EagleClaw Capital Managment LLC lessened its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 5,732 shares of the e-commerce giant’s stock after selling 590 shares during the quarter. Amazon.com makes up approximately 3.1% of EagleClaw Capital Managment LLC’s investment portfolio, making the stock its 5th largest holding. EagleClaw Capital Managment LLC’s holdings in Amazon.com were worth $5,504,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Whitnell & Co. increased its position in Amazon.com by 581.3% during the 3rd quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock valued at $105,000 after purchasing an additional 93 shares during the period. Vestor Capital LLC increased its position in Amazon.com by 10.1% during the 2nd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock valued at $106,000 after purchasing an additional 10 shares during the period. Mountain Capital Investment Advisors Inc acquired a new stake in Amazon.com during the 2nd quarter valued at approximately $121,000. Lee Financial Co increased its position in Amazon.com by 285.7% during the 3rd quarter. Lee Financial Co now owns 135 shares of the e-commerce giant’s stock valued at $130,000 after purchasing an additional 100 shares during the period. Finally, Stelac Advisory Services LLC acquired a new stake in Amazon.com during the 3rd quarter valued at approximately $131,000. 59.39% of the stock is owned by institutional investors and hedge funds.
In related news, CEO Jeffrey A. Wilke sold 2,000 shares of Amazon.com stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,454.37, for a total value of $2,908,740.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeffrey A. Wilke sold 250 shares of Amazon.com stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $1,518.47, for a total value of $379,617.50. The disclosure for this sale can be found here. In the last three months, insiders sold 5,714 shares of company stock valued at $8,462,195. 17.70% of the stock is currently owned by insiders.
Shares of Amazon.com, Inc. (AMZN) opened at $1,578.89 on Friday. The company has a market capitalization of $764,351.69, a price-to-earnings ratio of 346.25, a PEG ratio of 6.95 and a beta of 1.54. Amazon.com, Inc. has a 52 week low of $833.50 and a 52 week high of $1,578.94. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04.
Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 EPS for the quarter, topping the Zacks’ consensus estimate of $1.85 by $0.31. The company had revenue of $60.45 billion for the quarter, compared to analysts’ expectations of $59.85 billion. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The business’s revenue for the quarter was up 38.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.54 EPS. research analysts predict that Amazon.com, Inc. will post 8.49 earnings per share for the current fiscal year.
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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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