Public Employees Retirement System of Ohio lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 9.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 307,322 shares of the e-commerce giant’s stock after buying an additional 26,365 shares during the quarter. Amazon.com accounts for approximately 1.5% of Public Employees Retirement System of Ohio’s portfolio, making the stock its 3rd biggest position. Public Employees Retirement System of Ohio’s holdings in Amazon.com were worth $295,444,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently bought and sold shares of the stock. Day & Ennis LLC increased its holdings in Amazon.com by 21.3% during the 2nd quarter. Day & Ennis LLC now owns 279 shares of the e-commerce giant’s stock worth $270,000 after purchasing an additional 49 shares during the period. Beach Investment Management LLC. boosted its position in shares of Amazon.com by 996.3% during the 2nd quarter. Beach Investment Management LLC. now owns 22,035 shares of the e-commerce giant’s stock worth $21,330,000 after acquiring an additional 20,025 shares in the last quarter. Mogy Joel R Investment Counsel Inc. boosted its position in shares of Amazon.com by 3.4% during the 2nd quarter. Mogy Joel R Investment Counsel Inc. now owns 16,585 shares of the e-commerce giant’s stock worth $16,054,000 after acquiring an additional 550 shares in the last quarter. Boston Family Office LLC boosted its position in shares of Amazon.com by 7.3% during the 2nd quarter. Boston Family Office LLC now owns 8,030 shares of the e-commerce giant’s stock worth $7,773,000 after acquiring an additional 547 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Amazon.com by 42.2% during the 2nd quarter. Marshall Wace LLP now owns 76,299 shares of the e-commerce giant’s stock worth $73,857,000 after acquiring an additional 22,627 shares in the last quarter. Hedge funds and other institutional investors own 60.22% of the company’s stock.
In related news, CEO Jeffrey A. Wilke sold 2,000 shares of the firm’s stock in a transaction that occurred on 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Tom A. Alberg sold 670 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $1,500.00, for a total value of $1,005,000.00. Following the completion of the transaction, the director now directly owns 14,159 shares of the company’s stock, valued at $21,238,500. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,714 shares of company stock valued at $8,462,195. Company insiders own 17.00% of the company’s stock.
Amazon.com, Inc. (NASDAQ AMZN) opened at $1,578.89 on Monday. The stock has a market capitalization of $764,352.06, a P/E ratio of 256.73, a PEG ratio of 6.95 and a beta of 1.54. Amazon.com, Inc. has a one year low of $833.50 and a one year 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 issued its earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.31. The business had revenue of $60.45 billion during the quarter, compared to the consensus estimate of $59.85 billion. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The company’s revenue for the quarter was up 38.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 EPS. research analysts anticipate that Amazon.com, Inc. will post 8.49 earnings per share for the current 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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