Signet Investment Advisory Group Inc. bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 22 shares of the e-commerce giant’s stock, valued at approximately $33,000.
Several other large investors also recently modified their holdings of the company. Pictet North America Advisors SA boosted its stake in shares of Amazon.com by 7.1% during the fourth quarter. Pictet North America Advisors SA now owns 4,079 shares of the e-commerce giant’s stock valued at $6,127,000 after purchasing an additional 272 shares in the last quarter. Discovery Value Fund bought a new position in shares of Amazon.com during the fourth quarter valued at approximately $100,247,000. NF Trinity Capital Hong Kong Ltd boosted its stake in shares of Amazon.com by 13.6% during the fourth quarter. NF Trinity Capital Hong Kong Ltd now owns 8,745 shares of the e-commerce giant’s stock valued at $13,135,000 after purchasing an additional 1,045 shares in the last quarter. Miles Capital Inc. boosted its stake in shares of Amazon.com by 1.0% during the fourth quarter. Miles Capital Inc. now owns 777 shares of the e-commerce giant’s stock valued at $1,167,000 after purchasing an additional 8 shares in the last quarter. Finally, Sonata Capital Group Inc. boosted its stake in shares of Amazon.com by 12.5% during the fourth quarter. Sonata Capital Group Inc. now owns 2,565 shares of the e-commerce giant’s stock valued at $3,853,000 after purchasing an additional 284 shares in the last quarter. 55.33% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ:AMZN opened at $1,859.68 on Thursday. Amazon.com, Inc. has a 12 month low of $1,307.00 and a 12 month high of $2,050.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.09 and a quick ratio of 0.83. The firm has a market cap of $914.52 billion, a PE ratio of 92.34, a P/E/G ratio of 2.11 and a beta of 1.62.
Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, April 25th. The e-commerce giant reported $7.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $4.61 by $2.48. Amazon.com had a net margin of 4.97% and a return on equity of 28.91%. The business had revenue of $59.70 billion during the quarter, compared to the consensus estimate of $59.73 billion. During the same period in the previous year, the firm posted $3.27 earnings per share. The business’s revenue for the quarter was up 17.0% compared to the same quarter last year. On average, equities analysts predict that Amazon.com, Inc. will post 26.59 EPS for the current year.
In related news, CEO Jeffrey A. Wilke sold 2,500 shares of the firm’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $1,934.42, for a total transaction of $4,836,050.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $19,344,200. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $1,811.14, for a total transaction of $3,622,280.00. Following the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $18,111,400. The disclosure for this sale can be found here. Insiders have sold 12,990 shares of company stock valued at $24,295,428 over the last quarter. Insiders own 16.10% of the company’s stock.
A number of equities analysts have recently issued reports on AMZN shares. Deutsche Bank reiterated a “buy” rating and set a $2,250.00 price objective (down from $2,300.00) on shares of Amazon.com in a research note on Wednesday, January 23rd. Zacks Investment Research upgraded shares of Amazon.com from a “hold” rating to a “buy” rating and set a $1,900.00 price objective on the stock in a research note on Wednesday, January 23rd. JPMorgan Chase & Co. restated a “buy” rating on shares of Amazon.com in a research note on Friday, January 25th. Royal Bank of Canada restated a “buy” rating on shares of Amazon.com in a research note on Friday, January 25th. Finally, Credit Suisse Group restated an “outperform” rating on shares of Amazon.com in a research note on Monday, January 28th. Five research analysts have rated the stock with a hold rating and forty-three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $2,181.89.
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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 third-party sellers through physical stores and online stores.
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