Parametrica Management Ltd Sells 234 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Parametrica Management Ltd cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 15.8% during the second quarter, Holdings Channel reports. The institutional investor owned 1,247 shares of the e-commerce giant’s stock after selling 234 shares during the quarter. Amazon.com comprises 3.8% of Parametrica Management Ltd’s investment portfolio, making the stock its 7th biggest holding. Parametrica Management Ltd’s holdings in Amazon.com were worth $3,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. Private Advisor Group LLC boosted its stake in shares of Amazon.com by 13.1% in the second quarter. Private Advisor Group LLC now owns 50,128 shares of the e-commerce giant’s stock valued at $138,293,000 after buying an additional 5,789 shares in the last quarter. Argent Wealth Management LLC boosted its stake in shares of Amazon.com by 14.8% in the second quarter. Argent Wealth Management LLC now owns 263 shares of the e-commerce giant’s stock valued at $831,000 after buying an additional 34 shares in the last quarter. Wealthfront Advisers LLC boosted its position in Amazon.com by 4.0% during the second quarter. Wealthfront Advisers LLC now owns 25,564 shares of the e-commerce giant’s stock worth $70,526,000 after purchasing an additional 984 shares in the last quarter. Crystal Rock Capital Management boosted its position in Amazon.com by 27.9% during the second quarter. Crystal Rock Capital Management now owns 3,665 shares of the e-commerce giant’s stock worth $10,111,000 after purchasing an additional 800 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in Amazon.com by 25.1% during the second quarter. Captrust Financial Advisors now owns 48,990 shares of the e-commerce giant’s stock worth $141,028,000 after purchasing an additional 9,816 shares in the last quarter. Hedge funds and other institutional investors own 57.32% of the company’s stock.

Shares of AMZN opened at $3,156.13 on Wednesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.97 and a current ratio of 1.18. The stock has a 50-day moving average price of $3,230.98 and a 200 day moving average price of $2,603.18. Amazon.com, Inc. has a one year low of $1,626.03 and a one year high of $3,552.25. The company has a market capitalization of $1,554.25 billion, a P/E ratio of 121.34, a P/E/G ratio of 3.23 and a beta of 1.32.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $10.30 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $8.56. Amazon.com had a return on equity of 20.47% and a net margin of 4.10%. The company had revenue of $88.91 billion for the quarter, compared to the consensus estimate of $81.56 billion. As a group, equities research analysts forecast that Amazon.com, Inc. will post 31.92 earnings per share for the current fiscal year.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 1,200 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $3,174.18, for a total transaction of $3,809,016.00. Following the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $31,741,800. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jeffrey A. Wilke sold 750 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $3,304.28, for a total value of $2,478,210.00. Following the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $33,042,800. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 102,815 shares of company stock worth $324,095,003. 16.10% of the stock is currently owned by company insiders.

A number of analysts have commented on the company. Mizuho boosted their target price on Amazon.com from $3,450.00 to $3,700.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Edward Jones reiterated a “buy” rating on shares of Amazon.com in a research report on Friday, July 31st. Wells Fargo & Company boosted their target price on Amazon.com from $3,000.00 to $3,600.00 and gave the stock an “overweight” rating in a research report on Monday, July 27th. Cowen boosted their price target on Amazon.com from $2,750.00 to $3,700.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Finally, DZ Bank reissued a “buy” rating on shares of Amazon.com in a report on Wednesday, July 8th. Six equities research analysts have rated the stock with a hold rating and forty-seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $3,291.50.

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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