Krueger & Catalano Capital Partners LLC bought a new position in shares of Amazon.com (NASDAQ:AMZN) in the 4th quarter, HoldingsChannel.com reports. The fund bought 3,359 shares of the e-commerce giant’s stock, valued at approximately $3,927,000. Amazon.com comprises about 3.3% of Krueger & Catalano Capital Partners LLC’s holdings, making the stock its biggest position.

Other hedge funds have also bought and sold shares of the company. Portfolio Solutions LLC acquired a new stake in Amazon.com during the fourth quarter worth $119,000. Endurance Wealth Management Inc. increased its stake in Amazon.com by 90.9% during the fourth quarter. Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant’s stock worth $123,000 after acquiring an additional 50 shares during the last quarter. Oak Point Wealth Management acquired a new stake in Amazon.com during the fourth quarter worth $125,000. Lee Financial Co increased its stake in Amazon.com by 285.7% during the third quarter. Lee Financial Co now owns 135 shares of the e-commerce giant’s stock worth $130,000 after acquiring an additional 100 shares during the last quarter. Finally, Stelac Advisory Services LLC acquired a new stake in Amazon.com during the third quarter worth $131,000. 60.12% of the stock is owned by institutional investors.

Several equities research analysts have issued reports on the company. Jefferies Group reissued a “buy” rating and set a $1,850.00 target price on shares of Amazon.com in a research note on Tuesday, March 13th. Oppenheimer reissued a “buy” rating on shares of Amazon.com in a research note on Friday, February 2nd. Macquarie reaffirmed a “buy” rating on shares of Amazon.com in a research note on Friday, February 2nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $1,650.00 price objective (up from $1,500.00) on shares of Amazon.com in a research note on Friday, February 2nd. Finally, JMP Securities reaffirmed a “neutral” rating and issued a $1,600.00 price objective (up from $1,475.00) on shares of Amazon.com in a research note on Friday, February 2nd. Two research analysts have rated the stock with a hold rating, fifty-two have assigned a buy rating and one has issued a strong buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and a consensus price target of $1,702.99.

In other news, CEO Jeffrey A. Wilke sold 250 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $1,518.47, for a total value of $379,617.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Shelley Reynolds sold 435 shares of the business’s stock in a transaction dated Tuesday, May 15th. The shares were sold at an average price of $1,578.02, for a total value of $686,438.70. Following the completion of the sale, the vice president now directly owns 6,408 shares of the company’s stock, valued at $10,111,952.16. The disclosure for this sale can be found here. Insiders sold a total of 11,288 shares of company stock valued at $17,577,129 over the last three months. Company insiders own 16.30% of the company’s stock.

Amazon.com opened at $1,581.76 on Friday, Marketbeat Ratings reports. Amazon.com has a fifty-two week low of $1,575.20 and a fifty-two week high of $1,590.00. The company has a quick ratio of 0.77, a current ratio of 1.06 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $770.19 billion, a PE ratio of 249.96, a PEG ratio of 4.34 and a beta of 1.60.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, April 26th. The e-commerce giant reported $3.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.80 by $1.47. Amazon.com had a return on equity of 11.77% and a net margin of 2.04%. The business had revenue of $51.04 billion during the quarter, compared to the consensus estimate of $49.94 billion. During the same period in the previous year, the business earned $1.48 EPS. The business’s quarterly revenue was up 42.9% on a year-over-year basis. equities research analysts expect that Amazon.com will post 12.1 EPS for the current 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 vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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

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