Amazon.com, Inc. (NASDAQ:AMZN) Stock Holdings Increased by Stephens Inc. AR

Stephens Inc. AR lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 11.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,561 shares of the e-commerce giant’s stock after purchasing an additional 2,259 shares during the quarter. Amazon.com accounts for 1.2% of Stephens Inc. AR’s portfolio, making the stock its 11th largest position. Stephens Inc. AR’s holdings in Amazon.com were worth $77,613,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMZN. OLD Mission Capital LLC purchased a new stake in shares of Amazon.com in the third quarter worth approximately $605,000. RiverGlades Family Offices LLC raised its position in Amazon.com by 5.9% during the first quarter. RiverGlades Family Offices LLC now owns 305 shares of the e-commerce giant’s stock valued at $944,000 after acquiring an additional 17 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. raised its position in Amazon.com by 4.4% during the first quarter. Woodley Farra Manion Portfolio Management Inc. now owns 118 shares of the e-commerce giant’s stock valued at $365,000 after acquiring an additional 5 shares in the last quarter. Ironwood Wealth Management LLC. raised its position in Amazon.com by 40.6% during the first quarter. Ironwood Wealth Management LLC. now owns 1,787 shares of the e-commerce giant’s stock valued at $5,529,000 after acquiring an additional 516 shares in the last quarter. Finally, Carderock Capital Management Inc. raised its position in Amazon.com by 11.8% during the first quarter. Carderock Capital Management Inc. now owns 511 shares of the e-commerce giant’s stock valued at $1,581,000 after acquiring an additional 54 shares in the last quarter. 57.67% of the stock is owned by institutional investors and hedge funds.

In other news, CEO Andrew R. Jassy sold 492 shares of the company’s stock in a transaction that occurred on Monday, August 23rd. The stock was sold at an average price of $3,211.90, for a total transaction of $1,580,254.80. Following the sale, the chief executive officer now owns 87,327 shares in the company, valued at approximately $280,485,591.30. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Adam Selipsky sold 1,356 shares of the company’s stock in a transaction that occurred on Monday, August 16th. The stock was sold at an average price of $3,283.00, for a total value of $4,451,748.00. Following the sale, the chief executive officer now owns 3,082 shares in the company, valued at approximately $10,118,206. The disclosure for this sale can be found here. Insiders sold a total of 4,463 shares of company stock valued at $14,784,642 over the last quarter. 14.00% of the stock is owned by insiders.

NASDAQ:AMZN traded down $92.05 on Tuesday, hitting $3,313.75. 99,539 shares of the stock were exchanged, compared to its average volume of 3,460,439. The stock has a market capitalization of $1.68 trillion, a price-to-earnings ratio of 58.71, a P/E/G ratio of 2.41 and a beta of 1.14. Amazon.com, Inc. has a 52 week low of $2,881.00 and a 52 week high of $3,773.08. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.99 and a current ratio of 1.20. The company’s 50-day moving average price is $3,415.36 and its 200 day moving average price is $3,357.98.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Wednesday, July 28th. The e-commerce giant reported $15.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $12.22 by $2.90. Amazon.com had a return on equity of 29.86% and a net margin of 6.64%. The company had revenue of $113.08 billion during the quarter, compared to analyst estimates of $115.08 billion. As a group, equities research analysts predict that Amazon.com, Inc. will post 52.18 earnings per share for the current year.

AMZN has been the topic of several recent research reports. Susquehanna cut their price objective on shares of Amazon.com from $5,500.00 to $5,000.00 and set a “positive” rating on the stock in a research report on Friday, July 30th. Stifel Nicolaus reissued a “buy” rating on shares of Amazon.com in a research report on Friday, July 30th. Truist Securities dropped their price target on shares of Amazon.com from $4,000.00 to $3,800.00 and set a “buy” rating on the stock in a research report on Friday, July 30th. Evercore ISI lifted their price target on shares of Amazon.com from $4,200.00 to $4,700.00 and gave the company an “outperform” rating in a research report on Tuesday, September 14th. Finally, KeyCorp reissued a “buy” rating and issued a $4,000.00 price target on shares of Amazon.com in a research report on Tuesday, September 7th. One research analyst has rated the stock with a hold rating and forty have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $4,146.65.

Amazon.com Company Profile

Amazon.com, Inc engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca.

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

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