Amazon.com, Inc. (NASDAQ:AMZN) Holdings Raised by Guyasuta Investment Advisors Inc.

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Guyasuta Investment Advisors Inc. boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 409.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,638 shares of the e-commerce giant’s stock after buying an additional 3,727 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in Amazon.com were worth $8,783,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in AMZN. Thoroughbred Financial Services LLC increased its position in Amazon.com by 191,406.0% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 9,307,191 shares of the e-commerce giant’s stock valued at $930,719,000 after acquiring an additional 9,302,331 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Amazon.com by 3.2% in the second quarter. Fisher Asset Management LLC now owns 1,721,602 shares of the e-commerce giant’s stock worth $3,260,079,000 after purchasing an additional 53,132 shares in the last quarter. Clearbridge Investments LLC lifted its position in shares of Amazon.com by 3.5% in the first quarter. Clearbridge Investments LLC now owns 1,117,536 shares of the e-commerce giant’s stock worth $1,990,052,000 after purchasing an additional 37,940 shares in the last quarter. Amundi Pioneer Asset Management Inc. lifted its position in shares of Amazon.com by 20.4% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 687,487 shares of the e-commerce giant’s stock worth $1,224,242,000 after purchasing an additional 116,401 shares in the last quarter. Finally, Investec Asset Management LTD lifted its position in shares of Amazon.com by 186.8% in the second quarter. Investec Asset Management LTD now owns 648,507 shares of the e-commerce giant’s stock worth $430,045,000 after purchasing an additional 422,352 shares in the last quarter. Institutional investors own 57.26% of the company’s stock.

AMZN stock opened at $1,754.11 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.84 and a current ratio of 1.10. The company’s 50-day simple moving average is $1,877.38 and its 200 day simple moving average is $1,821.70. Amazon.com, Inc. has a 52 week low of $1,307.00 and a 52 week high of $2,050.50. The company has a market capitalization of $865.46 billion, a PE ratio of 87.10, a price-to-earnings-growth ratio of 2.22 and a beta of 1.55.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 25th. The e-commerce giant reported $5.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $5.29 by ($0.07). Amazon.com had a net margin of 4.80% and a return on equity of 26.27%. The business had revenue of $63.40 billion during the quarter, compared to analyst estimates of $62.59 billion. During the same quarter last year, the company posted $5.07 earnings per share. The company’s revenue was up 19.9% on a year-over-year basis. On average, analysts forecast that Amazon.com, Inc. will post 24.19 EPS for the current year.

In related news, CEO Jeffrey A. Wilke sold 1,000 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $1,809.20, for a total value of $1,809,200.00. Following the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at $18,092,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David Zapolsky sold 763 shares of the company’s stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of $2,000.00, for a total transaction of $1,526,000.00. Following the completion of the transaction, the insider now owns 2,698 shares in the company, valued at $5,396,000. The disclosure for this sale can be found here. Insiders sold 15,570 shares of company stock worth $29,499,221 over the last 90 days. 16.10% of the stock is currently owned by corporate insiders.

A number of brokerages have recently commented on AMZN. Cowen set a $2,500.00 price objective on shares of Amazon.com and gave the stock a “buy” rating in a research report on Monday, July 15th. Oppenheimer set a $2,100.00 price objective on shares of Amazon.com and gave the stock a “buy” rating in a research report on Friday, July 26th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Amazon.com in a research report on Monday, July 29th. Barclays raised shares of Amazon.com from an “outperform” rating to a “buy” rating in a research report on Monday, July 29th. Finally, Robert W. Baird set a $2,150.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and forty-two have given a buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and an average target price of $2,251.95.

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 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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