Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Marshall Wace North America L.P.

Marshall Wace North America L.P. raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 158,034 shares of the e-commerce giant’s stock after buying an additional 8,292 shares during the quarter. Amazon.com comprises 1.9% of Marshall Wace North America L.P.’s portfolio, making the stock its 5th biggest position. Marshall Wace North America L.P.’s holdings in Amazon.com were worth $299,257,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of AMZN. Pachira Investments Inc. lifted its stake in Amazon.com by 4.3% in the 2nd quarter. Pachira Investments Inc. now owns 120 shares of the e-commerce giant’s stock valued at $227,000 after acquiring an additional 5 shares in the last quarter. West Oak Capital LLC raised its stake in shares of Amazon.com by 0.3% during the 2nd quarter. West Oak Capital LLC now owns 1,455 shares of the e-commerce giant’s stock worth $2,755,000 after purchasing an additional 5 shares in the last quarter. Dorsey Wright & Associates raised its stake in shares of Amazon.com by 0.4% during the 2nd quarter. Dorsey Wright & Associates now owns 1,476 shares of the e-commerce giant’s stock worth $2,795,000 after purchasing an additional 6 shares in the last quarter. RDA Financial Network raised its stake in shares of Amazon.com by 0.8% during the 2nd quarter. RDA Financial Network now owns 806 shares of the e-commerce giant’s stock worth $1,574,000 after purchasing an additional 6 shares in the last quarter. Finally, Altman Advisors Inc. raised its stake in shares of Amazon.com by 0.3% during the 2nd quarter. Altman Advisors Inc. now owns 1,962 shares of the e-commerce giant’s stock worth $3,715,000 after purchasing an additional 6 shares in the last quarter. Institutional investors and hedge funds own 55.71% of the company’s stock.

A number of equities research analysts have recently issued reports on AMZN shares. Cowen set a $2,500.00 price objective on Amazon.com and gave the stock a “buy” rating in a research note on Monday, July 15th. ValuEngine upgraded Amazon.com from a “hold” rating to a “buy” rating in a research note on Tuesday, July 2nd. Bank of America reiterated a “buy” rating and set a $2,350.00 price objective (up previously from $2,300.00) on shares of Amazon.com in a research note on Friday, July 26th. Goldman Sachs Group reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, July 26th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $2,300.00 price objective on shares of Amazon.com in a research note on Friday, July 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and forty-two have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $2,259.84.

In other news, insider David Zapolsky sold 763 shares of the stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of $2,000.00, for a total transaction of $1,526,000.00. Following the sale, the insider now directly owns 2,698 shares of the company’s stock, valued at approximately $5,396,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 7,308 shares of the stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of $2,000.00, for a total value of $14,616,000.00. Following the sale, the chief executive officer now directly owns 92,614 shares in the company, valued at $185,228,000. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 30,514 shares of company stock worth $56,347,835. Insiders own 16.10% of the company’s stock.

NASDAQ AMZN traded down $10.48 on Wednesday, reaching $1,812.07. The stock had a trading volume of 373,534 shares, compared to its average volume of 2,693,949. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.10 and a quick ratio of 0.84. The firm has a fifty day moving average of $1,807.05 and a two-hundred day moving average of $1,840.86. Amazon.com, Inc. has a 1-year low of $1,307.00 and a 1-year high of $2,035.80. The company has a market cap of $909.84 billion, a P/E ratio of 89.97, a price-to-earnings-growth ratio of 2.38 and a beta of 1.57.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 25th. The e-commerce giant reported $5.22 EPS for the quarter, missing analysts’ consensus estimates of $5.29 by ($0.07). Amazon.com had a net margin of 4.80% and a return on equity of 26.27%. The firm had revenue of $63.40 billion during the quarter, compared to analyst estimates of $62.59 billion. During the same period in the prior year, the company earned $5.07 earnings per share. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. Research analysts predict that Amazon.com, Inc. will post 24.01 EPS for the current fiscal year.

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

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