Shelton Capital Management raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% in the third quarter, HoldingsChannel.com reports. The firm owned 28,220 shares of the e-commerce giant’s stock after acquiring an additional 1,340 shares during the period. Amazon.com makes up approximately 1.8% of Shelton Capital Management’s holdings, making the stock its 5th largest holding. Shelton Capital Management’s holdings in Amazon.com were worth $27,129,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the business. Day & Ennis LLC lifted its holdings in shares of 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 acquiring an additional 49 shares during the period. Beach Investment Management LLC. increased 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 purchasing an additional 20,025 shares in the last quarter. State Board of Administration of Florida Retirement System increased its position in shares of Amazon.com by 0.5% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 569,217 shares of the e-commerce giant’s stock worth $551,002,000 after purchasing an additional 3,091 shares in the last quarter. Sicart Associates LLC increased its position in shares of Amazon.com by 138.3% during the 2nd quarter. Sicart Associates LLC now owns 560 shares of the e-commerce giant’s stock worth $542,000 after purchasing an additional 325 shares in the last quarter. Finally, Wayne Hummer Investments L.L.C. increased its position in shares of Amazon.com by 14.5% during the 2nd quarter. Wayne Hummer Investments L.L.C. now owns 836 shares of the e-commerce giant’s stock worth $809,000 after purchasing an additional 106 shares in the last quarter. 60.22% of the stock is owned by hedge funds and other institutional investors.
In related news, VP Shelley Reynolds sold 544 shares of Amazon.com stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $1,462.32, for a total transaction of $795,502.08. Following the transaction, the vice president now owns 6,533 shares of the company’s stock, valued at approximately $9,553,336.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,000 shares of Amazon.com 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 transaction of $2,908,740.00. The disclosure for this sale can be found here. Insiders have sold a total of 5,714 shares of company stock worth $8,462,195 in the last three months. 17.00% of the stock is owned by insiders.
Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,598.39 on Tuesday. The stock has a market cap of $764,352.06, a PE ratio of 346.25, a PEG ratio of 6.95 and a beta of 1.54. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.04 and a quick ratio of 0.76. Amazon.com, Inc. has a one year low of $833.50 and a one year high of $1,605.33.
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, beating the consensus estimate of $1.85 by $0.31. Amazon.com had a net margin of 1.71% and a return on equity of 9.23%. The company had revenue of $60.45 billion for the quarter, compared to analyst estimates of $59.85 billion. During the same quarter last year, the firm earned $1.54 EPS. The company’s revenue for the quarter was up 38.2% on a year-over-year basis. sell-side analysts expect that Amazon.com, Inc. will post 8.49 earnings per share for the current fiscal year.
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Amazon.com Company 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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