Selz Capital LLC Acquires 10,200 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Selz Capital LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 261.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,100 shares of the e-commerce giant’s stock after acquiring an additional 10,200 shares during the period. Amazon.com comprises about 6.2% of Selz Capital LLC’s investment portfolio, making the stock its 4th biggest position. Selz Capital LLC’s holdings in Amazon.com were worth $24,476,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Thoroughbred Financial Services LLC boosted its position in Amazon.com by 191,406.0% in the second 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. Nuveen Asset Management LLC boosted its position in Amazon.com by 3,787.4% in the second quarter. Nuveen Asset Management LLC now owns 3,590,645 shares of the e-commerce giant’s stock valued at $6,799,352,000 after buying an additional 3,498,279 shares in the last quarter. Viking Global Investors LP boosted its position in Amazon.com by 157.6% in the second quarter. Viking Global Investors LP now owns 802,837 shares of the e-commerce giant’s stock valued at $1,520,276,000 after buying an additional 491,118 shares in the last quarter. Investec Asset Management LTD boosted its position in Amazon.com by 186.8% in the second quarter. Investec Asset Management LTD now owns 648,507 shares of the e-commerce giant’s stock valued at $430,045,000 after buying an additional 422,352 shares in the last quarter. Finally, BlackRock Inc. boosted its position in Amazon.com by 1.6% in the second 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. Institutional investors and hedge funds own 55.71% of the company’s stock.

Shares of AMZN traded up $22.15 on Friday, reaching $1,742.42. 2,410,714 shares of the company’s stock were exchanged, compared to its average volume of 3,106,419. The company has a current ratio of 1.10, a quick ratio of 0.84 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $861.62 billion, a P/E ratio of 86.52, a price-to-earnings-growth ratio of 2.17 and a beta of 1.54. The business has a 50 day moving average price of $1,776.47 and a two-hundred day moving average price of $1,847.28. Amazon.com, Inc. has a 12 month low of $1,307.00 and a 12 month high of $2,035.80.



Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $5.29 by ($0.07). The business had revenue of $63.40 billion for the quarter, compared to the consensus estimate 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 period last year, the firm earned $5.07 earnings per share. Equities research analysts predict that Amazon.com, Inc. will post 24.01 EPS for the current year.

A number of equities analysts have commented on the stock. Wells Fargo & Co boosted their price target on shares of Amazon.com from $2,200.00 to $2,300.00 and gave the company an “outperform” rating in a research report on Friday, September 27th. Oppenheimer set a $2,100.00 price target on shares of Amazon.com and gave the company a “buy” rating in a research report on Friday, July 26th. Cowen set a $2,500.00 price target on shares of Amazon.com and gave the company a “buy” rating in a research report on Monday, July 15th. Robert W. Baird set a $2,150.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a research report on Friday, July 26th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Amazon.com in a research report on Monday, July 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and forty-one have issued a buy rating to the company’s stock. Amazon.com presently has an average rating of “Buy” and a consensus price target of $2,256.29.

In related news, SVP Jeffrey M. Blackburn sold 7,144 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $1,791.40, for a total transaction of $12,797,761.60. Following the completion of the sale, the senior vice president now directly owns 56,011 shares of the company’s stock, valued at $100,338,105.40. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Shelley Reynolds sold 379 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $1,775.43, for a total transaction of $672,887.97. Following the sale, the vice president now directly owns 6,307 shares of the company’s stock, valued at $11,197,637.01. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,443 shares of company stock valued at $40,205,835. 16.10% of the stock is currently owned by insiders.

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 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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