Mondrian Capital Management LLC Has $9.47 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

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Mondrian Capital Management LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 35.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,000 shares of the e-commerce giant’s stock after purchasing an additional 1,300 shares during the quarter. Amazon.com makes up approximately 4.6% of Mondrian Capital Management LLC’s holdings, making the stock its biggest holding. Mondrian Capital Management LLC’s holdings in Amazon.com were worth $9,468,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AMZN. Signet Investment Advisory Group Inc. acquired a new stake in Amazon.com in the 4th quarter valued at about $33,000. Litman Gregory Asset Management LLC acquired a new stake in Amazon.com in the 2nd quarter valued at about $53,000. Financial Advantage Inc. acquired a new stake in Amazon.com in the 4th quarter valued at about $45,000. Contravisory Investment Management Inc. increased its position in Amazon.com by 20.6% in the 2nd quarter. Contravisory Investment Management Inc. now owns 41 shares of the e-commerce giant’s stock valued at $78,000 after acquiring an additional 7 shares in the last quarter. Finally, Mascoma Wealth Management LLC increased its position in Amazon.com by 15.6% in the 4th quarter. Mascoma Wealth Management LLC now owns 52 shares of the e-commerce giant’s stock valued at $78,000 after acquiring an additional 7 shares in the last quarter. Institutional investors and hedge funds own 57.26% of the company’s stock.

In related news, VP Shelley Reynolds sold 379 shares of Amazon.com stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $1,775.43, for a total transaction of $672,887.97. Following the transaction, the vice president now owns 6,307 shares of the company’s stock, valued at approximately $11,197,637.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 7,308 shares of Amazon.com stock in a transaction that occurred on Wednesday, July 10th. The stock was sold at an average price of $2,000.00, for a total transaction of $14,616,000.00. Following the transaction, the chief executive officer now directly owns 92,614 shares in the company, valued at approximately $185,228,000. The disclosure for this sale can be found here. Insiders have sold a total of 15,570 shares of company stock worth $29,499,221 in the last three months. 16.10% of the stock is owned by insiders.

Several equities research analysts have weighed in on the stock. UBS Group restated a “buy” rating on shares of Amazon.com in a research report on Friday, July 26th. Benchmark restated a “buy” rating and issued a $2,300.00 price objective on shares of Amazon.com in a research report on Friday, July 26th. Loop Capital set a $2,380.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research report on Monday, July 15th. William Blair restated an “outperform” rating on shares of Amazon.com in a research report on Friday, July 26th. Finally, Wedbush restated a “buy” rating and issued a $2,350.00 price objective on shares of Amazon.com in a research report on Monday, July 22nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and forty-two have given a buy rating to the stock. Amazon.com presently has an average rating of “Buy” and an average price target of $2,251.95.

Amazon.com stock opened at $1,795.21 on Friday. The company’s 50 day simple moving average is $1,896.37 and its 200 day simple moving average is $1,818.73. Amazon.com, Inc. has a fifty-two week low of $1,307.00 and a fifty-two week high of $2,050.50. The firm has a market capitalization of $891.06 billion, a price-to-earnings ratio of 89.14, a PEG ratio of 2.28 and a beta of 1.55. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.10 and a quick ratio of 0.84.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share for the quarter, missing the consensus estimate of $5.29 by ($0.07). Amazon.com had a return on equity of 26.27% and a net margin of 4.80%. The firm had revenue of $63.40 billion for the quarter, compared to the consensus estimate of $62.59 billion. During the same period in the previous year, the business earned $5.07 EPS. The firm’s revenue was up 19.9% compared to the same quarter last year. As a group, analysts predict that Amazon.com, Inc. will post 24.52 EPS for the current fiscal year.

Amazon.com Profile

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 third-party sellers through physical stores and online stores.

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

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