Arlington Partners LLC Lowers Position in Amazon.com, Inc. (NASDAQ:AMZN)

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Arlington Partners LLC reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 8.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 104 shares of the e-commerce giant’s stock after selling 9 shares during the quarter. Arlington Partners LLC’s holdings in Amazon.com were worth $181,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Enterprise Trust & Investment Co bought a new position in shares of Amazon.com during the 2nd quarter worth $27,000. Phocas Financial Corp. bought a new position in shares of Amazon.com during the 2nd quarter worth $45,000. Litman Gregory Asset Management LLC bought a new position in shares of Amazon.com during the 2nd quarter worth $53,000. Cerebellum GP LLC grew its stake in shares of Amazon.com by 18.0% during the 3rd quarter. Cerebellum GP LLC now owns 59 shares of the e-commerce giant’s stock worth $69,000 after acquiring an additional 9 shares during the period. Finally, Clear Investment Research LLC grew its stake in shares of Amazon.com by 27.6% during the 2nd quarter. Clear Investment Research LLC now owns 37 shares of the e-commerce giant’s stock worth $70,000 after acquiring an additional 8 shares during the period. Hedge funds and other institutional investors own 55.73% of the company’s stock.

Amazon.com stock opened at $1,757.51 on Monday. The stock has a market cap of $884.19 billion, a PE ratio of 87.26, a price-to-earnings-growth ratio of 2.31 and a beta of 1.54. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.84 and a current ratio of 1.10. Amazon.com, Inc. has a one year low of $1,307.00 and a one year high of $2,035.80. The stock has a fifty day moving average of $1,774.14 and a 200 day moving average of $1,846.58.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 25th. The e-commerce giant reported $5.22 EPS for the quarter, missing analysts’ consensus estimates of $5.29 by ($0.07). The firm had revenue of $63.40 billion for the quarter, compared to analysts’ expectations of $62.59 billion. Amazon.com had a net margin of 4.80% and a return on equity of 26.27%. The firm’s revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the company posted $5.07 EPS. As a group, sell-side analysts predict that Amazon.com, Inc. will post 23.6 EPS for the current fiscal year.

Several research analysts have commented on AMZN shares. UBS Group restated a “buy” rating on shares of Amazon.com in a research note on Friday, July 26th. Loop Capital set a $2,380.00 price target on Amazon.com and gave the company a “buy” rating in a report on Monday, July 15th. Wells Fargo & Co raised their price objective on Amazon.com from $2,200.00 to $2,300.00 and gave the company an “outperform” rating in a report on Friday, September 27th. Bank of America reissued a “buy” rating and set a $2,350.00 price objective (up from $2,300.00) on shares of Amazon.com in a report on Friday, July 26th. Finally, Mizuho restated a “buy” rating and set a $2,200.00 price target (up from $2,080.00) on shares of Amazon.com in a research report on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirty-nine have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $2,242.82.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,800 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $1,847.51, for a total transaction of $5,173,028.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $18,475,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeffrey M. Blackburn sold 7,144 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $1,791.40, for a total value of $12,797,761.60. Following the completion of the transaction, the senior vice president now directly owns 56,011 shares of the company’s stock, valued at approximately $100,338,105.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,443 shares of company stock valued at $40,205,835. 16.10% of the stock is owned by company insiders.

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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