Hatton Consulting Inc. Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

Hatton Consulting Inc. increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 162 shares of the e-commerce giant’s stock after purchasing an additional 5 shares during the quarter. Amazon.com accounts for 0.4% of Hatton Consulting Inc.’s investment portfolio, making the stock its 23rd largest position. Hatton Consulting Inc.’s holdings in Amazon.com were worth $532,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Endurance Wealth Management Inc. grew its stake in Amazon.com by 0.4% in the 2nd quarter. Endurance Wealth Management Inc. now owns 848 shares of the e-commerce giant’s stock valued at $2,917,000 after acquiring an additional 3 shares during the last quarter. Rockbridge Investment Management LCC grew its stake in Amazon.com by 0.5% in the 2nd quarter. Rockbridge Investment Management LCC now owns 581 shares of the e-commerce giant’s stock valued at $1,999,000 after acquiring an additional 3 shares during the last quarter. ICW Investment Advisors LLC grew its stake in Amazon.com by 1.0% in the 2nd quarter. ICW Investment Advisors LLC now owns 293 shares of the e-commerce giant’s stock valued at $1,008,000 after acquiring an additional 3 shares during the last quarter. Chilton Investment Co. LLC grew its stake in Amazon.com by 0.7% in the 2nd quarter. Chilton Investment Co. LLC now owns 423 shares of the e-commerce giant’s stock valued at $1,455,000 after acquiring an additional 3 shares during the last quarter. Finally, B B H & B Inc. grew its stake in Amazon.com by 2.5% in the 2nd quarter. B B H & B Inc. now owns 125 shares of the e-commerce giant’s stock valued at $430,000 after acquiring an additional 3 shares during the last quarter. Institutional investors and hedge funds own 57.48% of the company’s stock.

A number of equities research analysts recently commented on AMZN shares. Susquehanna lowered 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 note on Friday, July 30th. Credit Suisse Group decreased their price target on shares of Amazon.com from $4,200.00 to $4,100.00 and set an “outperform” rating on the stock in a research note on Friday, October 29th. The Goldman Sachs Group decreased their price target on shares of Amazon.com from $4,250.00 to $4,100.00 and set a “buy” rating on the stock in a research note on Friday, October 29th. Morgan Stanley decreased their price target on shares of Amazon.com from $4,100.00 to $4,000.00 and set an “overweight” rating on the stock in a research note on Friday, October 29th. Finally, Guggenheim began coverage on shares of Amazon.com in a research note on Tuesday. They set a “buy” rating and a $4,300.00 price target on the stock. One investment analyst has rated the stock with a hold rating and forty have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $4,144.44.

AMZN opened at $3,580.41 on Thursday. The firm has a market capitalization of $1.82 trillion, a P/E ratio of 70.04, a P/E/G ratio of 3.84 and a beta of 1.11. The firm’s 50 day moving average is $3,409.89 and its 200-day moving average is $3,403.96. 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 quick ratio of 0.87, a current ratio of 1.12 and a debt-to-equity ratio of 0.42.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Wednesday, October 27th. The e-commerce giant reported $6.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.10 by ($2.98). The firm had revenue of $110.81 billion for the quarter, compared to analysts’ expectations of $111.66 billion. Amazon.com had a net margin of 5.73% and a return on equity of 24.31%. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $12.37 EPS. Equities analysts expect that Amazon.com, Inc. will post 41.78 earnings per share for the current fiscal year.

In other news, insider Jeffrey P. Bezos sold 50,034 shares of the firm’s stock in a transaction that occurred on Tuesday, November 2nd. The shares were sold at an average price of $3,319.45, for a total transaction of $166,085,361.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jonathan Rubinstein sold 286 shares of the firm’s stock in a transaction that occurred on Wednesday, September 1st. The stock was sold at an average price of $3,500.00, for a total transaction of $1,001,000.00. The disclosure for this sale can be found here. Insiders have sold 86,498 shares of company stock worth $293,480,991 in the last quarter. Insiders own 14.00% of the company’s stock.

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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