday, July 17th. Morningstar reissued a “buy” rating on shares of Amazon.com in a report on Thursday, October 11th. Barclays reissued a “buy” rating and set a $1,870.00 price target on shares of Amazon.com in a report on Friday, July 27th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a report on Monday, October 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and forty-seven have assigned a buy rating to the company. Amazon.com has a consensus rating of “Buy” and an average target price of $2,091.53.

In related news, Director Patricia Q. Stonesifer sold 1,375 shares of the business’s stock in a transaction on Friday, November 2nd. The stock was sold at an average price of $1,678.99, for a total transaction of $2,308,611.25. Following the sale, the director now owns 9,127 shares in the company, valued at approximately $15,324,141.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jeffrey P. Bezos sold 16,964 shares of the business’s stock in a transaction on Monday, October 29th. The stock was sold at an average price of $1,632.23, for a total value of $27,689,149.72. Following the sale, the chief executive officer now owns 78,884,539 shares in the company, valued at approximately $128,757,711,091.97. The disclosure for this sale can be found here. Insiders have sold a total of 36,327 shares of company stock valued at $64,744,896 in the last three months. 16.30% of the stock is owned by insiders.

Amazon.com stock opened at $1,754.91 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 0.63. Amazon.com, Inc. has a 52 week low of $1,115.77 and a 52 week high of $2,050.50. The firm has a market cap of $803.28 billion, a PE ratio of 385.69, a price-to-earnings-growth ratio of 3.14 and a beta of 1.70.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, October 25th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts’ consensus estimates of $3.29 by $2.46. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. The company had revenue of $56.58 billion during the quarter, compared to analysts’ expectations of $57.05 billion. As a group, research analysts forecast that Amazon.com, Inc. will post 19.37 EPS for the current year.

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

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