Lenox Wealth Advisors LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 19.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 891 shares of the e-commerce giant’s stock after buying an additional 144 shares during the period. Amazon.com accounts for about 0.3% of Lenox Wealth Advisors LLC’s portfolio, making the stock its 19th largest holding. Lenox Wealth Advisors LLC’s holdings in Amazon.com were worth $1,515,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of AMZN. BKD Wealth Advisors LLC grew its position in shares of Amazon.com by 3.1% in the 2nd quarter. BKD Wealth Advisors LLC now owns 943 shares of the e-commerce giant’s stock valued at $1,603,000 after acquiring an additional 28 shares during the period. Private Trust Co. NA grew its position in shares of Amazon.com by 0.7% in the 2nd quarter. Private Trust Co. NA now owns 4,504 shares of the e-commerce giant’s stock valued at $7,655,000 after acquiring an additional 31 shares during the period. Palladium Partners LLC grew its position in shares of Amazon.com by 6.9% in the 1st quarter. Palladium Partners LLC now owns 493 shares of the e-commerce giant’s stock valued at $714,000 after acquiring an additional 32 shares during the period. Cim Investment Mangement Inc. grew its position in shares of Amazon.com by 2.1% in the 1st quarter. Cim Investment Mangement Inc. now owns 1,608 shares of the e-commerce giant’s stock valued at $2,327,000 after acquiring an additional 33 shares during the period. Finally, Newman Dignan & Sheerar Inc. grew its position in shares of Amazon.com by 13.3% in the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 282 shares of the e-commerce giant’s stock valued at $479,000 after acquiring an additional 33 shares during the period. Hedge funds and other institutional investors own 57.32% of the company’s stock.

Several analysts recently commented on AMZN shares. DA Davidson lifted their target price on shares of Amazon.com from $2,200.00 to $2,450.00 and gave the stock a “buy” rating in a report on Wednesday, September 5th. Wells Fargo & Co reaffirmed a “buy” rating and set a $2,110.00 target price on shares of Amazon.com in a report on Tuesday, September 4th. Robert W. Baird reaffirmed a “buy” rating on shares of Amazon.com in a report on Monday, September 3rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a report on Thursday, August 30th. Finally, ValuEngine raised shares of Amazon.com from a “hold” rating to a “buy” rating in a report on Thursday, September 13th. Two investment analysts have rated the stock with a hold rating and fifty have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $1,988.99.

Shares of Amazon.com stock opened at $1,974.55 on Wednesday. The stock has a market capitalization of $934.03 billion, a price-to-earnings ratio of 433.97, a price-to-earnings-growth ratio of 3.99 and a beta of 1.60. The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. Amazon.com, Inc. has a twelve month low of $931.75 and a twelve month high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 26th. The e-commerce giant reported $5.07 EPS for the quarter, beating the consensus estimate of $2.49 by $2.58. The company had revenue of $52.89 billion during the quarter, compared to analysts’ expectations of $53.37 billion. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. The business’s revenue for the quarter was up 39.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.40 EPS. equities research analysts expect that Amazon.com, Inc. will post 17.77 EPS for the current fiscal year.

In other news, Director Tom A. Alberg sold 2,320 shares of the business’s stock in a transaction that occurred on Monday, August 6th. The shares were sold at an average price of $1,827.29, for a total value of $4,239,312.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Thomas O. Ryder sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 1st. The shares were sold at an average price of $1,783.81, for a total transaction of $8,919,050.00. Following the completion of the transaction, the director now owns 10,752 shares of the company’s stock, valued at $19,179,525.12. The disclosure for this sale can be found here. Insiders sold a total of 25,308 shares of company stock valued at $47,905,498 over the last 90 days. Corporate insiders own 16.30% of the company’s stock.

Amazon.com 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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