Regal Investment Advisors LLC Has $607,000 Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Regal Investment Advisors LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 17.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 631 shares of the e-commerce giant’s stock after purchasing an additional 94 shares during the quarter. Regal Investment Advisors LLC’s holdings in Amazon.com were worth $607,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AMZN. Harbour Capital Advisors LLC raised its holdings in Amazon.com by 100,947.5% during the 2nd quarter. Harbour Capital Advisors LLC now owns 2,302,872 shares of the e-commerce giant’s stock worth $2,379,000 after buying an additional 2,300,593 shares during the period. Janus Henderson Group PLC grew its stake in Amazon.com by 1,045.8% during the 2nd 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 in the last quarter. Vanguard Group Inc. grew its stake in Amazon.com by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant’s stock valued at $26,003,758,000 after acquiring an additional 764,115 shares in the last quarter. BlackRock Inc. grew its stake in Amazon.com by 2.4% during the 2nd quarter. BlackRock Inc. now owns 23,925,821 shares of the e-commerce giant’s stock valued at $23,160,193,000 after acquiring an additional 554,990 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in Amazon.com by 125.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 822,827 shares of the e-commerce giant’s stock valued at $796,497,000 after acquiring an additional 457,300 shares in the last quarter. 59.06% of the stock is owned by institutional investors and hedge funds.

In other news, Chief Executive Officer of Worldwide Consumer Jeffrey A. Wilke sold 2,800 shares of the firm’s 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 insider now directly owns 10,000 shares of the company’s stock, valued at $11,603,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Tom A. Alberg sold 835 shares of the firm’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $1,202.74, for a total value of $1,004,287.90. Following the completion of the transaction, the director now directly owns 17,114 shares of the company’s stock, valued at $20,583,692.36. The disclosure for this sale can be found here. Insiders sold 9,368 shares of company stock valued at $10,726,970 over the last ninety days. Corporate insiders own 17.00% of the company’s stock.

Shares of Amazon.com, Inc. (AMZN) traded up $45.20 during midday trading on Monday, reaching $1,384.80. The company’s stock had a trading volume of 3,205,574 shares, compared to its average volume of 5,790,000. Amazon.com, Inc. has a 1-year low of $822.85 and a 1-year high of $1,498.00. The company has a market capitalization of $665,460.00, a price-to-earnings ratio of 224.44, a price-to-earnings-growth ratio of 5.89 and a beta of 1.63. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89.

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 consensus estimate of $1.85 by $0.31. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The business had revenue of $60.45 billion during the quarter, compared to analyst estimates of $59.85 billion. During the same period in the prior year, the company earned $1.54 earnings per share. Amazon.com’s revenue was up 38.2% compared to the same quarter last year. equities research analysts anticipate that Amazon.com, Inc. will post 8.49 earnings per share for the current fiscal year.

Several equities research analysts recently commented on the company. Bank of America reissued a “buy” rating and issued a $1,650.00 price target (up previously from $1,460.00) on shares of Amazon.com in a research note on Friday, February 2nd. Monness Crespi & Hardt reaffirmed a “neutral” rating on shares of Amazon.com in a research report on Friday, February 2nd. Canaccord Genuity reaffirmed a “buy” rating and set a $1,650.00 target price (up previously from $1,500.00) on shares of Amazon.com in a research report on Friday, February 2nd. Needham & Company LLC reiterated a “buy” rating on shares of Amazon.com in a report on Monday, February 5th. Finally, Morgan Stanley reiterated a “buy” rating on shares of Amazon.com in a report on Monday, February 5th. Five investment analysts have rated the stock with a hold rating, forty-nine have given a buy rating and one has issued a strong buy rating to the stock. Amazon.com has an average rating of “Buy” and an average target price of $1,436.97.

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Amazon.com 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.

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

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