Amazon.com, Inc. (AMZN) Shares Bought by WFG Advisors LP
WFG Advisors LP lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 45.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,599 shares of the e-commerce giant’s stock after purchasing an additional 499 shares during the period. WFG Advisors LP’s holdings in Amazon.com were worth $1,548,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Harbour Capital Advisors LLC lifted its stake in shares of Amazon.com by 100,947.5% during the second quarter. Harbour Capital Advisors LLC now owns 2,302,872 shares of the e-commerce giant’s stock valued at $2,379,000 after acquiring an additional 2,300,593 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Amazon.com by 1,045.8% during the second quarter. Janus Henderson Group PLC now owns 1,775,556 shares of the e-commerce giant’s stock valued at $1,718,711,000 after acquiring an additional 1,620,588 shares during the period. Vanguard Group Inc. lifted its stake in shares of Amazon.com by 2.9% during the second quarter. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant’s stock valued at $26,003,758,000 after acquiring an additional 764,115 shares during the period. BlackRock Inc. lifted its stake in shares of Amazon.com by 2.4% during the second quarter. BlackRock Inc. now owns 23,925,821 shares of the e-commerce giant’s stock valued at $23,160,193,000 after acquiring an additional 554,990 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Amazon.com by 125.1% during the second quarter. Arrowstreet Capital Limited Partnership now owns 822,827 shares of the e-commerce giant’s stock valued at $796,497,000 after acquiring an additional 457,300 shares during the period. Institutional investors own 59.94% of the company’s stock.
In other news, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $1,126.27, for a total value of $612,690.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $1,160.34, for a total value of $3,248,952.00. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $11,603,400. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 402,338 shares of company stock valued at $444,391,701. Corporate insiders own 17.70% of the company’s stock.
Amazon.com, Inc. (AMZN) opened at $1,174.26 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. The firm has a market capitalization of $560,960.00, a P/E ratio of 295.71, a price-to-earnings-growth ratio of 13.18 and a beta of 1.46. Amazon.com, Inc. has a one year low of $747.70 and a one year high of $1,213.41.
Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.09 by ($0.57). The company had revenue of $43.74 billion during the quarter, compared to the consensus estimate of $42.26 billion. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The firm’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.52 earnings per share. equities research analysts predict that Amazon.com, Inc. will post 4.24 EPS for the current year.
Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.
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