Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Raised by Voleon Capital Management LP

Voleon Capital Management LP raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 100.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,000 shares of the e-commerce giant’s stock after purchasing an additional 25,000 shares during the quarter. Amazon.com accounts for about 5.4% of Voleon Capital Management LP’s holdings, making the stock its biggest position. Voleon Capital Management LP’s holdings in Amazon.com were worth $94,682,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AMZN. Vanguard Group Inc. lifted its stake in Amazon.com by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 31,312,832 shares of the e-commerce giant’s stock valued at $59,294,918,000 after buying an additional 387,740 shares in the last quarter. BlackRock Inc. lifted its stake in Amazon.com by 1.6% in the 2nd quarter. BlackRock Inc. now owns 26,082,028 shares of the e-commerce giant’s stock valued at $49,389,711,000 after buying an additional 415,448 shares in the last quarter. Thoroughbred Financial Services LLC lifted its stake in Amazon.com by 191,406.0% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 9,307,191 shares of the e-commerce giant’s stock valued at $930,719,000 after buying an additional 9,302,331 shares in the last quarter. Northern Trust Corp lifted its stake in Amazon.com by 1.2% in the 2nd quarter. Northern Trust Corp now owns 4,997,392 shares of the e-commerce giant’s stock valued at $9,463,210,000 after buying an additional 57,712 shares in the last quarter. Finally, Baillie Gifford & Co. lifted its stake in Amazon.com by 0.9% in the 2nd quarter. Baillie Gifford & Co. now owns 4,449,842 shares of the e-commerce giant’s stock valued at $8,426,354,000 after buying an additional 41,699 shares in the last quarter. 55.71% of the stock is currently owned by institutional investors.

Shares of AMZN stock traded down $43.69 on Tuesday, reaching $1,741.61. 4,316,865 shares of the stock were exchanged, compared to its average volume of 2,751,473. The stock has a market cap of $861.50 billion, a P/E ratio of 86.48, a price-to-earnings-growth ratio of 2.28 and a beta of 1.57. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average of $1,799.06 and a two-hundred day moving average of $1,844.63. Amazon.com, Inc. has a 1-year low of $1,307.00 and a 1-year high of $2,035.80.



Amazon.com (NASDAQ:AMZN) last released 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). The firm had revenue of $63.40 billion for the quarter, compared to analyst estimates of $62.59 billion. Amazon.com had a return on equity of 26.27% and a net margin of 4.80%. The company’s quarterly revenue was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.07 earnings per share. On average, equities research analysts predict that Amazon.com, Inc. will post 24.01 EPS for the current fiscal year.

In related news, CEO Jeffrey A. Wilke sold 2,800 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $1,847.51, for a total transaction of $5,173,028.00. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $18,475,100. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 7,308 shares of the company’s 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 $14,616,000.00. Following the sale, the chief executive officer now directly owns 92,614 shares of the company’s stock, valued at $185,228,000. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 30,514 shares of company stock valued at $56,347,835. Insiders own 16.10% of the company’s stock.

A number of research firms recently issued reports on AMZN. Cowen set a $2,500.00 target price on Amazon.com and gave the company a “buy” rating in a research note on Monday, July 15th. UBS Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Friday, July 26th. Monness Crespi & Hardt set a $2,300.00 target price on Amazon.com and gave the company a “buy” rating in a research note on Friday, July 19th. Pivotal Research reaffirmed a “buy” rating and issued a $2,615.00 target price (down previously from $2,750.00) on shares of Amazon.com in a research note on Friday, July 26th. Finally, Wedbush reaffirmed a “buy” rating and issued a $2,350.00 target price on shares of Amazon.com in a research note on Monday, July 22nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and forty-one have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $2,257.41.

About Amazon.com

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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