Ibex Investors LLC acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 650 shares of the e-commerce giant’s stock, valued at approximately $1,231,000. Amazon.com comprises approximately 0.1% of Ibex Investors LLC’s portfolio, making the stock its 29th biggest position.

A number of other institutional investors have also made changes to their positions in the business. Pachira Investments Inc. lifted its stake in shares of Amazon.com by 4.3% during the 2nd quarter. Pachira Investments Inc. now owns 120 shares of the e-commerce giant’s stock worth $227,000 after purchasing an additional 5 shares during the last quarter. West Oak Capital LLC lifted its stake in shares of Amazon.com by 0.3% during the 2nd quarter. West Oak Capital LLC now owns 1,455 shares of the e-commerce giant’s stock worth $2,755,000 after purchasing an additional 5 shares during the last quarter. Dorsey Wright & Associates lifted its stake in shares of Amazon.com by 0.4% during the 2nd quarter. Dorsey Wright & Associates now owns 1,476 shares of the e-commerce giant’s stock worth $2,795,000 after purchasing an additional 6 shares during the last quarter. RDA Financial Network lifted its stake in shares of Amazon.com by 0.8% during the 2nd quarter. RDA Financial Network now owns 806 shares of the e-commerce giant’s stock worth $1,574,000 after purchasing an additional 6 shares during the last quarter. Finally, Altman Advisors Inc. lifted its stake in shares of Amazon.com by 0.3% during the 2nd quarter. Altman Advisors Inc. now owns 1,962 shares of the e-commerce giant’s stock worth $3,715,000 after purchasing an additional 6 shares during the last quarter. 57.17% of the stock is currently owned by institutional investors.

Amazon.com stock opened at $1,791.98 on Wednesday. The company has a 50-day simple moving average of $1,915.48. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.84 and a current ratio of 1.10. Amazon.com, Inc. has a one year low of $1,307.00 and a one year high of $2,050.50. The stock has a market capitalization of $894.13 billion, a PE ratio of 88.98, a PEG ratio of 2.29 and a beta of 1.55.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share for the quarter, missing analysts’ consensus estimates of $5.29 by ($0.07). The firm had revenue of $63.40 billion during the quarter, compared to analyst estimates of $62.59 billion. Amazon.com had a net margin of 4.80% and a return on equity of 26.27%. The firm’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same period in the prior year, the company posted $5.07 earnings per share. Equities research analysts predict that Amazon.com, Inc. will post 24.52 EPS for the current fiscal year.

AMZN has been the subject of a number of analyst reports. Stifel Nicolaus restated a “buy” rating and set a $2,300.00 price objective on shares of Amazon.com in a research note on Friday, July 26th. Barclays upgraded Amazon.com from an “outperform” rating to a “buy” rating in a research note on Monday, July 29th. Wedbush restated a “buy” rating and set a $2,350.00 price objective on shares of Amazon.com in a research note on Monday, July 22nd. Morgan Stanley restated an “overweight” rating and set a $2,300.00 price objective (up from $2,100.00) on shares of Amazon.com in a research note on Monday, July 15th. Finally, Oppenheimer set a $2,100.00 price objective on Amazon.com and gave the stock a “buy” rating in a research note on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and forty-two have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $2,251.95.

In other news, CEO Jeffrey A. Wilke sold 1,000 shares of the stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $1,858.25, for a total value of $1,858,250.00. Following the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $18,582,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 7,308 shares of the stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of $2,000.00, for a total value of $14,616,000.00. Following the completion of the transaction, the chief executive officer now directly owns 92,614 shares in the company, valued at $185,228,000. The disclosure for this sale can be found here. Insiders sold 9,071 shares of company stock worth $18,000,250 over the last three months. Corporate insiders own 16.10% of the company’s stock.

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 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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