Fulcrum Capital LLC Buys New Stake in Amazon.com (AMZN)

Fulcrum Capital LLC bought a new position in Amazon.com (NASDAQ:AMZN) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 762 shares of the e-commerce giant’s stock, valued at approximately $891,000.

A number of other large investors have also modified their holdings of AMZN. Portfolio Solutions LLC bought a new stake in Amazon.com in the 4th quarter worth $119,000. Endurance Wealth Management Inc. grew its holdings in Amazon.com by 90.9% in the 4th quarter. Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant’s stock worth $123,000 after acquiring an additional 50 shares during the last quarter. Oak Point Wealth Management bought a new stake in Amazon.com in the 4th quarter worth $125,000. Whitnell & Co. grew its holdings in Amazon.com by 581.3% in the 3rd quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock worth $105,000 after acquiring an additional 93 shares during the last quarter. Finally, Vestor Capital LLC grew its holdings in Amazon.com by 10.1% in the 2nd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after acquiring an additional 10 shares during the last quarter. Institutional investors own 60.21% of the company’s stock.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 250 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $1,518.47, for a total transaction of $379,617.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Shelley Reynolds sold 544 shares of the company’s 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 sale, the vice president now directly owns 6,533 shares of the company’s stock, valued at $9,553,336.56. The disclosure for this sale can be found here. Insiders have sold 6,214 shares of company stock valued at $9,251,120 over the last three months. 17.70% of the stock is owned by corporate insiders.

AMZN has been the topic of a number of recent analyst reports. Loop Capital raised their price target on shares of Amazon.com to $1,600.00 in a report on Friday, February 2nd. Bank of America reissued a “buy” rating and issued a $1,460.00 price target (up previously from $1,220.00) on shares of Amazon.com in a report on Tuesday, January 16th. They noted that the move was a valuation call. SunTrust Banks reissued a “buy” rating and issued a $1,400.00 price target (up previously from $1,270.00) on shares of Amazon.com in a report on Friday, January 12th. UBS reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, January 11th. Finally, Stifel Nicolaus lifted their target price on shares of Amazon.com from $1,313.00 to $1,425.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Three equities research analysts have rated the stock with a hold rating, fifty have assigned a buy rating and one has assigned a strong buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $1,505.95.

AMZN opened at $1,556.91 on Friday. 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 has a twelve month low of $896.29 and a twelve month high of $1,617.54. The company has a market cap of $728,014.94, a PE ratio of 342.18, a P/E/G ratio of 6.60 and a beta of 1.59.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share 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 firm had revenue of $60.45 billion during the quarter, compared to analysts’ expectations of $59.85 billion. During the same period in the previous year, the company earned $1.54 earnings per share. The firm’s quarterly revenue was up 38.2% on a year-over-year basis. research analysts predict that Amazon.com will post 8.49 EPS for the current fiscal year.

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About Amazon.com

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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