Amazon.com, Inc. (AMZN) Shares Bought by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,000 shares of the e-commerce giant’s stock after purchasing an additional 193 shares during the period. Joel Isaacson & Co. LLC’s holdings in Amazon.com were worth $1,936,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Shine Investment Advisory Services Inc. increased its position in Amazon.com by 34.7% in the 2nd quarter. Shine Investment Advisory Services Inc. now owns 594 shares of the e-commerce giant’s stock valued at $575,000 after acquiring an additional 153 shares during the period. Legacy Capital Partners Inc. boosted its holdings in Amazon.com by 5.7% in the 2nd quarter. Legacy Capital Partners Inc. now owns 2,723 shares of the e-commerce giant’s stock valued at $2,636,000 after purchasing an additional 148 shares in the last quarter. Seaward Management Limited Partnership boosted its holdings in Amazon.com by 3.0% in the 2nd quarter. Seaward Management Limited Partnership now owns 27,213 shares of the e-commerce giant’s stock valued at $26,342,000 after purchasing an additional 805 shares in the last quarter. HL Financial Services LLC boosted its holdings in Amazon.com by 10.0% in the 2nd quarter. HL Financial Services LLC now owns 3,802 shares of the e-commerce giant’s stock valued at $3,680,000 after purchasing an additional 347 shares in the last quarter. Finally, Barrett Asset Management LLC boosted its holdings in Amazon.com by 202.3% in the 2nd quarter. Barrett Asset Management LLC now owns 3,900 shares of the e-commerce giant’s stock valued at $3,775,000 after purchasing an additional 2,610 shares in the last quarter. Institutional investors and hedge funds own 60.80% of the company’s stock.

Amazon.com, Inc. (AMZN) opened at 975.90 on Wednesday. Amazon.com, Inc. has a 12-month low of $710.10 and a 12-month high of $1,083.31. The stock has a 50 day moving average of $976.53 and a 200 day moving average of $972.88. The firm has a market cap of $468.80 billion, a PE ratio of 248.19 and a beta of 1.47.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share for the quarter, missing the consensus estimate of $1.40 by ($1.00). The company had revenue of $37.96 billion during the quarter, compared to the consensus estimate of $37.18 billion. Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The business’s revenue was up 24.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.78 EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post $3.63 EPS for the current fiscal year.

Several brokerages have recently commented on AMZN. Cantor Fitzgerald reissued a “buy” rating and set a $1,150.00 price target on shares of Amazon.com in a research note on Tuesday. J P Morgan Chase & Co reiterated a “buy” rating on shares of Amazon.com in a report on Tuesday. Deutsche Bank AG reiterated a “buy” rating and issued a $1,192.00 price target on shares of Amazon.com in a report on Tuesday. Stifel Nicolaus reiterated a “buy” rating and issued a $1,100.00 price target on shares of Amazon.com in a report on Tuesday. Finally, Vetr downgraded Amazon.com from a “strong-buy” rating to a “buy” rating and set a $1,079.96 price objective for the company. in a report on Monday. One investment analyst has rated the stock with a sell rating, three have given a hold rating, forty-eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Amazon.com currently has an average rating of “Buy” and a consensus target price of $1,121.22.

In related news, VP Shelley Reynolds sold 544 shares of Amazon.com stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $986.52, for a total value of $536,666.88. Following the completion of the sale, the vice president now owns 6,533 shares of the company’s stock, valued at approximately $6,444,935.16. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Jeffrey A. Wilke sold 2,800 shares of Amazon.com stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $955.20, for a total transaction of $2,674,560.00. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $9,552,000. The disclosure for this sale can be found here. Insiders sold a total of 9,083 shares of company stock valued at $8,874,850 in the last quarter. 17.70% of the stock is currently owned by company insiders.

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Amazon.com Profile

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

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