Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Hamilton Wealth LLC

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Hamilton Wealth LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,669 shares of the e-commerce giant’s stock after purchasing an additional 90 shares during the period. Amazon.com accounts for about 5.1% of Hamilton Wealth LLC’s holdings, making the stock its 6th biggest position. Hamilton Wealth LLC’s holdings in Amazon.com were worth $6,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of AMZN. BKD Wealth Advisors LLC boosted its holdings in shares of Amazon.com by 6.2% in the 4th quarter. BKD Wealth Advisors LLC now owns 1,010 shares of the e-commerce giant’s stock worth $1,517,000 after purchasing an additional 59 shares during the period. Puzo Michael J purchased a new position in shares of Amazon.com in the 4th quarter worth approximately $692,000. Elefante Mark B boosted its holdings in shares of Amazon.com by 50.0% in the 4th quarter. Elefante Mark B now owns 171 shares of the e-commerce giant’s stock worth $257,000 after purchasing an additional 57 shares during the period. UMB Bank N A MO boosted its holdings in shares of Amazon.com by 4.1% in the 4th quarter. UMB Bank N A MO now owns 28,121 shares of the e-commerce giant’s stock worth $42,237,000 after purchasing an additional 1,114 shares during the period. Finally, Notis McConarty Edward boosted its holdings in shares of Amazon.com by 63.5% in the 4th quarter. Notis McConarty Edward now owns 556 shares of the e-commerce giant’s stock worth $835,000 after purchasing an additional 216 shares during the period. Hedge funds and other institutional investors own 57.26% of the company’s stock.

In other news, CEO Andrew R. Jassy sold 7,308 shares of Amazon.com stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of $2,000.00, for a total value 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Shelley Reynolds sold 379 shares of Amazon.com stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $1,775.43, for a total value of $672,887.97. Following the completion of the transaction, the vice president now owns 6,307 shares in the company, valued at $11,197,637.01. The disclosure for this sale can be found here. Insiders sold a total of 15,570 shares of company stock worth $29,499,221 over the last quarter. Company insiders own 16.10% of the company’s stock.

AMZN has been the subject of a number of research analyst reports. BidaskClub lowered Amazon.com from a “hold” rating to a “sell” rating in a research note on Wednesday, August 14th. Credit Suisse Group reissued an “outperform” rating and set a $2,250.00 price target (up from $2,200.00) on shares of Amazon.com in a research note on Wednesday, July 24th. Benchmark reissued a “buy” rating and set a $2,300.00 price target on shares of Amazon.com in a research note on Friday, July 26th. Morgan Stanley reissued an “overweight” rating and set a $2,300.00 price target (up from $2,100.00) on shares of Amazon.com in a research note on Monday, July 15th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $2,300.00 price target on shares of Amazon.com in a research note on Friday, July 26th. One research 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. The stock has a consensus rating of “Buy” and an average price target of $2,251.95.

Shares of NASDAQ AMZN opened at $1,754.11 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $1,877.38 and a two-hundred day simple moving average of $1,821.70. The firm has a market cap 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, Inc. has a twelve month low of $1,307.00 and a twelve month high of $2,050.50.

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

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.

Further Reading: Are all No-Load Funds Equal?

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

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